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Tech Talk for Monday January 1st, 2024

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  Next Tech Talk report Next report is to be released on Tuesday, January 2nd.    Monday is a holiday in most equity markets.     HAPPY NEW YEAR!

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Tech Talk for Friday December 29th 2023

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Pre-opening Comments for Friday December 29th U.S. equity index futures were mixed this morning. S&P 500 futures unchanged at 8:30 AM EST. UnitedHealth Group added $3.10 to 528.00 after booking a $7 billion charge following a deal to sell its Brazil operations. Jabil slipped $0.58 to $127.40 after lowering its fiscal second quarter outlook. Expedia […]

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Tech Talk for Thursday December 28th 2023

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Pre-opening Comments for Thursday December 28th U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point at 8:30 AM EST. Microsoft added $0.76 to $374.83 after Wedbush raised its target from $425 to $450. Livent gained $0.21 to $18.11 after Mizuho raised its target price from $15 to $20. SQM […]

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Tech Talk for Wednesday December 27th 2023

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  The Bottom Line Encouraging U.S. economic news released on Friday added to the possibility of the proverbial Santa Claus yearend rally that normally lasts to the first two trading days in January. The November Core PCE Price Index on a year-over-year basis came in at 3.2%, nicely lower than consensus at 3.4%. Equity and […]

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Tech Talk for Friday December 22nd 2023

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Pre-opening Comments for Friday December 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points at 8:35 AM EST. Index futures were unchanged following release of economic data at 8:30 AM EST: November Durable Goods Orders were expected to increase 1.7% versus a decline of 5.4% in October. Actual […]

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