Pre-opening Comments for Friday February 3rd 2012 U.S. equity index futures are higher in pre-opening trade. The S&P 500 Index added 13 points in pre-opening trade. Index futures moved higher following release of the January employment report. Consensus for January Non-farm payrolls was a slip to 170,000 versus a revised 203,000 in December. Actual was [...]

Pre-opening Comments for Thursday February 2nd Index futures are mixed this morning. S&P 500 futures are unchanged in pre-opening trade. Investors are waiting for testimony at 10:00 AM this morning by Federal Reserve Chairman Ben Bernanke in front of the House Budget Committee. Index futures moved slightly lower following release of the January Challenger Gray [...]

  Pre-opening Comments for Wednesday February 1st U.S. equity index futures are higher this morning. S&P 500 futures are up 8 points in pre-opening trade. Index futures are responding to news that China’s January Purchasing Managers Index exceeded expectations. Consensus was a decline to 49.6 from 50.3 in December. Actual was an improvement to 50.5. [...]

  Interesting Charts More short term signals of technical weakness in major equity indices and sectors! Lots of momentum indicators recorded short term sell signals yesterday: · Stochastics falling below 80% after reaching above 80% · RSI moving below 70% after reaching above 70% · A negative MACD crossover from an overbought level (above the [...]

  Editor’s Note: Mr. Vialoux is scheduled to appear on Bloomberg Television at approximately 3:35 PM EST today. Access http://www.bloomberg.com/ . Click on TV. Pre-opening Comments for Monday January 30th U.S. equity index futures are lowered this morning. S&P 500 futures are down 11 points in pre-opening trade. Negotiations between Greece and private investors holding [...]