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Tech Talk for Thursday May 30th 2024

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Pre-opening Comments for Thursday May 30th U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM EDT. S&P 500 futures gained 7 points following release of the second estimate for annualized first quarter real GDP. Consensus was an increase of 1.2% versus a gain of 3.4% in […]

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Tech Talk for Wednesday May 29th 2024

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Pre-opening Comments for Wednesday May 29th U.S. equity index futures were lower this morning. S&P 500 futures were down 35 points at 8:30 AM EDT. Robinhood Markets advanced $0.92 to $21.39 after the company approved a $1 billion share buyback program. American Airlines dropped $0.54 to $12.90 after the company lowered earnings guidance. Delta Airlines […]

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Tech Talk for Tuesday May 28th 2024

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Pre-opening Comments for Tuesday May 28th U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:30 AM EDT. Apple added $3.22 to $193.20 following news that iPhone sales in China have exceeded expectations. Bank of Nova Scotia (BNS.TO Cdn$65.59) is expected to open higher after releasing higher than […]

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Tech Talk for Monday May 27th 2024

Daily Reports Comments Off on Tech Talk for Monday May 27th 2024

  The Bottom Line The gain by one stock dominated performances by the S&P 500 Index and NASDAQ Composite Index last week: the 15% price advance by heavily weighted NVidia following release of its better than expected quarterly results. Other major U.S. equity indices were notably weaker: Dow Jones Industrial Average down 2.33%, Dow Jones […]

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Tech Talk for Friday May 24th 2024

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Pre-opening Comments for Friday May 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 8:35 AM EDT The Canadian Dollar was unchanged at US72.91 cents following release of March Canadian Retail Sales at 8:30 AM EDT. Consensus was a drop of 0.1% versus a decline of 0.1% […]

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