Pre-opening Comments for Tuesday July 19th U.S. equity index futures are higher this morning. S&P 500 futures are up 9 points. Investors are responding to higher than expected second quarter earnings released by IBM. Index futures moved slightly higher following release of economic news at 8:30 AM EDT. Consensus for June housing starts was 575,000 [...]

  (Editor’s Note: Mr. Vialoux is scheduled to appear on BNN at 7:00 PM EDT on Thursday) Pre-opening Comments U.S. equity index futures are higher this morning. S&P 500 futures gained 8 points just after Greece’s government voted in favour of an austerity package. Commodity prices are higher on weakness in the U.S. Dollar. Gold [...]

  (Editor’s Note: Apologies for lack of service this week. Mr. Vialoux just returned from a marketing trip to the Atlantic Provinces and from knee surgery yesterday) U.S. equity index futures are mixed this morning following the release of lower than expected first quarter earnings by Google. Google also was downgraded from Buy to Hold [...]

  Verizon Communications (NYSE:VZ) – $28.79 News event: Reported slightly higher than expected third quarter earnings Technical comment: Investors took profits on news. Verizon currently has a negative intermediate technical profile. Intermediate trend is down. The stock trades below its 50 and 200 day moving averages. Short term momentum indicators continue to trend lower from [...]

October 16th 2009 International Business Machines (NYSE:IBM) – $121.66 News event: Higher than expected earnings, but lower than expected revenues. Technical comment: IBM currently has a positive intermediate technical profile. Intermediate trend is up. The stock trades above its 50 and 200 day moving averages. Short term support is indicated at $115.15 and $117.26. However, [...]