Pre-opening Comments for Friday July 8th U.S. equity index futures moved sharply lower this morning following release of a surprisingly negative June employment report. S&P 500 futures plunged 18 points in pre-opening trade. Consensus for June non-farm payrolls was 125,000. Actual was 18,000. In addition, the May nonfarm payrolls was revised down from 54,000 to [...]
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Pre-opening Comments for Wednesday May 25th U.S. equity index futures are lower this morning. S&P 500 futures are down 6 points in pre-opening trade. Commodity prices are mixed this morning. Gold added $2.80 per ounce, silver increased $1.05 per ounce, crude oil fell $0.40 per barrel and copper gained 8 cents per lb. More evidence [...]
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Bank of Montreal (NYSE:BMO, TSE:BMO) – $50.99, $54.11Cdn. News event: Reported higher than expected fiscal fourth quarter earnings. Technical and seasonality comment: Bank of Montreal currently has a positive intermediate technical profile. Intermediate trend is up. The stock trades above its 50 and 200 day moving averages. MACD, RSI and Stochastics are short term [...]
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