Pre-opening Comments for Thursday September 15th U.S. index futures are higher this morning. S&P 500 futures are up 5 points in pre-opening trade. Investors are slightly more hopeful for a resolution of the Greek sovereign debt crisis. Index futures moved lower following worse than expected economic news released at 8:30 AM EDT. Consensus for August [...]

Pre-opening Comments for Friday April 8th U.S. equity index futures are higher this morning despite the possibility of a shut down of Federal government operations. S&P 500 futures are up 6 points in pre-opening trade. Futures are responding to weakness in the U.S. Dollar. Weakness in the U.S. Dollar prompted strength in commodities priced in [...]

October 2nd 2009 Intel Corp. (NASDAQ:INTC $19.18) News event: Upgraded to Outperform by Oppenheimer Technical comment: Intel’s intermediate technical profile recently has turned negative. Intermediate trend changed from up to down yesterday when the stock broke below support at $19.22. The stock also broke below its 50 day moving average earlier this week. Strength relative [...]

  September 21st 2009 S&P/TSX Composite Index (TSX: S&P/TSX Composite Index: 11,379) News event: UBS raises target on the TSX Composite Index to 13,500. Source: FP Trading Desk: http://network.nationalpost.com/np/blogs/tradingdesk/archive/2009/09/18/ubs-raises-target-on-tsx-to-13-500.aspx Technical comment: The TSX Composite Index currently has a positive technical profile. Intermediate trend is up. The Index remains well above its 50 and 200 day [...]