Editor’s Note: Mr. Vialoux is scheduled to appear on Market Call Tonight on BNN Television at 7:00 PM EDT tonight. Pre-opening Comments for Friday May 13th U.S. equity index futures are slightly higher this morning. S&P 500 futures are up 1 point in pre-opening trade. Index futures were virtually unchanged following release of the [...]
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Stocks in the news breaking resistance Clorox Co (NYSE:CLX) – $59.91 News event: Better than consensus earnings, positive guidance Technical event: A break above resistance changed intermediate trend from down to neutral Chart courtesy of StockCharts.com www.stockcharts.com Domtar Corp (NYSE:UFS) – $45.13 U.S. (TSE: UFS) – $48.60 Cdn. News event: Upgraded to Top Pick [...]
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By The Numbers Everyone keep your hands, arms and legs inside at all times because we’re about to go for a ride. Out of the 557 analyzed in the S&P 500 and TSE 60, only 25 advanced, 531 declined and 1 remained indifferent. Looking back to Monday when 472 (or 85%) of the stocks were [...]
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