Late Note: Berkshire Hathaway announced purchase of Bank of America preferred shares valued at $5billion. Bank of America immediately rose 20% and S&P 500 futures jumped 12 points to up 10 points. Pre-opening Comments for Thursday August 25th U.S. equity index futures are slightly lower this morning. S&P 500 futures slipped 2 points in [...]

Pre-opening Comments for Thursday July 21st U.S. equity index futures are higher this morning. S&P 500 futures are up 8 points in pre-opening trade. Traders responded to news that the European Central Bank is willing to include Greek sovereign debt as collateral when determining European bank reserve requirements. U.S. government officials including Federal Reserve Chairman [...]

TechTalk and EquityClock.com’s weekly seasonality column (Available in today’s Financial Post at http://business.financialpost.com/2011/06/21/a-bumper-year-for-fertilizer-investors/ Title reads, “A bumper year for fertilizer investors”. Pre-opening Comments for Tuesday June 21st 2011 U.S. equity index futures are higher this morning. S&P 500 futures are up 5 points prior to release of important news during the next two days. Greece’s [...]

  Abercrombie & Fitch Co. (NYSE: ANF) – $39.48 News Event: Reported higher than expected earnings Technical comment: Abercrombie & Fitch currently has a positive intermediate technical profile. Intermediate trend is up. The stock recently bounced from near its 50 day moving average. This morning the stock broke above resistance at $37.80. Strength relative to [...]