Pre-opening Comments for Wednesday November 16th U.S. equity indices are lower this morning. S&P 500 futures are down 11 points in pre-opening trade. Index futures are responding to comments by Manuel Barrasso, head of the European Commission that Europe faces a systemic crisis. Index futures were virtually unchanged following release of economic news at 8:30 [...]

Pre-opening Comments for Monday June 27th 2011 U.S. equity index futures are higher this morning. S&P 500 futures are up 1 point in pre-opening trade. Investors are hopeful that Greece’s government will approve a program to reduce its budget deficit. Index futures also were helped by comments from China’s Premier Wen that China plans to [...]

Pre-opening Comments for Monday March 21st U.S. equity index futures are higher this morning. S&P 500 futures gained 15 points in pre-opening trade. Index futures are responding to news that AT&T is buying T-Mobile U.S. from Deutsche Telecom for $39 billion in a cash and stock deal. Deutsche Telecom and other telecom stocks led the [...]

  Walt Disney Company (NYSE:DIS) – $32.37 Walt Disney was upgraded this morning by Bank of America/ Merrill from Neutral to Buy. Target price was raised from $33 to $42. Disney has an improving technical profile. This morning the stock briefly broke resistance at $32.75 to reach a 17 month high. Short term momentum indicators [...]

And finally the bleeding stops.   Of the 672 stocks analyzed on the S&P 500 and TSE, 424 advanced, 235 declined and the remaining 13 never quite got over Saturday’s trick-or-treat.  The up days are never kind to the bulls.   Another day of minor gains, averaging only 0.3% across all stocks, yet trading volumes are considerably [...]