Pre-opening Comments for Tuesday October 11th U.S. equity index futures are lower this morning. S&P 500 futures are down 9 points in pre-opening trade. Index futures are nervous prior to a vote by Slovakia to approve the European bailout package. Unanimous approval of the package by all nations in the Euro is needed. Slovakia is [...]

Pre-opening Comments for Monday August 8th U.S. equity index futures are sharply lower this morning. S&P 500 futures are down 28 points in pre-opening trade. Futures are responding to news that Standard & Poor’s downgraded U.S. sovereign debt from AAA to AA+ with a negative outlook. Last night, G7 finance ministers commented after an emergency [...]

Pre-opening Comments for Monday April 25th U.S. equity index futures are higher this morning. S&P 500 futures are up 2 points in pre-opening markets. Index futures are responding to additional weakness in the U.S. Dollar. Commodities priced in U.S. Dollars continue to move higher. Gold gained $8.10 per ounce to another all time high. Silver [...]

  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 [...]