Bank of Montreal (NYSE:BMO, TSE:BMO) – $50.99, $54.11Cdn.
News event: Reported higher than expected fiscal fourth quarter earnings.
Technical and seasonality comment: Bank of Montreal currently has a positive intermediate technical profile. Intermediate trend is up. The stock trades above its 50 and 200 day moving averages. MACD, RSI and Stochastics are short term overbought, but continue [...]

Something has come up with Donny V today, so it will be just me today.   Don will return with his regular Tech Talk report on Friday.
It’s all good though, cause the markets got absolutely hammered and I think we’re all hurting a little right now.   Of the 672 stocks analyzed on the S&P 500 and [...]

Another selloff day in the markets, but the Dow managed to record an uptick.   Of the 672 stocks analyzed on the S&P 500 and TSE, 205 advanced, 456 declined and 11 didn’t record a change.
These last two days have totally “screwed-up” the number of stocks that continue to trend above their 50-day moving average.   Currently [...]

 
Verizon Communications (NYSE:VZ) – $28.79
News event: Reported slightly higher than expected third quarter earnings
Technical comment: Investors took profits on news. Verizon currently has a negative intermediate technical profile. Intermediate trend is down. The stock trades below its 50 and 200 day moving averages. Short term momentum indicators continue to trend lower from an overbought level. [...]

 
Adobe Systems Inc. (NASDAQ: ADBE $33.20)
News event: Adobe offers to purchase Omniture for $1.8 billion and reports lower than consensus third quarter earnings.
Technical comment: Adobe currently has a positive technical profile. Intermediate trend is up. The stock trades above its 50 and 200 day moving averages. Strength relative to the S&P 500 Index has been [...]