(Editor’s Note: Next Tech Talk report is released on Monday April 25th) Pre-opening Comments for Thursday April 21st U.S. equity index futures are higher again this morning. S&P 500 futures gained 6 points in pre-opening trade. Index futures are responding to higher than expected first quarter earning, positive second quarter guidance and weakness in [...]

  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 [...]

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 [...]

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.   [...]

  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 [...]