Nov 15
Pre-opening Comments for Tuesday November 15th U.S. equity index futures are lower this morning. S&P 500 futures are down 8 points in pre-opening trade. Index futures are responding to rising rates on European sovereign debt. Index futures recovered following release of encouraging economic news at 8:30 AM EST. Consensus for October Retail Sales was an [...]
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Aug 02
Pre-opening Comments for Tuesday August 2nd U.S. equity index futures are lower again this morning. S&P 500 futures are down 6 points in pre-opening trade. Investors are responding to growing sovereign debt concerns in Italy and Spain. Gold and silver moved higher on European sovereign debt concerns. Gold gained $18.50 per ounce to another all [...]
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May 17
Pre-opening Comments for Tuesday May 17th 2011 U.S. equity index futures are lower this morning. S&P 500 futures are down 3 point in pre-opening trade. Commodity prices are mixed. Crude oil slipped $0.60 per barrel, gold eased $11.60 per ounce, silver lost $0.69 per ounce and copper added $0.01 per lb. Index futures slipped following [...]
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Nov 12
Advanced Micro Devices Inc (NYSE:AMD) – $6.49 News events: Receiving $1.25 billion from Intel and settles law disputes with Intel Technical and seasonality comment: Advanced Micro Devices currently has a positive intermediate technical profile. Today, the stock broke above resistance at $6.36 to an 18 month high with exceptionally high volume. The stock remains [...]
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Nov 02
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 [...]
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