Dollarama $DOL.TO a TSX 60 stock moved above Cdn$156.25 to an all-time high extending an intermediate uptrend.Manulife Financial $MFC.T0 a TSX 60 stock moved above Cdn$45.65 to an all-time high extending an intermediate uptrend.Trader's CornerEquity Indices and Related ETFsDaily Seasonal/Technical Equity Trends for April 2nd 2025Green: Increase from previous dayRed: Decrease from previous daySourc...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 59 points at 8:30 AM EDT.President Trump is scheduled to announce his tariff policies after 4:00 PM EDT today.Tesla dropped $7.03 to $261.67 on news that the company's EV sales in China were down 11% in the first quarter. Charles Schwab added $1.07 to $78.74 after Citigroup upgraded the stock from Neutral to Buy. Targ...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 26 points at 8:30 AM EDT.PVH advanced $10.13 to $74.77 after reporting higher than consensus fourth quarter earnings. Progress Software gained #.00 to $54.50 after raising earnings guidance higher than consensus. Johnson & Johnson dropped $5.83 to $160.01 after a judge dismissed the company's third attempt to reso...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 58 points at 8:30 AM EDT.Goldman Sachs raised its probability of a recession in the United States during the next 12 months from 20% to 35%.World equity indices were lower overnight. The Nikkei Average dropped 1,502.77 to 35,617.56. Tesla dropped $14.21 to $249.26 after Stifel lowered its target price from $474 to $45...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points at 8:30 AM EDT.S&P 500 futures dropped 6 points following release of economic news at 8:30 AM EDT. February Core PCE Price Index was expected to increase 0.3% versus a 0.3% gain in January. Actual was a 0.4% gain. February U.S. Personal Income was expected to increase 0.4% versus 0.9% in January. Actual...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points at 8:35 AM EDTS&P 500 futures recovered 7 points following release of second revision of U.S. fourth quarter GDP at 8:30 AM EDT. Consensus was annualized growth at a 2.3% rate. Actual was 2.4%.U.S. auto stocks moved lower following President Trump's move of a 25% tariff on finished autos imported into the...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were down 2 points at 8:35 AM EDT.S&P 500 futures were unchanged following release of February Durable Goods Orders at 8:30 AM EDT. Consensus called for a 1.0% drop versus a 3.1% gain in January. Actual was a 0.9% gain.GameStop advanced $1.59 to $26.98 after the company confirmed plans to invest in Bitcoin. General Dynamics...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:30 AM EDT.KB Home dropped $5.39 to $56.40 after reporting less than consensus fourth quarter revenues and earnings. The company also lowered guidance. Oklo dropped $1.34 to $29.57 after reporting a quarterly loss.Carvana added $10.93 to $224.56 after Morgan Stanley upgraded the stock from Equal Weight to...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 67 points at 8:30 AM EDT. Index futures were boosted by news that President Trump will hold back some of his announced tariffs.Boeing advanced $3.01 to $181.12 and Lockheed Martin dropped $6.70 to $433.19 after Boeing won the contract to build the next U.S. jet fighter. Lockheed was the other manufacturer that was bidd...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 19 points at 8:30 AM EDT.FedEx dropped $10.71 to $235.50 after the company issued lower fiscal fourth quarter guidance. Nike dropped $5.09 to $66.77 after lowering fiscal fourth quarter guidance.Micron advanced $3.56 to $106.50 after reporting higher than consensus fiscal second quarter results. Lennar dropped $3.92 t...Read More
TC Energy $TRP a TSX 60 stock moved above Cdn$70.05 to an all-time high extending an intermediate uptrend.Kinross Gold $KGC a TSX 60 stock moved above US$12.35 extending an intermediate uptrend.Trader's CornerEquity Indices and Related ETFsDaily Seasonal/Technical Equity Trends for March 20th 2025 Green: Increase from previous dayRed: Decrease from previous daySource for all positive seasonality r...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points at 8:30 AM EDT.Microchip Technology dropped $2.62 to $51.95 after offering depository shares valued at $1.35 billion.Accenture dropped $15.47 to $309.00 despite reporting higher than consensus fiscal second quarter results.Darden Restaurants dropped $0.65 to $187.50 after reporting less than consensus fiscal...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:30 AM EDT.Focus today is on a decision announced by the FOMC on U.S. interest rates at 2:00 PM EDT. Consensus (100%) calls for no change in the Fed Fund Rate at 4.50%. Comments offered by Federal Reserve Chairman Powell's will be watched closely for a sense of direction.J P Morgan Chase added $0.35 to $23...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM EDT.S&P 500 futures were unchanged following release of the U.S. February Housing Starts report at 8:30 AM EDT. Consensus called for an increase to 1.380 million units from 1.366 million units in January. Actual was an increase to 1.500 million units.The Canadian Dollar added 0.05 to U.S. 70.0...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points at 8:35 AM EDT.Index futures recovered 13 points following release of February U.S. Retail Sales and March Empire State Manufacturing Survey at 8:30 AM EDT. Consensus for February U.S. Retail Sales was a 0.6% increase versus a downwardly revised 1.2% drop in January. Actual was a 0.2% gain. Excluding auto sal...Read More
Pre-opening Comments for Friday March 14thU.S. equity index futures were higher this morning. S&P 500 futures were up 58 points at 8:30 AM EDT.The U.S. Senate has a deadline of midnight tonight to pass a resolution to extend the debt ceiling. Failure to pass the resolution will shut down U.S. government services (other than essential services). Odds makers are giving passage by tonight a 50/50...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:30 AM EDT.S&P 500 futures were unchanged following release of the February U.S. Producer Price Index at 8:30 AM EDT. Consensus was a 0.3% increase versus a 0.4% increase in January. Actual was unchanged. Excluding food and energy, consensus was a 0.3% increase versus a 0.3% increase in January. Actu...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 66 points at 8:35 AM EST.S&P 500 futures added 22 points following release of the February U.S. Consumer Price Index at 8:30 AM EDT. Consensus was a 0.3% increase versus a 0.5% gain in January. Actual was a 0.2% gain. Excluding food and energy, February CPI was expected to increase 0.3% versus a 0.4% gain in Januar...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:30 AM EDT.Delta Airlines dropped $5.61 to $44.72 after offering fiscal first quarter guidance below consensus.Oracle dropped $4.79 to $144.00 after reporting less than consensus fiscal third quarter revenues.LifeMD advanced $0.86 to $5.13 after offering fiscal fourth quarter guidance above consensus.Cien...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 82 points at 8:30 AM EDT.China large cap iShares dropped $0.63 to $36.33 on news that China's Consumer Price Index dropped 0.7% in February.Cracker Barrel added $0.51 to $43.33 after Truest upgraded the stock to Buy.Redfin jumped $4.88 to $10.70 after Rocket Companies offered to buy the company for $12.50 per share. V...Read More