U.S. equity index futures were lower this morning. S&P 500 futures were down 19 points at 8:30 AM EDT. Electronic Arts dropped $5.54 to $124.70 after reporting less than consensus quarterly revenues.Wynn Resorts gained $2.79 to $100.05 after reporting higher than consensus quarterly revenues and earnings.Lyft advanced $0.50 to $17.10 after reporting higher than consensus first quarter revenues...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade.Boise Cascade gained $3.32 to $139.37 after reporting higher than consensus first quarter revenues and earnings. Hims & Hers added $1.25 to $12.90 after reporting higher than consensus first quarter revenues and earnings. Walt Disney dropped $7.24 to $109.23 despite reporting higher than...Read More
U.S. equity index futures were higher this morning. S&P 500 futures added 58 points at 8:35 AM EDTS&P 500 futures added 39 points following release of the U.S. April Employment Report at 8:30 AM EDT. Consensus for April Non-farm Payrolls was a drop to 210,000 from 303,000 in March. Actual was a drop to 175,000. Consensus for the April Unemployment Rate was unchanged from March at 3.8%. Act...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 33 points at 8:35 AM EDT.Index futures were unchanged following release of the March U.S. Trade report at 8:30 AM EDT. Consensus was a deficit of $68.00 billion versus a deficit of $68.90 billion in February. Actual was a deficit of $69.4 billion.Qualcomm advanced $5.74 to $169.70 after reporting higher than consensus...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points at 8:30 AM EDT.Focus today is on the FOMC's announcement on the Fed Fund Rate at 2:00 PM EDT. Consensus calls for no change in the Rate at 5.25%-5.50%.Amazon added $2.16 to $177.16 after reporting higher than consensus first quarter revenues and earnings. Starbucks plunged $10.03 to $78.46 after reporting le...Read More
U.S. equity index futures were lower this morning. S&P 500 futures dropped 23 points at 8:35 AM EDT.The Canadian Dollar dropped 0.22 to US 72.90 cents following release of Canada's February GDP report. Consensus was an increase of 0.3%. Actual was an increase of 0.2%NXP Semiconductor advanced $9.39 to $256.52 after reporting higher than consensus first quarter earnings.F5 dropped $19.49 to $16...Read More
U.S. equity index futures were higher this morning. S&P 500 futures added 12 points at 8:30 AM EDT.Apple advanced $3.34 to $172.64 after Bernstein upgraded the stock to Buy.Southwest Airlines dropped $0.34 to $26.69 after Jefferies downgraded the stock.Domino's Pizza added $22.93 to $522.00 after reporting higher than consensus first quarter earnings. Tesla added $15.16 to $183.30 after receiv...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 46 points at 8:35 AM EDT. S&P 500 futures added 11 points following release of the March PCE Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.3% in February. Actual was a 0.2% increase. On a year-over-year basis, consensus for the March Index was a gain of 2.6% versus a gain of 2.5%...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 50 points at 8:35 AM EDT.S&P 500 futures dropped another 14 points following release of U.S. first quarter annualized GDP at 8:30 AM EDT. Consensus was an increase of 2.5% versus a gain of 3.4% in the fourth quarter. Actual was an increase of 1.6%.Meta Platforms plunged $70.18 to $423.32 after offering second quar...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:35 AM EDT.S&P 500 Index futures were unchanged following release of the March Durable Goods Orders report at 8:30 AM EDT. Consensus was a 2.5% increase versus a gain of 3.4% in February. Actual was an increase of 2.6%. Excluding transportation orders, consensus was a 0.3% increase versus a 0.3% gain...Read More
Kraft Heinz $KHC an S&P 100 stock moved above $38.17 extending an intermediate uptrend. Southern Companies $SO an S&P 100 companies moved above $72.65 and $72.81 extending an intermediate uptrend.Pepsico $PEP a NASDAQ 100 stock moved above $176.23 extending an intermediate uptrend. Trading Desk $TTD a NASDAQ 100 stock moved below $76.42 completing a double top pattern. Trader's Corner...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points at 8:30 AM EDT.Tesla dropped $5.30 to $141.75 after announcing a $2,000 price reduction for its U.S. produced autos.Verizon added $1.70 to $76.50 after reporting higher than consensus first quarter revenues and earnings.AZZ added $1.70 to $76.50 after reporting higher than consensus fiscal fourth quarter reve...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT. Netflix dropped $22.56 to $588.00 despite reporting a higher than consensus increase in subscribers. Also, first quarter revenues and earnings beat consensus. KB Homes gained $1.59 to $62.00 after the company lifted its dividend by 25% and authorized a $1 Billon share buyback program.PPG Industrie...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:35 AM EDT.S&P 500 futures were unchanged following release of the April Philly Fed Index at 8:30 AM EDT. Consensus was unchanged versus a gain of 3.2 in March. Actual was a gain of 15.5.CSX added $0.54 to $34.70 after reporting higher than consensus first quarter earnings.Alcoa gained $1.05 to $36.70...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:30 AM EDT.Take Two Interactive added $1.55 to $147.00 after the company announced a cost cutting program.JB Hunt Transport dropped $9.99 to $173.00 after forecasting lower volumes.United Airlines gained $2.03 to $43.55 after forecasting fiscal second quarter above consensus estimates. Travellers dropped...Read More
U.S. equity index futures were higher this morning. S&P 500 futures added 13 points at 8:35 AM EDT.S&P 500 futures added 11 points following release of the March Housing Start report at 8:30 AM EDT. Consensus was a drop to 1.480 million units versus 1.521 million units in February. Actual was a drop to 1.32 million units. The Canadian Dollar dropped US0.13 to US72.40 cents following releas...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 40 points at 8:35 AM EDT despite Iran's missile attack on Israel over the weekend. Index futures gained 9 points following release of March U.S. Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.3% versus a revised gain of 0.9% in February. Actual was an increase of 0.7%. Excluding auto sales, consensus for M...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:30 AM EDT.JP Morgan dropped $4.03 to $191.40 despite reporting higher than consensus first quarter results.Wells Fargo added $0.59 to $57.28 after reporting higher than consensus first quarter results. Earnings were only 8% lower than the first quarter last year.Advanced Micro Devices dropped $3.08 to $...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points at 8:35 AM EDT.S&P 500 futures recovered 25 points following release of the March U.S. Producer Price Index at 8:30 AM EDT. Consensus was an increase of 0.3% versus a gain of 0.6% in February. Actual was an increase of 0.2%. On a year-over-year basis consensus was an increase of 2.3% versus a gain of 1.6%...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were down 54 points at 8:35 AM EDT.U.S. Index futures plunged 61 points following release of the March U.S. Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.3% versus a gain of 0.4% in February. Actual was an increase of 0.4%. On a year-over-year basis, consensus was an increase of 3.4% versus a gain of 3.2%...Read More