Wal-Mart (WMT) a Dow Jones Industrial Average stock moved above $106.01 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until November 14th See seasonality chart at www.EquityClock.comExelon (EXC) a NASDAQ 100 stock moved above $46.26 to an all-time high extending an intermediate uptrend. Rio Tinto (RIO) one of the world's largest base metals miners moved...Read More
U.S. equity indices moved higher yesterday after concerns about an escalating tariff war with China lessened. The S&P 500 Index added 105.21 to 6,654.72.U.S. equity index futures moved lower this morning. S&P 500 futures were down 59 points to 6,635 at 8:30 AM EDT.Yesterday, Gold bullion added $96.40 to another all-time high at US$4,109.65. This morning gold added another $17.40 per ounce....Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 25 points at 8:30 AM EDT.The Nikkei Average jumped 2,175.26 to 47,944.76 after selection of Sanae Takaichi as Japan's first female prime minister. Advanced Micro Devices gained $39.04 to $203.71 after signing a deal to provide AI chips to Open AIBitcoin briefly moved above US$125,000 to an all-time high. Comerica advan...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EDT.The U.S. September Non-farm Payrolls report scheduled for release at 8:30 AM EDT has been postponed due to shutdown of U.S. Federal Government services.Applied Materials dropped $7.69 to $215.90 after noting that it expects a $710 million hit to fourth quarter revenues triggered by new export re...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 8:30 AM EDT.Occidental Petroleum advanced $0.74 to $48.46 after the company sold its OxyChem division to Berkshire Hathaway for $9.7 billion. Berkshire Hathaway slipped $1.19 to $497.01 on the newsStellantis added $0.68 to $10.32 after reporting higher than consensus quarterly results. EquityClock's Market...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 28 points at 8:30 AM EDT. Futures responded to the shutdown of U.S. federal government services at midnight last night.Nike added $0.91 to $70.70 after reporting higher than consensus fiscal first quarter results. Lithium America jumped $1.49 to $7.20 after the U.S. federal government announced purchase of a 5% weight...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:30 AM EDT. Index futures responded to failure by Congress to reach an agreement prior to October 1st to continue funding government operations. Wolfspeed advanced $3.76 to $25.86 after emerging from Chapter 11 bankruptcy.Echostar added $6.00 to $79.60 on talks to sell its spectrum to VerizonSemtech gaine...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 32 points at 8:30 AM EDT.Gold futures gained $39.40 to $3,848.00 per ounce in response to a weaker U.S. Dollar and to .U.S. government shutdown fears. Novo Nordisk dropped $1.84 to $53.77 after Morgan Stanley noted that the company's test for an Alzheimer treatment is expected to fail.Tesla advanced $17.01 to $440.40 i...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were 23 ponts at 8:35 AM EDTS&P 500 futures added 13 points following release of economic news at 8:30 AM EDT. Consensus for August PCE Price Index was a 0.3% increase versus a 0.2% increase in July. Actual was a 0.3% increase. On a year-over-year basis, the Index increased 2.7% versus 2.6% in July. Consensus for August Co...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 27 points at 8:35 AM EDT.S&P 500 futures slipped 2 points following release of economic news at 8:30 AM EDT. Consensus for updated U.S. annualized second quarter real GDP report was unchanged at a 3.3% rate versus a 0.5% drop in the first quarter. Actual was an increase to 3.8%. Consensus for August Durable Goods...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.Micron advanced $0.74 to $167.15 after reporting higher than consensus fiscal fourth quarter results. The company also offered a positive outlook for its fiscal first quarter. Alibaba gained $15.23 to $178.31 after announcing a $50 billion infrastructure expansion programWalt Disney, owner of t...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were down 3 points at 8:30 AM EDT. Boeing advanced $4.75 to $216.84 on news that the company is in final stages of negotiations over a "huge" order for aircraft with ChinaMicron added $1.03 to $165.65 prior to releasing quarterly results later today.Almost all of the gain by the S&P 500 Index yesterday came from two stocks:...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 23 points at 8:30 AM EDT.Gold advanced $40.55 to another all-time high $3,726.33 per ounce.Metsera (MTSR) advanced $19.70 to $53.02 after Pfizer reported is buying the company for $4.9 billion.Pfizer (PFE) added $0.34 to $24.37 following the report on MetseraEquityClock's Market Outlook for September 22ndOn the lookou...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points at 8:30AM EDT.Today is Quadruple Witching Day, the last trade day for September listed options, futures and futures options. FedEx advanced $16.76 to $243.26 after reporting higher than consensus fiscal first quarter resultsLennar dropped $4.53 to $128.34 after issuing a warning on fiscal fourth quarter reven...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 47 points at 8:35 AM EDT. S&P 500 futures slipped 5 points following release of the September Philly Fed Manufacturing Index at 8:30 AM EDT. Consensus called for an improvement to 2.0 from a 0.3 drop in August. Actual was an increase to 23.2.Cracker Barrel (CBRL) dropped $5.09 to $44.50 after forecasting a fall in...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were down 2 points at 8:30 AM EDT.U.S. equity market focus today is on release of the FOMC decision on U.S. interest rates at 2:00 PM EDT. Consensus calls for a 0.25% reduction to 4.25% in the Fed Fund Rate. Press conference call is scheduled for 2:30 AM EDT. Canadian equity market focus today is on release of the Bank of Canad...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EDT.S&P 500 futures added 1 point following release of August U.S. Retail Sales at 8:30 AM EDT. Consensus was a 0.3% increase versus a 0.5% gain in July. Actual was a 0.6% gain. Excluding auto sales, consensus was a 0.4% gain versus a 0.3% increase in July. Actual was a 0.7% gain.The Canadian Do...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:35 AM EDT.S&P 500 Index futures were unchanged following release of the September Empire State Manufacturing Survey at 8:30 AM EDT. Consensus was a drop to 4.50 from 11.09 in August. Actual was an 8.70 dropNvidia dropped $2.86 to $174.96, Texas Instruments dropped $4.91 to $177.69 and Analog Devices...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points at 8:30 AM EDT.Microsoft gained $11.99 to $513.00 after announcing an extension of its partnership with OpenAI. Seasonal influences are favourable on a real and relative basis until November 8th. See seasonality chart at www.EquityClock.comAdobe advanced $16.00 to $372.00 after reporting higher than consensus...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:35 AM EDT.S&P 500 futures dropped 10 points following release of the U.S. August Consumer Price Index at 8:30 AM EDT. Consensus was a 0.3% increase versus a 0.2% increase in July. Actual was a 0.4% increase. On a year-over-year basis, August CPI was expected to increase 2.9% versus 2.7% in July. Actua...Read More