Tech Talk for Wednesday January 10th 2018

Jan 10 07:01 2018 Print This Article

Pre-opening Comments for Wednesday January 10th

U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade.

Signet Jewellers dropped $4.62 to $51.97 after lowering its fourth quarter sales guidance.

Lennar fell $1.12 to $65.55 after reporting less than consensus fourth quarter earnings.

Nutrien gained $0.12 to US$52.80 after Stifel Nicolaus initiated coverage with a Buy rating.

Deere improved $1.20 to $166.80 after RBC Capital upgraded the stock to Outperform from Sector Perform.

EquityClock’s Daily Market Comment

Following is a link:

http://www.equityclock.com/2018/01/09/stock-market-outlook-for-january-10-2018/

Note seasonality charts on U.S. Bank industry, 10 Year Treasury Notes, Utility sector, U.S. REIT Index and Job Openings.

Observations

Higher crude oil prices have prompted higher gasoline prices.

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About Article Author

Timing the Market

Tech Talk is a free stock market letter service offering free daily reports on equity markets, sectors, commodities and exchangetraded funds. The Web site has recently received an average of 1.6 million hits per month from 130 countries.

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