{"id":231481,"date":"2010-01-26T09:38:00","date_gmt":"2010-01-26T14:38:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:386633"},"modified":"2010-01-26T09:38:00","modified_gmt":"2010-01-26T14:38:00","slug":"u-s-home-prices-earnings-upgrade-%e2%80%93-vialoux","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/231481","title":{"rendered":"U.S. home prices, earnings, upgrade \u2013 Vialoux"},"content":{"rendered":"<p>U.S. equity index futures are lower this morning despite encouraging fourth-quarter earnings news released overnight. S&amp;P 500 futures slipped 4 points in pre-opening trade. <\/p>\n<p>The S&amp;P\/Case Shiller Home Price Index for November showed slight deterioration on a month to month basis but an improvement on a year over year basis. Prices on a month to month basis for the 20 largest U.S. cities slipped 0.2%. Five of the 20 cities recorded a gain. On a year over year basis home prices were down only 5.3%. <\/p>\n<p>The U.S. Dollar is slightly stronger this morning. Commodities priced in U.S. dollars including gold, silver, copper and crude oil are trading lower. <\/p>\n<p>Most fourth-quarter earnings reports released overnight exceeded consensus estimates. Companies reporting better than expected earnings included Apple, Amgen, Dupont, Corning, Texas Instruments, Zions Bancorporation, Nucor and Johnson &amp; Johnson. <\/p>\n<p>Celestica added 1% after Credit Suisse raised its rating from Neutral to Outperform. Target was raised from $9.50 to $11.50 U.S. <\/p>\n<p>The two-day Federal Open Market Committee meeting to determine U.S. administered interest rates starts today. Results of the meeting are expected to be released Wednesday at 2:15 p.m. EST. No change in the Fed Fund rate is anticipated. <\/p>\n<p>&nbsp;<i>Don Vialoux, chartered market technician, is the author of a free daily report on equity markets, sectors, commodities, equities and Exchange-Traded Funds. For more visit <a href=\"http:\/\/www.timingthemarket.ca\/techtalk\/\" >Don Vialoux&#39;s Web site <\/a><\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/np\/aggbug.aspx?PostID=386633\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. equity index futures are lower this morning despite encouraging fourth-quarter earnings news released overnight. S&amp;P 500 futures slipped 4 points in pre-opening trade. The S&amp;P\/Case Shiller Home Price Index for November showed slight deterioration on a month to month basis but an improvement on a year over year basis. Prices on a month to [&hellip;]<\/p>\n","protected":false},"author":4062,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-231481","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/231481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4062"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=231481"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/231481\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=231481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=231481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=231481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}