{"id":494172,"date":"2010-03-31T09:15:00","date_gmt":"2010-03-31T13:15:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:416804"},"modified":"2010-03-31T09:15:00","modified_gmt":"2010-03-31T13:15:00","slug":"adp-platinum-gdp-rim-%e2%80%93-vialoux","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/494172","title":{"rendered":"ADP, platinum, GDP, RIM \u2013 Vialoux"},"content":{"rendered":"<p>U.S. equity index futures are lower this morning. S&amp;P 500 futures are down 5 point in pre-opening trade. Index futures weakened following release of the March ADP report on private employment. Consensus was an increase of 40,000. Actual was a decline of 23,000. The report reduces hopes that the March Non-farm Payroll report to be released on Friday will reach consensus at 190,000 jobs.<\/p>\n<p>The U.S. Dollar weakened slightly following release of the ADP report. A weaker dollar prompted strength in commodities priced in U.S. Dollars including crude oil, gold, silver and platinum.<\/p>\n<p>Platinum appears poised to move above resistance at $1,647.70 U.S. per ounce.<\/p>\n<p>\u2018Tis the season for platinum to move higher until early June! Following is a 20 year seasonality chart on Platinum showing seasonality on Platinum.<\/p>\n<p>Economic growth in Canada continues to accelerate. The January GDP report recorded a gain of 0.6% versus a gain of 0.5% in December. Consensus was a gain of 0.5%. <\/p>\n<p>Research in Motion is in the news today. The company is scheduled to release fourth quarter earnings after the close. Consensus estimate is $1.28 versus $0.90 per share last year. In addition, Exane BNP Parabas initiated coverage on the stock with an Outperform rating. <\/p>\n<p>Applied Materials raise its sales guidance for 2010. <\/p>\n<p>Honeywell, an aerospace equipment company raised its first quarter guidance. The stock gained 2% following the news. Other aerospace stocks including Boeing, Bombardier and CAE could benefit.&nbsp; <\/p>\n<p>Historically, the month of April has been the best performing month of the year for most equity markets and sectors. History is about to repeat. Tech Talk has completed a study on the ten year performance of major markets.<br \/>Brooke Thackray offers information on U.S. subsectors based on 20 years of data. Best performing subsectors were Semiconductors, Auto &amp; Components and Integrated Oil. Worst performing sectors were Gold (XAU), Biotech and Retailing.&nbsp; <\/p>\n<p><i>Don Vialoux, chartered market technician, is the author of a free<br \/>\ndaily report on equity markets, sectors, commodities, equities and<br \/>\nExchange-Traded Funds. For more visit <a href=\"http:\/\/www.timingthemarket.ca\/techtalk\/\" >Don Vialoux&#39;s Web site<\/a><\/i>&nbsp; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/NP\/aggbug.aspx?PostID=416804\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. equity index futures are lower this morning. S&amp;P 500 futures are down 5 point in pre-opening trade. Index futures weakened following release of the March ADP report on private employment. Consensus was an increase of 40,000. Actual was a decline of 23,000. The report reduces hopes that the March Non-farm Payroll report to be [&hellip;]<\/p>\n","protected":false},"author":4059,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-494172","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/494172","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\/4059"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=494172"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/494172\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=494172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=494172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=494172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}