{"id":527455,"date":"2010-04-14T09:10:00","date_gmt":"2010-04-14T13:10:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:422906"},"modified":"2010-04-14T09:10:00","modified_gmt":"2010-04-14T13:10:00","slug":"earnings-economic-news-bernanke-%e2%80%93-vialoux","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/527455","title":{"rendered":"Earnings, economic news, Bernanke \u2013 Vialoux"},"content":{"rendered":"<p>U.S equity index futures are higher this morning. S&amp;P 500 futures are up 5 points in pre-opening trade. Early strength was triggered by higher than expected first quarter earnings reported by JP Morgan, Intel and CSX. They also offered positive second quarter guidance. JP Morgan gained 2%, CSX added 1% and Intel jumped 4% in pre-opening trade. JP Morgan likely will break above resistance at $47.36 this morning.&nbsp; <\/p>\n<p>Index futures improved slightly following release of encouraging economic news. Consensus for March retail sales was an increase of 1.1% versus 0.3% in February. Actual was an increase of 1.6%. Excluding auto sales, consensus was an increase of 0.5%. Actual was an increase of 0.6%. Consensus for March Consumer Prices was an increase of 0.1% versus no change in February. Actual was an increase of 0.1%. Excluding food and energy, consensus was an increase of 0.1%. Actual was unchanged.<\/p>\n<p>Traders are awaiting testimony at the White House by Federal Reserve Chairman Ben Bernanke this morning.<\/p>\n<p>McDonald\u2019s gained 1% after Janney Montgomery raised its rating from Neutral to Buy. Target price is $75. <\/p>\n<p>Goldman Sachs downgraded the fertilizer sector. Potash Corp fell 2% after Goldman changed its opinion from Conviction Buy to Neutral. Mosaic dropped 2% after Goldman downgraded the stock from Buy to Neutral.<\/p>\n<p>Talisman was downgraded by Raymond James from Outperform to Market Perform.&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;&nbsp;&nbsp; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/NP\/aggbug.aspx?PostID=422906\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S equity index futures are higher this morning. S&amp;P 500 futures are up 5 points in pre-opening trade. Early strength was triggered by higher than expected first quarter earnings reported by JP Morgan, Intel and CSX. They also offered positive second quarter guidance. JP Morgan gained 2%, CSX added 1% and Intel jumped 4% in [&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-527455","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/527455","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=527455"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/527455\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=527455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=527455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=527455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}