Monthly Archives: November 2009

monday update

SHORT TERM: market rebuonds in volatile trading, DOW +35 Overnight all the Asian markets were higher. Europe opened higher but closed -1.05%. US index futures were higher overnight but futures began to fade heading into the open. Just after the … Continue reading

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weekend update

REVIEW A short US trading week with lots of activity. The biggest news of the week was the potential debt default by Dubai World. Overseas markets reacted violently during thursday and friday, and in the US futures markets. On friday, … Continue reading

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friday update

SHORT TERM: holiday volatility continues, DOW -154 Overnight all the Asian markets were lower, Hong Kong was down over 4% and Japan was over 3% lower. Europe opened lower, but rallied throughout the day to close +1.15%. US index futures … Continue reading

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holiday update

SHORT TERM: markets decline worldwide on Dubai debt problems, (DOW mini) YM -181 Overnight the following was released by Reuters: http://www.reuters.com/article/businessNews/idUSTRE5AN54C20091126?feedType=nl&feedName=usbeforethebell. Thank you Martin. In response to the news all the Asian markets were lower, with the biggest decline in … Continue reading

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wednesday update

SHORT TERM: USD drops market rallies, DOW +31 Overnight all the Asian markets were higher. Europe opened higher and closed +0.70%. US index futures were higher overnight on the decline in the USD. At 8:30 the weekly Jobless claims improved: … Continue reading

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tuesday update

SHORT TERM: market recovers from early selling, DOW -17 Overnight all of the Asian markets were lower. Europe opened lower and closed -0.55%. US index futures traded higher overnight, and at 8:30 the first revision to Q3 GDP came in … Continue reading

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monday update

SHORT TERM: sunday night USD selling leads to another stock market gap up, DOW +133 Overnight all the Asian markets were higher. Europe opened higher and closed +2.05%. US index futures were higher overnight, and the market gapped up at … Continue reading

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weekend update

REVIEW The markets rallied on monday, after another sunday night of USD selling. Then turned flat to lower as the week unfolded. On the economic front, the Philly FED turned higher, along with capacity utilization, retail sales improved but ex-autos … Continue reading

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friday update

SHORT TERM: market dips below yesterday’s low then rallies, DOW -14 After the close Bloomberg reported the following: http://www.bloomberg.com/apps/news?pid=20601068&sid=aCzFIW4QXPEE. Overnight the Asian markets were mostly lower. Europe opened higher, but closed -0.50%. US index futures were lower overnight, and the … Continue reading

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thursday update

SHORT TERM: USD rally leads to early selloff, DOW -94 After yesterday’s close the FED issued the following bulletin: http://www.federalreserve.gov/pubs/bulletin/2009/default.htm. Overnight the Asian markets were mixed. Europe opened lower and closed -1.45%. US index futures were lower overnight, and at … Continue reading

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