Monthly Archives: March 2011

thursday update

SHORT TERM: market consolidates near rally highs, DOW -31 Overnight the Asian markets were mostly higher. Europe opened higher but closed -0.20%. US index futures were lower overnight. At 8:30 weekly jobless claims were reported slightly higher: 388K vs 382K. … Continue reading

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wednesday update

SHORT TERM: market rallies to new highs, DOW +72 Overnight the Asian markets were mostly higher. Europe opened higher and closed +1.0%. US index futures were higher overnight as well. At 8:15 the ADP employment index reported expansion: +201K vs … Continue reading

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Case-Shiller housing update

With Case-Shiller reporting its monthly numbers yesterday (CS 140.86) we decided to do a follow up to our recent housing report: http://caldaro.wordpress.com/2011/01/24/us-housing-into-the-2020s/.  In the report we noted the following: We anticipate that the housing market will remain under pressure from 2006 … Continue reading

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tuesday update

SHORT TERM: early pullback leads to a rally, DOW +81 Overnight the Asian markets were mixed again. Europe opened higher but closed mixed as well. US index futures were higher overnight. At 9:00 Case-Shiller housing prices were reported lower year/year: -3.1% vs … Continue reading

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the Japanese Yen: JPYUSD

As a followup to our recent long term report on the Japan Nikkei equity index we present our a long term analysis on the JPYUSD. The Yen is a western economy currency which generally follows the CHFUSD long term currency … Continue reading

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monday update

SHORT TERM: market consolidates around OEW 1313 pivot, DOW -23 Overnight the Asian markets were mixed. Europe opened higher but closed mixed. US index futures were higher overnight. At 8:30 Personal income was reported positive: +0.3% vs +1.0%, while Personal spending … Continue reading

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Japan’s Nikkei and investor psychology

During the past several weeks Japan has experienced a number of devastating natural and manmade disasters. In the months and years ahead Japan will certainly recover, and the global community will assist them in their endeavors. As a result of these recent … Continue reading

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India’s Sensex update

This is an update to our previous post: http://caldaro.wordpress.com/2010/12/01/indias-sensex/. Nothing has changed longer term. India’s Sensex entered a multi-decade Cycle wave [3] in the spring of 2009. The current multi-year bull market is only Primary wave I of this Cycle wave, … Continue reading

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weekend update

REVIEW Markets worldwide just had their best week since the beginning of November 2010. The SPX/DOW gained 2.9%, and the NDX/NAZ was +4.2%. Asian markets gained 3.5%, European markets were +4.0%, the Commodity equity group gained 2.4%, and the DJ … Continue reading

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friday update

SHORT TERM: rally continues, DOW +50 Overnight the Asian markets were all higher. Europe opened higher and closed +0.25%. US index futures were higher overnight as well. Last night FED governor Duke’s speech was released: http://www.federalreserve.gov/newsevents/speech/duke20110324a.htm. This morning at 8:30 Q4 … Continue reading

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