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Monthly Archives: May 2011
tuesday update
SHORT TERM: market rebound extends, DOW +128 Overnight all the Asian markets were higher. The last time that occurred was April 21st. Europe opened higher and closed +1.35%. US index futures were much higher overnight. At 9:00 Case-Shiller reported the … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
65 Comments
monday holiday update
SHORT TERM: US markets closed, YM +4 Overnight Asian markets were mostly lower. Europe opened higher but closed flat. US index futures were relatively flat overnight with ES +0.50 and NQ +0.50. Markets were fairly quiet worldwide. Bonds gained 5 … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
34 Comments
weekend update
REVIEW Another choppy week in the US stock market that led to the fourth consecutive, albeit small, weekly loss. On the economic front positive reports outpaced negatives 8:5. On the negative side: durable goods orders, pending homes sales, the M1-multiplier, … Continue reading
Posted in weekend update
Tagged business, economy, elliott wave, finance, investing, markets, OEW
29 Comments
friday update
SHORT TERM: market rebound continues, DOW +39 Overnight the Asian markets were mixed. Europe opened higher and closed +0.80%. US index futures were higher overnight. At 8:30 Personal income was reported positive: +0.4% vs +0.5%, as was Personal spending: +0.4% … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
19 Comments
thursday update
SHORT TERM: stock rebound strengthens, DOW +8 Overnight the Asian markets were mostly higher. Europe opened higher but closed mixed. US index futures were higher overnight. At 8:30 Q1 GDP was reported unchanged: +1.8% vs +1.8%, but weekly Jobless claims … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
33 Comments
wednesday update
SHORT TERM: today’s market rebound somewhat more successful, DOW +38 Overnight the Asian markets were mostly lower. Europe opened lower but closed +0.25%. US index futures were lower overnight, and at 8:30 Durable goods orders were reported lower: -3.6% vs … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
32 Comments
tuesday update
SHORT TERM: market tries to rebound, DOW -25 Overnight the Asian markets were mixed. Europe opened higher and closed +0.40%. US index futures were higher overnight as well. At 8:30 FED governor Duke’s speech was released: http://www.federalreserve.gov/newsevents/speech/duke20110524a.htm. The market opened … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
17 Comments
monday update
SHORT TERM: gap down opening to start week, DOW -131 Overnight the Asian markets were all lower. Europe opened lower and closed -1.95%. US index futures were lower overnight as well. At the open the market gapped down to SPX … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
33 Comments
weekend update
REVIEW Another choppy week that ends in the red for the third time this month. Economic reports were definitely on the negative side outnumbering positives by 9:2. On the positive side the weekly Jobless claims improved and the Monetary base … Continue reading
Posted in weekend update
Tagged business, economy, elliott wave, finance, investing, markets, OEW
44 Comments
friday update
SHORT TERM: volatile Options expiration, DOW -93 Overnight the Asian markets were mixed. Europe opened higher but closed -0.70%. US index futures were lower overnight and the market opened lower at SPX 1342. The SPX had closed at 1344 yesterday. … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
14 Comments
