Monthly Archives: February 2012

SHORT TERM: new high then pullback, DOW -53 Overnight the Asian markets were mostly higher: +0.4%. European markets opened lower, rallied after LTRO 2 tranche 2 was announced at $530 bln Euros, then closed lower: -0.5%. US index futures were … Continue reading →

SHORT TERM: investors await LTRO 2 results, DOW +24 Overnight the Asian markets were higher: gaining 1.4%. Europe opened higher and gained 0.4%. US index futures were also higher overnight. At 8:15 FED governor Duke’s testimony: http://www.federalreserve.gov/newsevents/testimony/duke20120228a.htm. At 8:30 Durable goods … Continue reading →

SHORT TERM: interesting day, DOW -1 Overnight the Asian markets were all lower: losing 1.2%. European markets opened lower and lost 0.4%. US index futures were lower overnight as well, and the market gapped down at the open to SPX … Continue reading →

SHORT TERM: new (last?) uptrend high, DOW -2 Overnight the Asian markets were mixed and gained 0.1%. European markets opened higher, but turned mixed gaining 0.4%. US index futures were higher overnight, and the market opened at SPX 1366. The … Continue reading →

SHORT TERM: pullback then rally, DOW +46 Overnight the Asian markets were mostly lower, losing 0.3%. European markets opened higher, but closed -0.1%. US index futures were slightly lower overnight. At 8:30 weekly Jobless claims were reported slightly higher: 351K … Continue reading →

SHORT TERM: consolidation day, DOW -27 Overnight the Asian markets were mostly higher, gaining 0.4%. European markets opened higher but closed lower, losing 0.5%. US index futures were lower overnight, and the market opened two points below yesterday’s SPX 1362 … Continue reading →

SHORT TERM: another uptrend high, DOW +16 Overnight the Asian markets were mixed, gaining 0.2%. European markets opened lower and ended lower, losing 0.3%. US index futures gave back some of the holiday gains but were still higher heading into … Continue reading →

SHORT TERM: US markets closed, DOW (YM) +72 Overnight the Asian markets were higher, gaining 0.7%. European markets opened higher and gained 0.9%. US index futures gained in holiday trading: SPX (ES) +6.75 and the NDX (NQ) +10.5. Bonds lost 14 … Continue reading →