Category Archives: Updates

thursday update

SHORT TERM: new all time highs, DOW +60 Overnight Asian markets gained 0.1%. Europe opened higher and gained 0.8%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported lower: 298k v 311k. The market opened … Continue reading

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wednesday update

SHORT TERM: pullbacks but rally continues, DOW +60 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 0.3%. US index futures were lower overnight, and the market opened at SPX 1979. The SPX had closed at 1982 yesterday. … Continue reading

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tuesday update

SHORT TERM: rally continues, DOW +81 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.7%. US index futures were higher overnight as well. At 8:30 the CPI (+0.1% v +0.3%, Housing starts (1093k v 893k) and Building permits … Continue reading

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monday update

SHORT TERM: gap up and go, DOW +176 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 1.3%. US index futures were higher overnight, and the market gapped up at the open to SPX 1965. The market had … Continue reading

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friday update

SHORT TERM: volatile OPEX, DOW -51 Overnight the Asian markets gained 0.4%. Europe opened higher but lost 0.7%. US index futures were higher overnight. At 8:30 the PPI was reported higher: +0.1% v +0.4%, and the NY FED was reported … Continue reading

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thursday update

SHORT TERM: market drifts higher, DOW +62 Overnight the Asian markets gained 0.3%. Europe opened lower but gained 0.3%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported higher: 311k v 289k, and Export (+0.3% v … Continue reading

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wednesday update

SHORT TERM: gap up opening, DOW +91 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 1.0%. US index futures were higher overnight, but at 8:30 Retail sales were reported flat: 0.0% v +0.2%. The market gapped up … Continue reading

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tuesday update

SHORT TERM: pullback continues, DOW -9 Overnight the Asian markets gained 0.6%. European market, however, opened lower and lost 0.7%. The US index futures were higher overnight, but lost ground heading into the open. At the open the SPX was … Continue reading

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monday update

SHORT TERM: gap up and pullback, DOW +16 Overnight FED vice chair Fischer gave a speech: http://www.federalreserve.gov/newsevents/speech/fischer20140811a.htm. Asian markets gained 1.5%. Europe opened higher and gained 1.4%. US index futures were higher overnight, and the market gapped up at the … Continue reading

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friday update

SHORT TERM: volatile two days, DOW +186 Overnight the Asian markets lost 1.4%. Europe opened much lower but recovered to lose 0.4%. US index futures were sharply lower overnight (SPX 1895 equivalent) but turned positive heading into the open. The market … Continue reading

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