Category Archives: Updates

friday update

SHORT TERM: gap up and go, DOW +263 Overnight the Asian markets lost 0.2%. Europe opened higher and gained a huge 2.6%. US index futures were much higher overnight. At 8:30 Housing starts were reported higher: 1017k v 956k, Building … Continue reading

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thursday’s update

SHORT TERM: gap down opening then rebound, DOW -25 Overnight the Asian markets lost 1.5%. Europe opened higher and gained 0.2%. US index futures were sharply lower overnight. At 8:30 weekly Jobless claims were lower: 264k v 287k, and at 9:15 … Continue reading

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wednesday update

SHORT TERM: gap down opening then volatility, DOW -173 Overnight the Asian markets actually gained 0.4%. Europe opened lower and lost 3.1%. US index futures were sharply lower overnight. At 8:30 Retail sales were reported lower: -0.3% v +0.6%, the … Continue reading

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tuesday update

SHORT TERM: gap up opening, DOW -6 Overnight the Asian markets lost 1.0%. Europe opened lower but gained 0.2%. US index futures were higher overnight, and the market gapped up to SPX 1883 at the open. The SPX had closed … Continue reading

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monday update

SHORT TERM: correction continues, DOW -223 Overnight the Asian markets gained 0.2%. Europe opened lower but gained 0.2% as well. US index futures were much lower overnight, but recovered as Europe rallied. The market opened three points below Friday’s SPX … Continue reading

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friday update

SHORT TERM: correction makes lower lows, DOW -115 Overnight the Asian markets lost 1.5%. Europe opened lower and lost 1.7%. US index futures were lower overnight, and at 8:30 Export (-0.2% v -0.3%)/Import prices (-0.1% v 0.0%) were reported lower. … Continue reading

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thursday update

SHORT TERM: waterfall Thursday, DOW -335 Overnight the Asian markets gained 0.6%. Europe opened higher but lost 0.4%. US index futures were higher, then lower overnight, and at 8:30 weekly Jobless claims were reported unchanged at 287K. The market opened … Continue reading

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