Category Archives: Updates

friday update

SHORT TERM: rally continues, DOW +128 Overnight the Asian markets gained 0.6%. Europe opened lower and lost 0.6%. US index futures were lower overnight, but rebounded, as the market opened two points above yesterday’s SPX 1951 close. In the opening … Continue reading

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thursday update

SHORT TERM: another gap up and go, DOW +217 Overnight the Asian markets finished mixed. Europe opened lower but gained 0.9%. US index futures were much higher overnight. At 8:30 weekly Jobless claims were reported higher: 283k v 264k, at … Continue reading

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wednesday update

SHORT TERM: higher open then pullback, DOW -153 Overnight the Asian markets gained 1.6%. Europe opened lower but gained 0.5%. US index futures were lower, then higher overnight, and at 8:30 the CPI was reported higher: +0.1% v 0.0%. The … Continue reading

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tuesday update

SHORT TERM: gap up and go rally, DOW +215 Overnight Asian markets lost 0.4%. Europe opened lower but rallied 2.0%. US index futures were higher overnight, and the market gapped up at the open to SPX 1916. The SPX had … Continue reading

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monday update

SHORT TERM: rally continues, DOW +19 Overnight the Asian markets gained 1.8%, mostly Japan. Europe opened lower and lost 1.0%. US index futures were higher, and then lower, overnight. The market opened one point below Friday’s SPX 1887 close, dipped … Continue reading

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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 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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