Category Archives: Updates

monday update

SHORT TERM: techs tank, DOW +44 Overnight the Asian markets lost 1.0%. Europe opened lower and lost 0.1%. US index futures were sharply lower overnight, then recovered heading into the open. At 8:30 the NY FED was reported higher: 27.5 … Continue reading

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friday update

SHORT TERM: pullback resumes, DOW -61 Overnight the Asian markets lost 0.1%. Europe opened higher but lost 0.1%. US index futures were lower overnight. At 8:30 Retail sales were reported higher: +0.6% v o.o%, and Export (-0.3% v +0.3%)/Import (+0.1% v … Continue reading

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thursday update

SHORT TERM: gap down opening then rebound, DOW -20 Overnight the Asian markets gained 0.1%. Europe opened higher but lost 0.3%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported higher: 315k v 302k. The … Continue reading

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wednesday update

SHORT TERM: pullback then rally, DOW +55 Overnight the Asian markets lost 0.8%. Europe opened lower but finished mixed. US index futures were higher overnight, and the market opened two points above yesterday’s SPX 1988 close. In the opening minutes … Continue reading

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tuesday update

SHORT TERM: gap down opening, DOW -98 Overnight the Asian markets ended mixed. Europe opened lower and lost 0.4%. US index futures were lower overnight, and the market gapped down to SPX 1997 at the open. The SPX had closed … Continue reading

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monday update

SHORT TERM: pullback monday, DOW -26 Overnight the Asian markets gained 0.4%. Europe opened lower and lost 0.2%. US index futures were lower overnight, and the market opened three points below Friday’s SPX 2008 close. In the opening minutes the … Continue reading

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friday update

SHORT TERM: disappointing Payrolls report, DOW +68 Last night FED governor Powell gave a speech: http://www.federalreserve.gov/newsevents/speech/powell20140904a.htm. Overnight the Asian markets lost 0.2%. European markets opened lower and lost 0.1%. US index futures were quite volatile overnight. At 8:30 monthly Payrolls … Continue reading

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