Category Archives: Updates

thursday update

SHORT TERM: drift higher continues, DOW -3 Overnight the Asian markets gained 0.3%. Europe opened lower but gained 0.5%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported the lowest in 8 years: 284k v … Continue reading

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wednesday update

SHORT TERM: rally continues, DOW -27 Overnight the Asian markets gained 0.4%. European markets opened lower but gained 0.1%. US index futures were higher overnight, and the market opened three points above yesterday’s SPX 1984 close. In the opening minutes … Continue reading

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tuesday update

SHORT TERM: gap up opening, DOW +62 Overnight the Asian markets gained 1.2%. Europe opened higher and gained 1.3%. US index futures were higher overnight. At 8:30 the CPI was reported higher: +0.3% v +0.4%, then at 9am the FHFA … Continue reading

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monday update

SHORT TERM: gap down opening then recovery, DOW -48 Overnight the Asian markets ended mixed. Europe opened lower and lost 0.7%. US index futures were lower overnight, and the market gapped down to SPX 1972 at the open. The SPX … Continue reading

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friday update

SHORT TERM: gap up opening rebound, DOW +123 Overnight the Asian markets lost 0.3%. European markets opened lower, but closed +0.1%. US index futures made lower lows, but then rallied higher overnight. The market gapped up at the open to … Continue reading

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thursday update

SHORT TERM: gap down opening and volatile day, DOW -161 Overnight the Asian markets finished mixed. Europe opened lower and lost 1.0%. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported lower: 302k v 304k, Housing … Continue reading

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wednesday update

SHORT TERM: another gap up opening, DOW +78 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 1.3%. US index futures followed Europe and were higher overnight. At 8:30 the PPI was reported higher: +0.4% v -0.2%, then … Continue reading

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tuesday update

SHORT TERM: higher open then pullback, DOW +5 Overnight the Asian markets gained 0.7%. Europe opened lower and lost 0.7%. US index futures were higher overnight. At 8:30 Retails sales were reported higher: +0.2% v +0.3%, Export (-0.3% v +0.1%)/Import (-0.1% … Continue reading

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monday update

SHORT TERM: gap up opening, DOW +112 Overnight the Asian markets gained 0.4%. Europe opened higher and rebounded 0.9%. US index futures were higher overnight, and the market gapped up at the open to SPX 1977. The market had ended … Continue reading

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friday update

SHORT TERM: quiet ending to a gapped filled week, DOW +29 Yesterday FED vice chair Fischer gave his first speech: . Overnight Asian markets lost 0.6%. European markets opened higher and gained 0.3%. US index futures were higher overnight, but the … Continue reading

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