Category Archives: weekend update

REVIEW For the past three weeks the stock market has made new all time highs. In fact, the SPX has now risen exactly 1,000 points from the Mar09 667 low in 50 months. That is a flat 3% per month, … Continue reading →

REVIEW It was another week of all time record highs on Wall Street. The SPX hit 1635, nearly 1,000 points off the March 2009 low. And, the DOW closed over 15,000 for the first time in its 117 year history. … Continue reading →

REVIEW The SPX/DOW crossed two milestones on Friday: SPX 1600 and DOW 15,000. That is exactly what kind of uptrend this has been: relentless. For the week the SPX/DOW gained 1.90%, and the NDX/NAZ gained 3.35%. Asian markets gained 0.3%, … Continue reading →

REVIEW Markets worldwide turned back all the fundamental negativity this week and staged a fairly good rally. The US stock market approached new highs again, fell short, but still gained on the week. The SPX/DOW were +1.40%, and the NDX/NAZ … Continue reading →

REVIEW The US market started the week on a down note, suggesting the much awaited Intermediate wave iv correction is underway. For the week the SPX/DOW were -2.1% and the NDX/NAZ were -2.7%. Asian markets gained 0.5%, European markets lost … Continue reading →

REVIEW The five month Intermediate iii of Major 3 of Primary III uptrend continued its relentless ways this week, carrying the SPX to all time new highs. For the week the SPX/DOW were +2.20%, and the NDX/NAZ were +2.95%. Asian markets … Continue reading →

REVIEW An interesting week to say the least. Despite making new uptrend highs at SPX 1574 on Tuesday, then plunging to 1540 by Friday, many pundits are still guessing the direction of this market medium term. For the week the … Continue reading →

REVIEW The beat goes on. While foreign markets have bounced around between uptrends and downtrends the past several weeks the US market has remained in a steady uptrend since November. In fact, not only has the DOW made new all time … Continue reading →

REVIEW Quite a choppy week in the US markets after four gaps openings. We had to go back to the end of June 2012 to find a similar week of indecision. That one ended with the indices eventually moving higher. For … Continue reading →

REVIEW Another week another bull market high, and the entire range for the week was only about 1%: (SPX 1547-1564). For the week the SPX/DOW gained 0.7%, but the NDX/NAZ were mixed. Asian markets lost 0.7%, European market gained 0.3%, … Continue reading →