Tag Archives: markets

tuesday update

SHORT TERM: choppy pullback day, DOW -70 Overnight the Asian markets gained 0.8%. European markets opened higher and gained 0.5%. US index futures were higher overnight, and at 9am Case-Shiller was reported lower: +9.3% v +10.8%. The market opened three … Continue reading

Posted in Updates | Tagged , , , | 12 Comments

monday update

SHORT TERM: lower open then rally, DOW +22 Overnight the Asian markets gained 0.3%. European markets opened higher, but lost 0.1%. US index futures were lower overnight, and the market opened one point below Friday’s SPX 1978 close. In the … Continue reading

Posted in Updates | Tagged , , , | 63 Comments

weekend update

REVIEW Exciting week? Not quite. The market started the week at SPX 1978, dropped 12 points below that on Monday, rallied to 13 points above that by Thursday, then ended the week where it started: SPX 1978. For the week … Continue reading

Posted in weekend update | Tagged , , , | 109 Comments

friday update

SHORT TERM: gap down opening, DOW -123 Overnight the Asian markets gained 0.3%. Europe opened lower and lost 1.1%. US index futures were lower overnight, and at 8:30 Durable goods orders were reported higher: +0.7% v -0.9%. The market gapped … Continue reading

Posted in Updates | Tagged , , , | 15 Comments

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

Posted in Updates | Tagged , , , | 79 Comments

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

Posted in Updates | Tagged , , , | 66 Comments

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

Posted in Updates | Tagged , , , | 66 Comments

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

Posted in Updates | Tagged , , , | 100 Comments

weekend update

REVIEW Last week we had four gap openings, three to the downside, and the market traded to SPX 1953 on Thursday before ending the week at 1968. This week we had four gap openings again, three to the upside, and … Continue reading

Posted in weekend update | Tagged , , , | 121 Comments

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

Posted in Updates | Tagged , , , | 56 Comments