Tag Archives: OEW

thursday update

SHORT TERM: gap up opening to new high, DOW +109 Overnight the Asian markets gained 0.7%. Europe opened higher and gained 0.8%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported lower: 280k v 315k, Housing … Continue reading

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wednesday update

SHORT TERM: rally continues, DOW +25 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.3%. US index futures were higher overnight. At 8:30 the CPI was reported lower: -0.2% v +0.1%. The market opened unchanged at SPX … Continue reading

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tuesday update

SHORT TERM: gap down then big rally, DOW +101 Overnight the Asian markets lost 0.8%. Europe opened lower and lost 0.3%. US index futures were lower overnight, and at 8:30 the PPI was reported unchanged: 0.0% v +0.1%. The market … Continue reading

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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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weekend update

REVIEW After closing within three points of the all time high last week, the market went into a choppy pullback mode this week. For the week the SPX/DOW were -1.0%, the NDX/NAZ were -0.4%, and the DJ World index was -1.4%. … 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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