Monthly Archives: August 2006

SHORT TERM: market pulls back to support in the SPX/NDX before turning higher. After a quiet open the market rallied into the 10:00 release of consumer confidence. After it was announced to be much lower than expected the market gradually pulled … Continue reading →

SHORT TERM: small pullback this morning as mini wave i completed yesterday. Overnight the Asian markets were all solidly higher, and Europe even came in about 0.25% higher. Our indices opened on a quiet note and then began to rally … Continue reading →

SHORT TERM: good start to a busy week. The market opened on a quiet note but started to advance shortly thereafter. It wasn’t until 2:00 that the high was put in for the day, then the market pulled back some … Continue reading →

The SPX has already exceeded fridays highs, and made just new highs for the uptrend. Waiting for the NDX to catch up, it’s about 1% below its highs. 

SHORT TERM: market rallying ahead of the slew of economic data this week. Overnight the Asian markets were mixed again, and Europe also came in about flat. Our stock indices opened quietly, but soon starting heading higher. Google of some … Continue reading →