Monthly Archives: November 2006

tuesday morning

SHORT TERM: stocks gap slightly lower at the open. Overnight the Asian markets were all lower, and Europe came in about 0.40% lower as well. At 8:30, the Durable goods orders were reported for OCT. They came in much lower … Continue reading

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monday update

SHORT TERM: Thanksgiving does appear to have been the pivotal day for the uptrend. Stocks gapped lower at the opening this morning, as selling in Europe triggered some selling in our premarket. After an attempt to rally, that lasted about 15 minutes, … Continue reading

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monday morning

SHORT TERM: swift break within the first hour of trading today. Overnight the Asian markets were mostly higher, with the exception China’s SEC: which was down 4 points. Europe came in sharply lower, the DAX down over 1%. Overnight selling … Continue reading

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weekend update

REVIEW: a quiet week. The market opened a bit lower in the first hour of trading on monday, and that’s about where it closed on friday. Between those two points in time, all the major indices: SPX/DOW/NDX/NAZ, posted either new bull market … Continue reading

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friday update

SHORT TERM: a lower close to end out the holiday week Stocks started the day with a gap down, as a sharp rise in the Euro created European selling pressure in the stock index futures. Our market quickly recovered, rallying … Continue reading

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