Monthly Archives: November 2007

SHORT TERM: market gaps up at the open on strong buying in financials, DOW +180 Overnight the Asian markets were mostly lower, despite yesterday’s rally in the US. The only exception was Hong Kong’s HSI. Europe, however, came in a … Continue reading →

SHORT TERM: market gains in a volatile session, DOW +215 The market opened higher this morning on overnight buying hitting 1420. But was quickly sold off by the fade the gap up traders, and moved to about unchanged on the … Continue reading →

SHORT TERM: market opens higher on overnight buying, DOW +70 Overnight the Asian markets were mostly lower with only Japan’s NIKK posting a gain. Europe came in down 1.25% as well, but stock index futures maintained most of their overnight … Continue reading →

SHORT TERM: post-holiday rally fails, downtrend continues, DOW -237 The market open slightly lower this morning, then rallied to the high of the day at SPX 1446 by 10:00. A selloff followed to 1430 by 11:00, then the market rallied for a … Continue reading →

SHORT TERM: stocks open lower but rally, DOW +25 Overnight the Asian markets were mostly higher with only China’s SSEC displaying a loss. Europe started its day higher, but turned about 0.30% lower as the US markets opened. As a … Continue reading →