Monthly Archives: March 2009

thursday update

SHORT TERM: market makes new rally highs in choppy session, DOW +175 Overnight the Asian markets were all higher. Europe opened lower but closed +0.75%. US index futures were higher overnight and at 8:30 the weekly Jobless claims were reported: … Continue reading

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wednesday update

SHORT TERM: rally resumes after roller coaster day, DOW +90 Overnight the Asian markets, which are now all in uptrends, were mixed. Europe opened lower but closed mixed as well. US index futures bounced above and below neutral for most of the night. … Continue reading

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tuesday update

SHORT TERM: market pulls back after yesterday’s gains, DOW -116 Overnight all of the Asian markets were higher. Europe opened higher but closed mixed. After yesterday’s close the FED/Treasury released the following announcement: http://www.federalreserve.gov/newsevents/press/monetary/20090323b.htm. US index futures were lower overnight and just before … Continue reading

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monday update

SHORT TERM: market surges on bank bailout plan 4.0, DOW +497 Overnight the Asian markets were all higher on rumors of the US Treasury bailout plan. Europe opened higher and closed +2.75%. US index futures were higher overnight and continued … Continue reading

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weekend update

REVIEW On wednesday the FED rattled the markets with their announcement of a plan to monetize $1.25 trln in debt. Stocks, Bonds, Crude and Gold soared, while the USD sold off. On thursday and friday the markets stabilized. In the past twelve … Continue reading

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