Monthly Archives: June 2009

wednesday update

SHORT TERM: market ends mixed after a volatile day, DOW -23 Overnight the Asian markets were all higher. Europe opened higher and closed +1.95%. US index futures were higher overnight and spiked higher after Durable goods orders were reported +1.8% … Continue reading

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tuesday update

SHORT TERM: market stabilizes on USD weakness, DOW -16 Overnight the Asian markets were all lower. Europe opened lower but closed mixed. US index futures were higher overnight and the market opened a few points higher at SPX 895. Within … Continue reading

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monday update

SHORT TERM: selling resumes as market declines, DOW -201 Overnight the Asian markets were mostly higher. Europe opened lower and closed -2.8%. US index futures were lower overnight and continued lower heading into the open. When trading started the SPX … Continue reading

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weekend update

REVIEW This week economic reports remained mixed. Housing starts rose but the home builders index declined. The PPI and CPI both remained positive and edged 0.1% higher. The Empire manufacturing index dropped, but the Philly FED rose. Industrial production continued to … Continue reading

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friday update

SHORT TERM: market closes mixed after early gains, DOW -16 Overnight the Asian markets were all higher. Europe opened higher and closed +0.80%. US index futures were higher overnight and the SPX gapped up slightly to 923 at the open. It … Continue reading

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