Monthly Archives: September 2009

friday update

SHORT TERM: pullback continues but stabilizes, DOW -42 Overnight most of the Asian markets were lower. Europe opened higher, but closed mixed. US index futures were higher overnight and at 8:30 Durable goods orders were reported at -2.4% v +4.8%. … Continue reading

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thursday update

SHORT TERM: drop in Existing home sales leads market lower, DOW -41 Overnight the Asian markets were mixed. Europe opened lower and closed -1.45% in broadbased selling. US index futures were lower overnight and at 8:30 the weekly Jobless claims were … Continue reading

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wednesday update

SHORT TERM: FED to continue to monetize debt, DOW -81 Overnight the Asian markets were mostly lower. Europe opened higher but closed -0.10%. US index futures were flat overnight, and at the open stocks opened at yesterday’s close SPX 1072, traded … Continue reading

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tuesday update

SHORT TERM: rally resumes as FOMC meeting begins, DOW +51 Overnight the Asian markets were mixed again. Europe opened higher and closed +0.45%. US index futures were higher overnight and the market opened higher, hitting SPX 1071 within the first few … Continue reading

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monday update

SHORT TERM: market ends mixed after early selling pressure, DOW -41 Overnight the Asian markets were mixed. Europe opened higher but closed -0.60%. US index futures were lower overnight and at the open the market dipped to SPX 1063. It had … Continue reading

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