Monthly Archives: November 2009

tuesday update

SHORT TERM: market recovers from early selling, DOW -17 Overnight all of the Asian markets were lower. Europe opened lower and closed -0.55%. US index futures traded higher overnight, and at 8:30 the first revision to Q3 GDP came in … Continue reading

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monday update

SHORT TERM: sunday night USD selling leads to another stock market gap up, DOW +133 Overnight all the Asian markets were higher. Europe opened higher and closed +2.05%. US index futures were higher overnight, and the market gapped up at … Continue reading

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weekend update

REVIEW The markets rallied on monday, after another sunday night of USD selling. Then turned flat to lower as the week unfolded. On the economic front, the Philly FED turned higher, along with capacity utilization, retail sales improved but ex-autos … Continue reading

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friday update

SHORT TERM: market dips below yesterday’s low then rallies, DOW -14 After the close Bloomberg reported the following: http://www.bloomberg.com/apps/news?pid=20601068&sid=aCzFIW4QXPEE. Overnight the Asian markets were mostly lower. Europe opened higher, but closed -0.50%. US index futures were lower overnight, and the … Continue reading

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thursday update

SHORT TERM: USD rally leads to early selloff, DOW -94 After yesterday’s close the FED issued the following bulletin: http://www.federalreserve.gov/pubs/bulletin/2009/default.htm. Overnight the Asian markets were mixed. Europe opened lower and closed -1.45%. US index futures were lower overnight, and at … Continue reading

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