Monthly Archives: December 2009

thursday update

SHORT TERM: Santa rally continues, DOW +54 Overnight all the Asian markets were higher. Europe opened higher and closed +0.60%. US index futures were slightly higher overnight, and at 8:30 the weekly Jobless claims were reported: 452K v 480K. The … Continue reading

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wednesday update

SHORT TERM: market uptrend continues to eke out new highs, DOW +2 Overnight the Asian markets were all higher. Europe opened higher and closed +0.50%. US index futures were higher overnight, and at 8:30 Personal income was reported: +0.4% v … Continue reading

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tuesday update

SHORT TERM: Q3 GDP revised lower but rally continues, DOW +51 Overnight the Asian markets were mostly higher. Europe opened higher and closed +0.45%. US index futures were higher overnight, and at 8:30 Q3 GDP was revised to +2.2% v … Continue reading

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monday update

SHORT TERM: USD rallies * market rallies(?), DOW +85 Overnight the Asian markets were mixed. Europe opened higher and closed +1.80%. US index futures were higher overnight while the USD was relatively flat. At the open the market gapped up to … Continue reading

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weekend update

REVIEW Interesting week. The FED had their regularly scheduled FOMC meeting and left the Fed Funds Rate unchanged at 0.0% to 0.25%. The meeting concluded exactly one year after these historic rates were set: Dec 16th 2008. The SPX reacted … Continue reading

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