Monthly Archives: January 2010

weekend update

REVIEW Interesting week. Early in the week the market stabilized on much worse then expected home sales reports. Then started making lower lows after the ‘stay the course’ FOMC statement on wednesday, on thursday, and after the better than expected, … Continue reading

Posted in Uncategorized | 100 Comments

friday update

SHORT TERM: strong Q4 results but market declines, DOW -53 Overnight the Asian markets were mostly lower. Europe opened higher and closed +1.05%. US index futures were at first lower overnight and then turned higher. At around 8:20 the speech from … Continue reading

Posted in Uncategorized | 30 Comments

thursday update

SHORT TERM: FOMC statement volatility continues, DOW -116 Overnight all the Asian markets were higher. Europe opened higher but closed -1.60%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported slightly lower: 470K v 478K, and … Continue reading

Posted in Uncategorized | 100 Comments

wednesday update

SHORT TERM: FED stays the course, DOW +42 Overnight all of the Asian markets were lower. Europe opened lower and closed -0.80%. US index futures were choppy overnight, and at the open the SPX hit the OEW 1090 pivot. In … Continue reading

Posted in Uncategorized | 100 Comments

tuesday update

SHORT TERM: market starts lower rallies then, DOW -3 Overnight the Asian markets were mostly lower. Europe opened lower but closed +0.50%. US index futures were lower early overnight, but then started to recover. At 9:00 the Case-Shiller home price … Continue reading

Posted in Uncategorized | 100 Comments