Monthly Archives: February 2010

REVIEW US markets end the week in the red, but the month in the black. Lots of FED testimony this week, which were mostly cautiously positive. Economic reports showed some gains in durable goods/Chicago PMI and Q4 GDP was revised a bit … Continue reading →

SHORT TERM: market continues to edge higher to end month, DOW +4 Overnight most of the Asian markets were higher. Europe opened higher and closed +1.35%. US index futures were relatively flat overnight, and today’s Congressional testimony by FED governor … Continue reading →

SHORT TERM: gap down opening retests 1090 pivot again, DOW -53 Overnight most of the Asian markets were lower. Europe opened lower and closed -1.35%. US index futures were lower overnight. At 8:30 Durable goods orders were reportedly higher: +3.0% … Continue reading →

SHORT TERM: market rallies after holding 1090 pivot, DOW +92 Overnight most of the Asian markets were lower. Europe opened higher and closed +0.35%. US index futures were lower overnight, but moved higher into the open as the SPX opened … Continue reading →

SHORT TERM: market retests 1090 pivot on pullback, DOW -101 Overnight the Asian markets were mixed. Europe opened higher but closed -1.10%. US index futures were flat to lower overnight. At 9:00 Case-Shiller reported home prices continued to decline: -0.2% v -0.2%. … Continue reading →