Monthly Archives: March 2010

SHORT TERM: market weakens early and late, DOW -51 Overnight all the Asian markets were lower. Europe opened higher and closed +0.15%. US index futures were lower overnight, and that 8:15 the ADP employment index was still negative: -23K v … Continue reading →

SHORT TERM: another trading range day, DOW +12 Overnight the Asian markets were again mostly higher. Europe opened higher but closed -0.45%. US index futures were moderately higher overnight and at 9:00 Case-Shiller reported housing prices continue to slide: -0.7% … Continue reading →

SHORT TERM: SPX climbs over 1168 pivot again, DOW +46 Overnight most of the Asian markets were higher. Europe opened higher and closed +0.40%. US index futures were also higher overnight. At 8:30 Personal income was reported flat: +0.0% v +0.3%, Personal … Continue reading →

REVIEW On a week to week basis this one looks much the same as last week. Despite another 1% gain in the USD the US stock market was higher again, Asian and European markets were also higher, and the Commodity equity … Continue reading →

SHORT TERM: rally remains under pressure, DOW +9 Overnight all the Asian markets were higher. Europe opened lower and closed -0.20%. US index futures were higher overnight and at 8:30 Q4 GDP was revised lower: +5.6% v +5.9%. The market … Continue reading →