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Monthly Archives: April 2010
friday update
SHORT TERM: market ends volatile week on the downside, DOW -159 Overnight all the Asian markets were higher. Europe opened higher but closed -0.65%. US index futures were higher overnight and at 8:30 preliminary Q1 GDP was reported +3.2% v +5.6%. … Continue reading
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23 Comments
thursday update
SHORT TERM: rebound continues, DOW +122 Overnight the Asian markets were mostly lower. Europe opened higher and closed +0.80%. US index futures were higher overnight and at 8:30 weekly Jobless claims were reported improving: 448K v 459K. After the close … Continue reading
Posted in Uncategorized
100 Comments
wednesday update
SHORT TERM: market rebounds after short term oversold condition, DOW +53 Overnight all the Asian markets were lower. Europe opened lower and closed -0.75%. US index futures were higher overnight and the market opened higher trading up to SPX 1191 … Continue reading
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100 Comments
tuesday update
SHORT TERM: largest uptrend pullback underway, DOW -213 Overnight the Asian markets were mostly lower. Europe opened lower and closed -2.70%. US index futures were lower overnight, and at 9:00 the Case-Shiller index reported housing prices higher: +0.6% v -0.7%. … Continue reading
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98 Comments
monday update
SHORT TERM: quite a mixed market today, DOW +1 Overnight the Asian markets were mostly higher. Europe opened higher and closed +0.85%. US index futures were also higher overnight but the market opened flat at SPX 1217. Within the first … Continue reading
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100 Comments
weekend update
REVIEW New bull market highs in all four major US indices this week. Economic reports for the week were sparse but mostly positive. Leading indicators rose, along with the PPI and exisiting/new home sales. The weekly jobless claims improved, but … Continue reading
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92 Comments
friday update
SHORT TERM: SPX reaches minimum uptrend target, DOW +70 Overnight the Asian markets were mostly lower. Europe opened higher and closed +1.25%. US index futures were higher overnight and at 8:30 Durable goods orders were reported lower: -1.3% v +1.1%. … Continue reading
Posted in Uncategorized
11 Comments