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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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

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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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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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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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