Monthly Archives: June 2010

SHORT TERM: market decline continues, DOW -97 Overnight the Asian markets were mostly lower. Europe opened higher, however, and closed +0.15%. US index futures were mixed overnight, and at 8:15 the ADP employment index displayed less net monthly jobs created: … Continue reading →

SHORT TERM: foreign markets roll over, DOW -268 Overnight the Asian markets were all lower. Europe opened lower and closed -3.20%. US index futures were lower overnight, and at 9:00 Case-Shiller reported a rise in housing prices: +3.8% v +2.4%. The … Continue reading →

SHORT TERM: market consolidates above friday’s lows, DOW -5 Overnight the Asian markets were mixed. Europe opened higher and closed +0.95%. US index futures were relatively flat overnight. At 8:30 Personal income was reported positive: +0.4% v +0.5%, Personal spending … Continue reading →

REVIEW This is, has been, and continues to be, an interesting market. When the market seemed like it was ready to drop into a black hole in March 2009, it bottoms and rallies over 80% in 13 months. Then when … Continue reading →

SHORT TERM: market consolidates after rough week, DOW -8 Overnight all of the Asian markets were lower. Europe opened higher but closed -0.90%. US index futures were relatively flat overnight, and at 8:30 the final revision to Q1 GDP was … Continue reading →