Monthly Archives: June 2010

SHORT TERM: pullback from monday’s high continues, DOW -146 Overnight most of the Asian markets were lower. Europe opened higher but closed -1.50%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported lower: 457K v … Continue reading →

SHORT TERM: volatility continues, DOW +5 Overnight the Asian markets were mixed. Europe opened lower and closed -1.15%. US index futures were higher overnight but the market opened about unchanged: SPX 1096 vs. SPX 1095 close yesterday. Within the first … Continue reading →

SHORT TERM: pullback continues as OEW 1107 breaks, DOW -149 Overnight the Asian markets were mostly lower. Europe opened lower and closed -0.70%. US index futures were generally flat overnight and the market opened up one point from yesterday’s SPX … Continue reading →

SHORT TERM: market rally hits OEW 1036 pivot then fades, DOW -8 Overnight China eased it Yuan/USD peg currency policy. Asian markets were all sharply higher. Europe opened higher and closed +1.05%. US index futures were sharply higher overnight and the … Continue reading →

REVIEW Another mixed performance for the economic reports, but a good week for equities. This week monthly import/export prices continued to be reported higher, but the PPI/CPI remained negative? In manufacturing, Industrial production rose along with the Empire index, but the Philly FED … Continue reading →