Monthly Archives: September 2010

weekend update

REVIEW It was generally a good week all around for the stock market and the economy. FED chairman Bernanke even gave a speech after the close on friday: http://www.federalreserve.gov/newsevents/speech/bernanke20100924a.htm. Economic reports were mostly on the positive side: housing starts, building … Continue reading

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friday update

SHORT TERM: market gaps up to end week, DOW +198 Overnight the Asian markets were mixed. Europe opened lower but closed +1.40%. US index futres were higher overnight, and at 8:30 Durable goods orders were reported lower, but better than … Continue reading

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thursday update

SHORT TERM: pullback continues into second day, DOW -77 Overnight the Asian markets, those that were open, were mixed. Europe opened higher but closed -0.25%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported higher: … Continue reading

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wednesday update

SHORT TERM: pullback day after FOMC, DOW -22 Overnight the Asian markets were mixed. Europe opened higher but closed -0.65%. US index futures were lower overnight and the market opened slightly lower at SPX 1138. It had closed at SPX … Continue reading

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tuesday update

SHORT TERM: new uptrend highs after FOMC statement, DOW +7 Overnight the Asian markets were mixed. Europe opened lower and closed -0.40%. US index futures were relatively flat overnight, and at 8:30 both Housing starts (596K v 548K) and Building permits (569K … Continue reading

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