Monthly Archives: November 2010

friday update

SHORT TERM: gap down opening, DOW -95 Overnight the Asian markets were mostly lower. Europe opened lower and closed -0.50%. US index futures were lower overnight and the market gapped down at the open to SPX 1190. The SPX had … Continue reading

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holiday update

SHORT TERM: index futures drift higher, YM (DOW) +31 Overnight the Asian markets were mostly higher. Europe open higher and closed +0.90%. US index futures were higher in holiday trading: ES (SPX) +3.50 and NQ (NDX) +3.50. Bonds gained 2 … Continue reading

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wednesday update

SHORT TERM: overnight buying fuels market rally, DOW +151 Overnight the Asian markets were mixed. Europe opened higher and closed +1.55%. US index futures were higher overnight as well. This was quite the inverse of yesterday’s activity. At 8:30 Personal … Continue reading

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tuesday update

SHORT TERM: market pullback on overnight selling, DOW -142 Overnight the Asian markets were mostly lower. Europe opened lower and closed -1.75%. US index futures were lower overnight. At 8:30 Q3 GDP was reported higher: +2.5% vs +2.0%. The market, … Continue reading

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monday update

SHORT TERM: bank sector weakness unsettles market, DOW -25 Overnight the Asian markets were mixed. Europe opened higher but closed -0.60%. US index futures were higher overnight, and then lower in european trading. At the open the market gapped down … Continue reading

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