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Monthly Archives: December 2010
REVIEW It was a productive albeit quiet week of trading in the US. The market made a new bull market high in the opening minutes of trading on monday, made higher highs over the next two days, and closed out the … Continue reading
SHORT TERM: US markets were closed. Overnight Asian markets were mostly lower. Europe open higher and closed +0.20%. In Forex trading Bonds did not trade, Crude lost 10 cents, Gold gained $5.00, and the USD was flat. Happy holidays everyone!
SHORT TERM: Holiday week ends quietly, DOW +14 Overnight the Asian markets were mostly lower. Europe opened higher but closed mixed. US index futures were slightly lower overnight. At 8:30 the weekly Jobless claims came in flat: 420K vs 420K, … Continue reading
SHORT TERM: Q3 notches higher, DOW +26 Overnight the Asian markets were mixed. Europe opened lower, but closed mixed. US index futures were relatively flat overnight, and at 8:30 Q3 GDP was reported higher: +2.6% vs +2.5%. The market did … Continue reading
SHORT TERM: new uptrend high, DOW +55 Overnight all the Asian markets were higher. Europe opened higher and closed +0.95%. US index futures traded higher overnight as well. At 9:00 the FED issued the following: http://www.federalreserve.gov/newsevents/press/monetary/20101221a.htm. The market opened at SPX … Continue reading