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Monthly Archives: February 2011
monday update
SHORT TERM: early market rally ends near highs, DOW +96 Overnight the Asian markets were mostly higher. Europe opened lower but closed mixed. US index futures started lower overnight but turned positive heading into today’s trading. At 8:30 Personal income … Continue reading
weekend update
REVIEW This week markets, worldwide, took their biggest hit since the second week in November on civil unrest in Libya and a spike in Crude oil prices. WTIC started the week at $88.80/bbl and spiked, in three days, up to … Continue reading
Posted in weekend update
Tagged business, economy, elliott wave, finance, investing, markets, OEW, thoughts, updates
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friday update
SHORT TERM: market rebounds, DOW +62 Overnight the Asian markets were all higher. Europe opened higher and closed +1.05%. US index futures were higher overnight as well. At 8:30 Q4 GDP was lowered to +2.8% vs 3.2%. Nevertheless, the market … Continue reading
thursday update
SHORT TERM: pullback makes new lows, DOW -37 Overnight the Asian markets were again mostly lower. Europe opened lower and closed -0.50%. US index futures were lower overnight, but improved after Crude pulled back from a spike high over $103/bbl. … Continue reading
wednesday update
SHORT TERM: pullback extends, DOW -107 Overnight the Asian markets were mostly lower. Europe opened lower and closed -1.45%. US index futures were higher overnight, but the market opened slightly lower at SPX 1314. It had closed at SPX 1315 … Continue reading
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