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Monthly Archives: February 2011
tuesday update
SHORT TERM: significant pullback starts the week, DOW -178 Overnight Asian markets were all lower. Europe opened lower and closed -0.15%. US index futures lost ground during monday’s holiday session and stayed lower into today’s open. At 9:00 Case-Shiller reported housing prices were: … Continue reading
holiday update
SHORT TERM: many assets moving quickly overnight, YM (DOW) -73 Overnight the Asian markets were mixed. Europe opened lower and closed -1.25%. US index futures were lower overnight, and then in the last two hours of holiday trading dropped even further. For … Continue reading
weekend update
REVIEW For the eleventh week in a row the SPX made new bull market highs this week. Statistically that is quite a run as this seven month uptrend continues to extend. Economic reports were plentiful and positive. Thirteen were positive … 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: a quiet options expiration, DOW +73 Overnight the Asian markets were mixed. Europe opened higher but closed mixed for the second day in a row. US index futures were higher overnight, and at 8:00 FED chairman Bernanke’s France … Continue reading
thursday update
SHORT TERM: another day another new high, DOW +30 Overnight the Asian markets were all higher. Europe opened higher but closed mixed. US index futures were generally flat overnight, and at 8:30 weekly Jobless claims were reported higher: 410K vs … Continue reading
