Monthly Archives: June 2011

SHORT TERM: market pulls back again, DOW -115 Overnight the Asian markets were all higher. Europe opened higher but closed mixed. US index futures were higher overnight as well. At 8:30 Q1 GDP was revised higher: +1.9% vs +1.8%, and … Continue reading →

SHORT TERM: another gap down day, DOW -59 Overnight the Asian markets were mixed. Europe opened lower and closed -1.75%. US index futures were lower overnight as well. At 8:30 the weekly Jobless claims came in higher: 429K vs 414K. … Continue reading →

SHORT TERM: market gaps down, consolidates, then DOW -80 Overnight the Asian markets were mostly higher. Europe opened lower and closed -0.05%. US index futures were lower overnight and the market gapped down at the open to SPX 1290. The … Continue reading →

SHORT TERM: market rallies strongly, DOW +110 Overnight the Asian markets were all higher. This is the first time this has occurred all month. Europe opened higher and closed +1.65%. US index futures were higher overnight as well. The market gapped up … Continue reading →

SHORT TERM: market rebounds after several divergences, DOW +76 Overnight the Asian markets were mostly lower. Europe opened lower and closed -0.30%. US index futures were lower overnight, and the market opened lower at SPX 1268. The SPX had closed … Continue reading →