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Monthly Archives: August 2011
thursday update
SHORT TERM: market pulls back ahead of Bernanke, DOW -171 Overnight the Asian markets were mostly higher. Europe opened higher but closed -1.60%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported higher: 417K vs … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
66 Comments
wednesday update
SHORT TERM: market drifts higher in choppy session, DOW +144 Overnight the Asian markets were all lower. Europe opened higher and closed +2.10%. US index futures were lower entering the open, and at 8:30 Durable goods orders were reported much … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
74 Comments
Jackson Hole speech?
Bernanke’s famous 2002 helicopter Ben speech: http://www.federalreserve.gov/boarddocs/speeches/2002/20021121/default.htm So what then might the Fed do if its target interest rate, the overnight federal funds rate, fell to zero? One relatively straightforward extension of current procedures would be to try to stimulate … Continue reading
Posted in special report
Tagged business, economy, elliott wave, finance, investing, markets, OEW
34 Comments
tuesday update
SHORT TERM: market stages big rally, DOW +322 Overnight the Asian markets were all higher. Europe opened higher and closed +0.85%. US index futures were lower then higher overnight and the market opened higher at SPX 1129. The SPX had … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
36 Comments
monday update
SHORT TERM: market gaps up then a volatile session, DOW +37 Overnight the Asian markets were mixed. Europe opened lower but closed mixed. US index futures started lower overnight and then rallied. At the open the SPX hit 1136 and … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
53 Comments