Monthly Archives: October 2011

monday update

Posted on October 31, 2011 by tony caldaro

SHORT TERM: market gaps down in pullback, DOW -275 Overnight the Asian markets were all lower. Europe opened lower and closed -3.0%. US index futures were lower overnight as well. At the open the market gapped down to SPX 1276 … Continue reading →

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weekend update

Posted on October 29, 2011 by tony caldaro

REVIEW Another positive week for US equities as they gained ground for the fourth week in row. The majority of the gains occurred on thursday after the ECU had agreed upon a solution to their credit crisis wednesday night. Most of … Continue reading →

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friday update

Posted on October 28, 2011 by tony caldaro

SHORT TERM: consolidation day, DOW +22 Overnight the Asian markets were all higher. Europe opened higher but closed mixed. US index futures were lower overnight. At 8:30 Personal income was reported higher: +0.1% vs -0.1%, Personal spending was reported higher: … Continue reading →

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thursday update

Posted on October 27, 2011 by tony caldaro

SHORT TERM: solid gap up rally after ECU debt deal, DOW +340 Overnight, the Eurozone reached agreement on dealing with their credit crisis. Asian markets were all higher on the news. Europe opened higher and closed +4.2%. US index futures … Continue reading →

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wednesday update

Posted on October 26, 2011 by tony caldaro

SHORT TERM: gap up opening ends in a volatile day, DOW +162 Overnight the Asian markets were mostly higher. Europe opened higher but closed mixed. US index futures were higher overnight, but at 8:30 Durable goods orders were reported more negative: -0.8% … Continue reading →

Posted in Updates | Tagged , , , , , , | 129 Comments