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Monthly Archives: October 2011
tuesday update
SHORT TERM: market pulls back, DOW -207 Overnight the Asian markets were mixed. Europe opened lower and closed -0.30%. US index futures were higher, then lower, overnight. At 9:00 Case-Shiller reported a 0.2% increase in housing prices. The market opened … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
89 Comments
monday update
SHORT TERM: market rallies right into resistance, DOW +105 Overnight the Asian markets were all higher. Europe opened higher and closed +1.25%. US index futures were marginally higher overnight, and the market opened a couple of points higher at SPX … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
99 Comments
weekend update
REVIEW The US markets had a choppy week, bouncing between SPX 1191/1197 and 1233/1239, but finished near the high for the week at 1238. World markets were mixed to lower. Economics reports for the week were mixed as well. On … Continue reading
Posted in weekend update
Tagged business, economy, elliott wave, finance, investing, markets, OEW
100 Comments
friday update
SHORT TERM: market rallies on European optimism, DOW +267 Last night FED governor Tarullo gave the following speech: http://www.federalreserve.gov/newsevents/speech/tarullo20111020a.htm. He suggests the FED begin a monetized MBS purchase program to help the housing industry. Overnight the Asian markets were mostly lower. … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
15 Comments
thursday update
SHORT TERM: choppy session, DOW +37 Overnight the Asian markets were all lower. Europe opened lower and closed -1.85%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported relatively flat: 403K vs 404K. The market opened … Continue reading
Posted in Updates
Tagged business, economy, elliott wave, finance, investing, markets, OEW
67 Comments