Monthly Archives: December 2011

weekend update

REVIEW A quiet holiday week closes out the volatile 2011. After making a new uptrend high at SPX 1269 on tuesday, the market declined to 1249 on wednesday. And that, was the entire range for the week. For the week … Continue reading

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friday update

SHORT TERM: quiet session closes out 2011, DOW -69 Overnight the Asian markets were mostly higher gaining 0.7%. European markets opened lower but gained 0.7% as well. US index futures were higher overnight but the market opened slightly lower at SPX … Continue reading

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thursday update

SHORT TERM: market rebounds, DOW +136 Overnight the Asian markets were mostly lower losing 0.5%. Europe opened higher and closed +1.40%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported higher: 381K vs 364K. The market … Continue reading

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wednesday update

SHORT TERM: market pullback from SPX 1269 continues, DOW -140 Overnight the Asian markets were all lower losing 0.7%. European markets opened higher but were all lower as well losing 1.0%. US index futures were slightly higher overnight and the … Continue reading

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tuesday update

SHORT TERM: new uptrends highs in quiet trading, DOW -3 Overnight the Asian markets open lost 0.7%. European markets fared better gaining 0.2%. US index futures were slightly lower overnight. At 9:00 Case-Shiller reported a 1.2% decline in housing prices for the … Continue reading

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