Monthly Archives: December 2011

holiday update

SHORT TERM: US markets closed, Forex trading only Overnight the Asian markets were mixed for a 0.6% gain. Europe was closed. US index futures traded only on Forex, ending with both the SPX and NDX unchanged. Bonds and Crude were also … Continue reading

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weekend update

REVIEW After a rough beginning on monday US stocks surged tuesday, following the ECB’s successful LTRO results, then continued higher for the rest of the week. For the week the SPX/DOW were +3.65% and the NDX/NAZ were +2.25%. Asian markets … Continue reading

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friday update

SHORT TERM: market drifts higher in quiet trading, DOW +124 Overnight the Asian markets were mixed gaining 0.3%. Europe opened higher and ended +0.8%. US index futures were higher overnight as well. At 8:30 Durable goods orders were reported positive … Continue reading

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thursday update

SHORT TERM: market adds to gains, DOW +62 Overnight the Asian markets were mixed, ending flat. Europe opened higher and gained 1.3%. US index futures were higher overnight. At 8:30 Q3 GDP was reported +1.8% vs +2.0%, and weekly Jobless … Continue reading

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wednesday update

SHORT TERM: consolidation day after big rally, DOW +4 Overnight the Asian markets were all higher gaining 2.7%. Europe opened higher but closed -0.8%. US index futures were higher overnight but lost ground heading into the open. At the open … Continue reading

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