Monthly Archives: February 2012

friday update

SHORT TERM: new (last?) uptrend high, DOW -2 Overnight the Asian markets were mixed and gained 0.1%. European markets opened higher, but turned mixed gaining 0.4%. US index futures were higher overnight, and the market opened at SPX 1366. The … Continue reading

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thursday update

SHORT TERM: pullback then rally, DOW +46 Overnight the Asian markets were mostly lower, losing 0.3%. European markets opened higher, but closed -0.1%. US index futures were slightly lower overnight. At 8:30 weekly Jobless claims were reported slightly higher: 351K … Continue reading

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wednesday update

SHORT TERM: consolidation day, DOW -27 Overnight the Asian markets were mostly higher, gaining 0.4%. European markets opened higher but closed lower, losing 0.5%. US index futures were lower overnight, and the market opened two points below yesterday’s SPX 1362 … Continue reading

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tuesday update

SHORT TERM: another uptrend high, DOW +16 Overnight the Asian markets were mixed, gaining 0.2%. European markets opened lower and ended lower, losing 0.3%. US index futures gave back some of the holiday gains but were still higher heading into … Continue reading

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holiday update

SHORT TERM: US markets closed, DOW (YM) +72 Overnight the Asian markets were higher, gaining 0.7%. European markets opened higher and gained 0.9%. US index futures gained in holiday trading: SPX (ES) +6.75 and the NDX (NQ) +10.5. Bonds lost 14 … Continue reading

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