Monthly Archives: April 2012

tuesday update

SHORT TERM: early rally holds, DOW +74 Overnight the Asian markets were mostly higher, but lost 0.1%. Europe opened higher and gained 1.3%. US index futures were higher overnight, and at 9:00 Case-Shiller was reported lower: 134.20 vs 135.23. The … Continue reading

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monday update

SHORT TERM: European selling drives market lower, DOW -102 Overnight the Asian markets were -1.2%. European markets opened lower and dropped 2.7%. US index futures were under pressure overnight, and the market gapped down at the open to SPX 1367. … Continue reading

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weekend update

REVIEW While Europe was trying to rally for most of the week US economic reports were weighing down the US markets. Reports for the week were mostly negative with 10 declining and 4 rising. On the downtick: retail sales, the … Continue reading

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friday update

SHORT TERM: market gaps up ends mixed, DOW +65 Overnight the Asian markets were mostly lower losing 0.1%. Europe opened lower but gained 0.7%. US index futures were higher overnight and gapped up at the opening to SPX 1382. The … Continue reading

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thursday update

SHORT TERM: market heads lower, DOW -69 Overnight the Asian markets were mostly lower losing 0.4%. Europe opened higher but closed -1.0%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported higher: 386K vs 380K. The … Continue reading

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