Monthly Archives: September 2012

friday update

SHORT TERM: market ends mixed, DOW -17 Overnight the Asian markets gained 1.2%. European markets opened higher and gained 0.5%. US index futures were higher overnight on this Options expiration friday. The market opened higher at SPX 1464 and continued … Continue reading

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thursday update

SHORT TERM: pullback extends, DOW +19 Overnight the Asian markets lost 1.2%. European markets opened lower and declined 0.4%. US index futures we lower as well. At 8:30 weekly Jobless claims were reported flat: 382K vs 382K. The market gapped down … Continue reading

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wednesday update

SHORT TERM: market tries to rally, DOW +13 Overnight the Asian markets gained 1.2%. European markets opened higher and gained 0.5%. US index futures were higher overnight as well. At 8:30 Housing starts were reported higher: 750K vs 746K, and … Continue reading

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tuesday update

SHORT TERM: market pullback continues, DOW +12 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.6%. US index futures were lower overnight as well. At 8:30 the Q2 current Account deficit decreased: -$117.4 bln vs -$137.3 bln. The … Continue reading

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monday update

SHORT TERM: market pullback continues, DOW -40 Overnight the Asian markets were -0.3%. European markets opened lower and closed -0.4%. US index futures were lower overnight as well. At 8:30 the NY FED was reported lower: -10.4 vs -5.9. The … Continue reading

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