Monthly Archives: March 2013

weekend update

Posted on March 29, 2013 by

REVIEW The beat goes on. While foreign markets have bounced around between uptrends and downtrends the past several weeks the US market has remained in a steady uptrend since November. In fact, not only has the DOW made new all time … Continue reading →

Posted in weekend update | Tagged , , , | 184 Comments

thursday update

Posted on March 28, 2013 by

SHORT TERM: no gap opening, but new highs: DOW +52 Overnight the Asian markets lost 0.7%. Europe opened higher and closed +0.3%. US index futures were higher overnight. At 8:30 Q4 GDP was reported higher: +0.4% vs +0.1%, but weekly … Continue reading →

Posted in Updates | Tagged , , , | 68 Comments

wednesday update

Posted on March 27, 2013 by

SHORT TERM: gap down opening reversed, DOW -33 Overnight the Asian markets gained 0.4%. European markets opened higher, but lost 0.8%. US index futures were lower overnight and the market gapped down at the open to SPX 1554. The SPX … Continue reading →

Posted in Updates | Tagged , , , | 152 Comments

tuesday update

Posted on March 26, 2013 by

SHORT TERM: another gap up opening, DOW +112 Overnight the Asian markets lost 0.5%. Europe opened higher and gained 0.3%. US index futures were higher overnight. At 8:30 Durable goods orders were reported higher: +5.7% vs -4.9%. At 9:00 Case-Shiller was … Continue reading →

Posted in Updates | Tagged , , , | 145 Comments

monday update

Posted on March 25, 2013 by

SHORT TERM: gap up opening leads to pullback, DOW -64 Overnight Cyprus reached an agreement, at the cost of their savers, and Asian markets gained 0.7%. Europe opened higher but lost 0.6%. US index futures were higher overnight and the market gapped … Continue reading →

Posted in Updates | Tagged , , , | 149 Comments

weekend update

Posted on March 23, 2013 by

REVIEW Quite a choppy week in the US markets after four gaps openings. We had to go back to the end of June 2012 to find a similar week of indecision. That one ended with the indices eventually moving higher. For … Continue reading →

Posted in weekend update | Tagged , , , | 148 Comments

friday update

Posted on March 22, 2013 by

SHORT TERM: another gap opening, DOW +91 Overnight the Asian markets lost 1.0%. European markets opened lower and lost 0.1%. US index futures were higher overnight, at 8:30 FED governor Raskin’s speech was released: http://www.federalreserve.gov/newsevents/speech/1A78D53EC3314751BD5CEE9DA84A89C7.htm. The market gapped up at … Continue reading →

Posted in Updates | Tagged , , , | 17 Comments