Monthly Archives: March 2013

weekend update

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

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friday update

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

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thursday update

SHORT TERM: a gap down opening, DOW -90 Overnight the Asian markets gained 0.2%. European markets opened lower and lost 1.0%. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported higher: 336K vs 332K. At 9:00 … Continue reading

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wednesday update

SHORT TERM: gap up opening, DOW +56 Overnight Asian markets were mixed. European markets opened higher and gained 0.7%. US index futures were higher overnight. The market gapped up at the open to SPX 1557, continued to 1559, then began to … Continue reading

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tuesday update

SHORT TERM: ruby tuesday again, DOW +4 Overnight the Asian markets gained 0.1%. Europe opened lower and lost 0.8%. US index futures were higher overnight, and at 8:30 Housing starts were reported higher: 917K vs 890K, plus Building permits were … Continue reading

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