Monthly Archives: May 2013

friday update

SHORT TERM: another gap opening, DOW -209 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 1.0%. US index futures were lower overnight as well. At 8:30 Personal income was reported flat: 0.0% vs. +0.2%, Personal spending was … Continue reading

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thursday update

SHORT TERM: market rebounds, DOW +22 Overnight the Asian markets lost 1.7% – mostly Japan. European markets opened lower but gained 0.6%. US index futures were higher overnight. At 8:30 Q1 GDP was reported lower: +2.4% vs. +2.5%, and weekly … Continue reading

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wednesday update

SHORT TERM: gap down opening, DOW -107 Overnight the Asian markets lost 0.5%. European markets opened lower and lost 1.8%. US index futures were much lower overnight, and the market gapped down at the open to SPX 1651. The SPX … Continue reading

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tuesday update

SHORT TERM: volatile day to start the week, DOW +106 Overnight the Asian markets gained 1.0%, but declined -0.4% on Monday. European markets opened higher, gained 1.4% after gaining 1.0% on Monday. US index futures were quite a bit higher overnight. At … Continue reading

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US Housing update

After several requests, and a few opinions, we took a look at the Housing sector to see how our bull market was unfolding. Our first report: https://caldaro.wordpress.com/2012/01/22/has-the-us-housing-market-really-bottomed/, and follow up: https://caldaro.wordpress.com/2012/03/20/quick-update-on-housing/, were over a year ago. Our leading indicators, Building … Continue reading

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