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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weekend update

REVIEW This week the US market was just moving along as it has been in recent weeks. Extending the uptrend and making all time new highs nearly every day. On Wednesday, when FED chairman Bernanke was reading his prepared report to … Continue reading

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friday update

SHORT TERM: market gaps down again, DOW +9 Overnight the Asian markets gained 0.3%. European markets opened higher but lost 0.5%. US index futures were first higher, then lower overnight. At 8:30 Durable goods orders were reported higher: +3.3% vs. -6.9%. The … Continue reading

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