Monthly Archives: July 2013

wednesday update

SHORT TERM: another gap up opening, DOW -21 Overnight the Asian markets lost 0.6%. Europe opened higher and gained 0.4%. US index futures were higher overnight. At 8:15 the ADP index was reported higher: 200K vs 188K, and at 8:30 … Continue reading

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tuesday update

SHORT TERM: FED watch continues, DOW -1 Overnight the Asian markets gained 0.2%. Europe opened higher and gained 0.3%. US index futures were higher overnight and the market gapped up at the open to SPX 1692. Then after hitting SPX … Continue reading

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monday update

SHORT TERM: market pulls back to start FED week, DOW -37 Overnight the Asian markets lost 1.5%. Europe opened higher but slipped 0.1%. US index futures were lower overnight, and the market opened four points below Friday’s SPX 1692 close. … Continue reading

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weekend update

REVIEW The market started the week by making new uptrend highs Monday/Tuesday. Then pulled back into Friday morning before rallying to end the week about unchanged. For the week the SPX/DOW were mixed, the NDX/NAZ were +0.85%, and the DJ … Continue reading

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friday update

SHORT TERM: gap down opening then rebound, DOW +3 Overnight the Asian markets lost 1.0%. Europe opened higher but lost 0.3%. US index futures were lower overnight, and the market gapped down at the open to SPX 1684. The market … Continue reading

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thursday update

SHORT TERM: market opens lower then reverses, DOW +13 Overnight the Asian markets lost 0.9%. European markets opened lower and lost 0.6%. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported higher: 343K vs 334K, and … Continue reading

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wednesday update

SHORT TERM: gap up opening leads to pullback, DOW -26 Overnight the Asian markets lost 0.4%. Europe opened higher and gained 0.7%. US index futures were higher overnight, and the market gapped up at the open to SPX 1698. The … Continue reading

Posted in Updates | Tagged , , , | 298 Comments