Monthly Archives: July 2013

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

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tuesday update

SHORT TERM: another day another new high, DOW +22 Overnight the Asian markets gained 1.3%. European opened higher but lost 0.3%. US index futures were higher overnight, and at 9:00 the FHFA housing index was reported higher: +0.7% vs +0.7%. … Continue reading

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monday update

SHORT TERM: new bull market highs, DOW +2 Overnight the Asian markets gained 0.3%. Europe opened lower and closed mixed. US index futures were higher overnight and the market opened higher at SPX 1695. Then after a small pullback to SPX … Continue reading

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weekend update

REVIEW The market started the week by making a new uptrend high on Monday, pulled back, made a new all time high on Thursday, pulled back, then ended the week within one point of the all time high. For the … Continue reading

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