Monthly Archives: September 2013

tuesday update

SHORT TERM: pullback continues, DOW -67 Overnight the Asian markets lost 0.3%. European markets opened higher and gained 0.4%. US index futures were lower overnight. At 9:00 Case-Shiller was reported higher: +12.4% v +12.1%, and the FAHB housing index was … Continue reading

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monday update

SHORT TERM: pullback continues, DOW -50 Overnight the Asian markets lost 1.2%. Europe opened lower and lost 0.6%. US index futures were also lower overnight, and the market opened two points below Friday’s SPX 1710 close. The market continued to … Continue reading

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weekend update

REVIEW An expected volatile FOMC/Options expiration week did not disappoint. The market started the week with a gap up opening, held those highs on Tuesday, then spiked when FED chairman Bernanke did not taper QE 3 as was expected. Then … Continue reading

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friday update

SHORT TERM: pullback continues, DOW -185 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 0.2%. US index futures were lower overnight, but the market opened two points above yesterday’s SPX 1722 close. In the first few minutes the … Continue reading

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thursday update

SHORT TERM: new high then pullback, DOW -40 Overnight the Asian markets gained 2.3%. Europe opened higher and gained 0.9%. US index futures were higher overnight as well, and at 8:30 weekly Jobless claims were reported higher: 309k v 293k. The … Continue reading

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