Monthly Archives: October 2013

thursday update

SHORT TERM: pullback continues, DOW -73 Overnight the Asian markets lost 0.3%. Europe opened lower but gained 0.1%. Last night the FED released this: http://www.federalreserve.gov/newsevents/press/monetary/20131031a.htm. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported lower: 340k … Continue reading

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wednesday update

SHORT TERM: FOMC day volatility, DOW -62 Overnight the Asian markets gained 1.2%. Europe opened higher but lost 0.1%. US index futures were higher overnight. At 8:15 the ADP index was reported lower: 130k v 166k, but the CPI was … Continue reading

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tuesday update

SHORT TERM: another day another new high, DOW +111 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.5% as well. US index futures were higher overnight, and at 8:30 both Retail sales (-0.1% v +0.2%) and the PPI … Continue reading

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monday update

SHORT TERM: drift higher continues, DOW -1 Overnight the Asian markets gained 0.7%. Europe opened higher but lost 0.2%. US index futures were higher, then lower, overnight. At 9:15 Industrial production was reported higher: +0.6% v +0.4%. The market opened … Continue reading

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weekend update

REVIEW SPX makes an all time high on Tuesday, consolidates, then ends the week at 1760 another all time high. For the week the SPX/DOW gained 1.0%, the NDX/NAZ gained 0.8%, and the DJ World index was 0.4% higher. Economic … Continue reading

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friday update

SHORT TERM: SPX makes new high, DOW +61 Overnight the Asian markets lost 1.2%. Europe opened lower but finished mixed. US index futures were higher overnight, and at 8:30 Durable goods orders were reported higher: +3.7% v +0.1%. The market … Continue reading

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thursday update

SHORT TERM: rally resumes, DOW +96 Overnight the Asian markets lost 0.2%. Europe opened higher and gained 0.6%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported lower: 350K v 358K, and the Trade deficit was … Continue reading

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