Monthly Archives: November 2013

tuesday update

SHORT TERM: another quiet trading session, DOW unchanged Overnight the Asian markets lost 0.5%. Europe opened lower and lost 0.4%. US index futures were relatively flat overnight. At 8:30 Building permits were reported higher: 1034K v 974K v 918K: housing … Continue reading

Posted in Updates | Tagged , , , | 155 Comments

monday update

SHORT TERM: new highs then pullback, DOW +8 Overnight the Asian markets gained 1.1%. Europe opened higher and gained 0.6%. US index futures were at record highs overnight, and the market opened at a new high: SPX 1808. After the … Continue reading

Posted in Updates | Tagged , , , | 96 Comments

weekend update

REVIEW The market opened higher this week, hit an all time new high in the opening minutes of Monday trading, then pulled back 25 points below that high by Wednesday afternoon. Then Thursday it recovered the loss and ended the … Continue reading

Posted in weekend update | Tagged , , , | 129 Comments

friday update

SHORT TERM: all time new highs again, DOW +55 Overnight the Asian markets gained 0.2%. Europe opened higher and gained 0.3%. US index futures were higher overnight, and the market opened one point above yesterday’s SPX 1796 close. After an … Continue reading

Posted in Updates | Tagged , , , | 36 Comments

thursday update

SHORT TERM: gap up and go opening, DOW +109 Overnight the Asian markets lost 0.2%. Europe opened lower and lost 0.1%. US index futures were higher overnight. At 8:30 weekly Jobless claims declined: 323k v 339k and the PPI was … Continue reading

Posted in Updates | Tagged , , , | 148 Comments