Monthly Archives: December 2013

tuesday update

SHORT TERM: higher open = new highs, DOW +63 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.1%. US index futures were higher overnight. At 8:30 Durable goods orders were reported higher: +3.5% v -1.6%, and at 9am FHFA housing … Continue reading

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monday update

SHORT TERM: gap up opening, DOW +73 Overnight the Asian markets opened gained 0.3%. Europe opened higher and gained 0.8%. US index futures were much higher overnight, and at 8:30 Personal income (+0.2% v -0.1%)/spending (+0.5% v +0.3%) and PCE prices … Continue reading

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weekend update

REVIEW The market gapped up on Monday, rallied to SPX 1792 in the opening minutes, then pulled back until just after the FOMC statement at 2pm on Wednesday. After that the market soared right into late Friday afternoon reaching all … Continue reading

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friday update

SHORT TERM: new highs, DOW +42 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.5%. US index futures were higher overnight, and at 8:30 Q3 GDP was reported at 4.1% v 3.6%. The market opened one point … Continue reading

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thursday update

SHORT TERM: gap down consolidation day, DOW +11 Overnight the Asian markets gained 0.2%. Europe opened higher and gained 1.6%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported higher: 379k v 368k. The market … Continue reading

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