Monthly Archives: January 2014

weekend update

REVIEW The last two days, of a holiday shortened week, resulted in a nasty decline for the entire week. The market started Tuesday with a gap up opening, hitting SPX 1849 in the opening minutes. Then bounced around between SPX … Continue reading

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friday update

SHORT TERM: gap down and decline again, DOW -318 Overnight the Asian markets lost 1.4%. Europe opened lower and lost 2.1%. US index futures were lower overnight, and the market gapped down at the open to SPX 1819. This opening … Continue reading

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thursday update

SHORT TERM: gap down and decline, DOW -176 Overnight the Asian markets lost 0.8%. Europe opened lower and lost 0.9%. US index futures fell overnight after China announced a contracting PMI. At 8:30 weekly Jobless claims were reported flat: 326k … Continue reading

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wednesday update

SHORT TERM: higher open then trading range, DOW -41 Overnight the Asian markets gained 0.3%. Europe opened higher but lost 0.1%. US index futures vacillated overnight around unchanged, and the market opened two points above yesterday’s SPX 1844 close. Right after … Continue reading

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tuesday update

SHORT TERM: gap up opening then choppy day, DOW -44 Over the extended weekend the Asian markets gained 0.6%. Europe opened higher today but finished flat. US index futures were higher overnight, and the market gapped up to SPX 1847 … Continue reading

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