Monthly Archives: February 2014

thursday update

SHORT TERM: dip then rally, DOW +93 Overnight the Asian markets lost 1.4%. Europe opened lower but finished mixed. US index futures were lower, then higher overnight. At 8:30 weekly Jobless claims were reported lower: 336k v 339k, and the … Continue reading

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wednesday update

SHORT TERM: market remembers the pullback, DOW -90 Overnight the Asian markets gained 0.1%. Europe opened lower, but gained 0.1% as well. US index futures were lower overnight. At 8:30 Housing starts were reported lower: 888k v 999k, as were … Continue reading

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tuesday update

SHORT TERM: consolidation day, DOW -24 Over the holiday into last night the Asian markets gained 2.2%. Europe opened higher this AM and gained 0.6% overall. US index futures were higher over the holiday and into today’s opening. At 8:30 … Continue reading

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weekend update

REVIEW The market opened the week at SPX 1797, dipped to 1792 early Monday, then rallied with only one notable pullback to 1842 by Friday. And all this occurred during market hours, as the only gap opening on the week was … Continue reading

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friday update

SHORT TERM: down opening then rally extends, DOW +127 Overnight the Asian markets finished mixed. Europe opened lower but gained 0.5%. US index futures were higher overnight, then dipped after early economic reports. At 8:30 Export (+0.2% v +0.3%)/Import(+3% v … Continue reading

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thursday update

SHORT TERM: gap down opening reversed, DOW +64 Overnight the Asian markets lost 1.2%. European markets opened lower but gained 0.2%. US index futures were much lower overnight. At 8:30 weekly Jobless claims were reported higher: 339k v 331k, and Retail … Continue reading

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wednesday update

SHORT TERM: consolidation day, DOW -31 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and the market opened two points above yesterday’s SPX 1820 close. The market continued higher until … Continue reading

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