Monthly Archives: February 2014

weekend update

REVIEW Even though it was a holiday shortened week the market finished a rally on Wednesday at SPX 1848, dipped to 1825 by Thursday, then started another rally. For the week the SPX/DOW were -0.20%, the NDX/NAZ were mixed, and the … Continue reading

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friday update

SHORT TERM: choppy Opex day, DOW -30 Overnight the Asian markets gained 1.5%. Europe opened higher and gained 0.5%. US index futures were higher overnight, and the market opened two points above yesterday’s SPX 1840 close. After a dip to … Continue reading

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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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