Monthly Archives: March 2014

tuesday update

SHORT TERM: growth stocks still driving the market, DOW +91 After the close yesterday the FED released the following: http://www.federalreserve.gov/newsevents/press/bcreg/20140324b.htm.  Overnight the Asian markets lost 0.3%. European markets opened higher and gained 1.5%. US index futures were higher overnight, and at 9am … Continue reading

Posted in Updates | Tagged , , , | 82 Comments

monday update

SHORT TERM: volatility continues, DOW -26 Overnight the Asian markets gained 1.7%. Europe lower and lost 1.2%. US index futures were higher overnight, and at 9am a speech from FED governor Stein was released: http://www.federalreserve.gov/newsevents/speech/stein20140324a.htm. The market opened four points above … Continue reading

Posted in Updates | Tagged , , , | 60 Comments

weekend update

REVIEW The market started the week gapping up after last Friday’s decline to SPX 1840. The rally carried it into FOMC Wednesday to SPX 1874. Then right after the FOMC statement was released the market dropped to SPX 1850. Another rally … Continue reading

Posted in weekend update | Tagged , , , | 124 Comments

friday update

SHORT TERM: gap up opening then retreat, DOW -28 Overnight the Asian markets gained 0.6%. Europe opened higher and gained 0.3%. US index futures were higher overnight and the market gapped up to SPX 1878 at the open. The SPX … Continue reading

Posted in Updates | Tagged , , , | 23 Comments

thursday update

SHORT TERM: market rebounds, DOW +109 Overnight the Asian markets lost 1.3%. European markets opened lower but finished flat. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported higher (320k v 315k), and at 9:30 the market opened … Continue reading

Posted in Updates | Tagged , , , | 96 Comments