Monthly Archives: April 2014

thursday update

SHORT TERM: another bungee cord day, DOW unchanged Overnight the Asian markets lost 0.3%. Europe opened higher and gained 0.4%. US index futures were higher overnight. At 8:30 weekly Jobless clams were reported higher: 329k v 304k, and Durable goods orders … Continue reading

Posted in Updates | Tagged , , , | 105 Comments

wednesday update

SHORT TERM: consolidation day, DOW -13 Overnight the Asian markets gained 0.2%. Europe opened higher, but lost 0.5%. US index futures were lower overnight, and the market opened two points below yesterday’s SPX 1880 close. After a short pop to … Continue reading

Posted in Updates | Tagged , , , | 109 Comments

tuesday update

SHORT TERM: rally continues, DOW +65 Overnight the Asian markets lost 0.3%. Europe opened higher and gained 1.4%. US index futures were flat to higher overnight, and at 9am the FHFA index was reported higher: +0.6% v +0.5%. The market … Continue reading

Posted in Updates | Tagged , , , | 64 Comments

monday update

SHORT TERM: market drifts higher, DOW +41 Overnight the Asian markets opened gained 0.3%. European markets were closed for an extended holiday. US index futures were higher overnight, but the market opened unchanged at SPX 1865. After a push up … Continue reading

Posted in Updates | Tagged , , , | 110 Comments

wednesday update

SHORT TERM: gap up and go day, DOW +162 Overnight the Asian markets gained 0.7%. Europe opened higher and gained 1.2%. US index futures were higher overnight. At 8:30 Housing starts were reported higher: 946k v 907k, Building permits lower: … Continue reading

Posted in Updates | Tagged , , , | 146 Comments