Monthly Archives: May 2014

tuesday update

SHORT TERM: gap up and new high, DOW +69 Over the holiday Asian markets rose 0.4%, and European markets rose 0.8%. Overnight the Asian markets lost 0.3%. Europe opened higher and gained 0.3%. US index futures were higher over the … Continue reading

Posted in Updates | Tagged , , , | 127 Comments

weekend update

REVIEW The week started with a positive Monday, sold off on Tuesday, then ended within one point of the SPX 1902 all time high. The SPX/DOW were +0.95%, the NDX/NAZ were +2.40%, and the DJ World was +0.90%. On the … Continue reading

Posted in weekend update | Tagged , , , | 108 Comments

friday update

SHORT TERM: market approaches new highs, DOW +63 Last night the FED released the following: http://www.federalreserve.gov/newsevents/press/bcreg/20140522a.htm.  Overnight the Asian markets gained 0.8%. Europe opened lower but gained 0.2%. US index futures were higher overnight. The market opened two points above … Continue reading

Posted in Updates | Tagged , , , | 51 Comments

thursday update

SHORT TERM: rally continues, DOW +10 Overnight the Asian markets gained 1.0%. Europe opened higher and gained 0.1%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported higher: 326k v 297k. The market opened one … Continue reading

Posted in Updates | Tagged , , , | 145 Comments

wednesday update

SHORT TERM: gap up opening, DOW +159 Overnight the Asian markets lost 0.2%. Europe opened lower but gained 0.4%. US index futures were higher overnight, and the market gapped up to SPX 1879 at the open. The SPX had closed … Continue reading

Posted in Updates | Tagged , , , | 112 Comments