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Monthly Archives: June 2014
monday update
SHORT TERM: end of month – end of quarter, DOW -25 Overnight the Asian markets gained 0.5%. Europe opened higher but lost 0.1%. US index futures were relatively flat overnight, and the market opened one point below Friday’s SPX 1961 close. In … Continue reading
weekend update
REVIEW The general market made a new bull market high on Tuesday at SPX 1968, dropped to 1945 by Thursday, and then rallied to 1961 to end the week. For the week the SPX/DOW were -0.35%, the NDX/NAZ were +0.90%, … Continue reading
friday update
SHORT TERM: rebound continues, DOW +6 Overnight the Asian markets lost 0.4%. Europe opened higher and gained 0.1%. US index futures were lower overnight, and the market opened three points below yesterday’s SPX 1957 close. At 10am Consumer sentiment was … Continue reading
thursday update
SHORT TERM: pullback resumes then another rebound, DOW -21 Overnight the Asian markets gained 0.3%. Europe opened higher but lost 0.4%. US index futures were lower overnight. At 8:30 Personal income (+0.4% v +0.3%)/spending (+0.2% v +0.1) were reported higher, the … Continue reading
wednesday update
SHORT TERM: market rebounds, DOW +49 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.9%. US index futures were higher overnight. At 8:30 Q1 GDP was reported lower than expected: -2.9% v -1.0%, and Durable goods orders … Continue reading
the ELLIOTT WAVE lives on 
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