Monthly Archives: June 2014

tuesday update

SHORT TERM: new highs then decline, DOW -119 Overnight the Asian markets gained 0.6%. European markets opened higher but finished mixed. US index futures were lower overnight, and at 9am Case-Shiller was reported lower: +10.8% v +12.4%, and the FHFA … Continue reading

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monday update

SHORT TERM: consolidation continues, DOW -10 Overnight the Asian markets lost 0.6%. Europe opened lower and lost 0.6% as well. US index futures were higher overnight, but the market opened one point below Friday’s SPX 1963 close. In the opening … Continue reading

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weekend update

REVIEW The bull market made news highs this week, after the FOMC meeting, statement, and press conference. For the week the SPX/DOW were +1.3%, the NDX/NAZ were +1.0%, and the DJ World index was +1.0%. On the economic front positive … Continue reading

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friday update

SHORT TERM: new highs then consolidation, DOW +26 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 0.1% too. US index futures were higher overnight, and the market opened two points above yesterday’s SPX 1959 record close. Just … Continue reading

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thursday update

SHORT TERM: new highs then consolidation, DOW +15 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 0.6%. US index futures were relatively flat overnight, and at 8:30 weekly Jobless claims were reported lower: 312k v 317k. The … Continue reading

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