Monthly Archives: July 2014

thursday update

SHORT TERM: throwback Thursday, DOW -317 Overnight the Asian markets lost 0.3%. Europe opened higher but lost 1.3%. US index futures were lower overnight , and at 8:30 weekly Jobless claims were reported higher: 302k v 284k. The market gapped … Continue reading

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wednesday update

SHORT TERM: wacky Wednesday, DOW -32 Overnight the Asian markets gained 0.3%. Europe opened lower and lost 0.8%. US index futures were higher overnight. At 8:15 the ADP was reported lower: 218k v 281k, then at 8:30 Q2 GDP was reported … Continue reading

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tuesday update

SHORT TERM: choppy pullback day, DOW -70 Overnight the Asian markets gained 0.8%. European markets opened higher and gained 0.5%. US index futures were higher overnight, and at 9am Case-Shiller was reported lower: +9.3% v +10.8%. The market opened three … Continue reading

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monday update

SHORT TERM: lower open then rally, DOW +22 Overnight the Asian markets gained 0.3%. European markets opened higher, but lost 0.1%. US index futures were lower overnight, and the market opened one point below Friday’s SPX 1978 close. In the … Continue reading

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weekend update

REVIEW Exciting week? Not quite. The market started the week at SPX 1978, dropped 12 points below that on Monday, rallied to 13 points above that by Thursday, then ended the week where it started: SPX 1978. For the week … Continue reading

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friday update

SHORT TERM: gap down opening, DOW -123 Overnight the Asian markets gained 0.3%. Europe opened lower and lost 1.1%. US index futures were lower overnight, and at 8:30 Durable goods orders were reported higher: +0.7% v -0.9%. The market gapped … Continue reading

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thursday update

SHORT TERM: drift higher continues, DOW -3 Overnight the Asian markets gained 0.3%. Europe opened lower but gained 0.5%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported the lowest in 8 years: 284k v … Continue reading

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