Monthly Archives: July 2014

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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wednesday update

SHORT TERM: rally continues, DOW -27 Overnight the Asian markets gained 0.4%. European markets opened lower but gained 0.1%. US index futures were higher overnight, and the market opened three points above yesterday’s SPX 1984 close. In the opening minutes … Continue reading

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tuesday update

SHORT TERM: gap up opening, DOW +62 Overnight the Asian markets gained 1.2%. Europe opened higher and gained 1.3%. US index futures were higher overnight. At 8:30 the CPI was reported higher: +0.3% v +0.4%, then at 9am the FHFA … Continue reading

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monday update

SHORT TERM: gap down opening then recovery, DOW -48 Overnight the Asian markets ended mixed. Europe opened lower and lost 0.7%. US index futures were lower overnight, and the market gapped down to SPX 1972 at the open. The SPX … Continue reading

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