Monthly Archives: August 2014

REVIEW The market started the week with a gap up opening on monday, hit SPX 2005 on tuesday before noon, then traded in a 14 point range for the rest of the week. For the week the SPX/DOW were +0.7%, … Continue reading →

SHORT TERM: choppy day, DOW +19 Overnight the Asian markets lost 0.1%. Europe opened higher but lost 0.1% too. US index futures were higher overnight. At 8:30 Personal income was reported higher +0.2% v +0.4%, spending lower -0.1% v +0.4%, … Continue reading →

SHORT TERM: gap down opening-then bounce, DOW -42 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.8%. US index futures traded lower overnight. At 8:30 Q2 GDP was revised upward: +4.2% v +4.0%, and weekly Jobless claims … Continue reading →

SHORT TERM: market finishes mixed, DOW +15 Overnight the Asian markets ended mixed. Europe opened higher but closed mixed as well. US index futures were higher overnight, and the market opened two points above yesterday’s SPX 2000 close. That was … Continue reading →

SHORT TERM: higher open-new high, DOW +30 Overnight the Asian market lost 0.3%. Europe opened higher and gained 1.0%. US index futures were higher overnight, and at 8:30 Durable goods orders were reported higher: +22.6% v +1.7%. At 9am Case-Shiller … Continue reading →