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Monthly Archives: August 2014
monday update
SHORT TERM: gap up – new highs, DOW +76 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 1.7%. US index futures were higher overnight, and the market gapped up to new highs at the open: SPX 1997. … Continue reading
weekend update
REVIEW US markets rise for third week in a row. The week started off with a gap up on monday, and then continued to rise every day until thursday. When it hit a new all time high at SPX 1995. … Continue reading
friday update
SHORT TERM: first notable pullback of week, DOW -38 Overnight the Asian markets gained 0.1%. Russia moved its convoy across the Ukrainian border. Europe opened lower and lost 0.6%. US index futures were lower overnight, but the market opened unchanged … Continue reading
thursday update
SHORT TERM: new all time highs, DOW +60 Overnight Asian markets gained 0.1%. Europe opened higher and gained 0.8%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported lower: 298k v 311k. The market opened … Continue reading
wednesday update
SHORT TERM: pullbacks but rally continues, DOW +60 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 0.3%. US index futures were lower overnight, and the market opened at SPX 1979. The SPX had closed at 1982 yesterday. … Continue reading
