Monthly Archives: November 2014

weekend update

REVIEW The holiday shortened week started off at SPX 2068 on Monday. After a rise to SPX 2074 by Tuesday the market dipped to 2065. Then after rise to new highs at SPX 2076 on Friday, this was followed by another dip … Continue reading

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friday update

SHORT TERM: post holiday shortened session, DOW +1 Overnight the Asian markets gained 0.7%. Europe opened higher and gained 0.1%. US index futures were lower overnight, but the market opened three points above Wednesday’s SPX 2073 close. Energy stocks, which dropped about … Continue reading

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wednesday update

SHORT TERM: another consolidation day, DOW +13 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 0.1%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported higher: 313k v 291k, Durable goods orders were … Continue reading

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tuesday update

SHORT TERM: Q3 GDP beat, DOW -3 Overnight the Asian markets lost 0.2%. European markets opened higher and gained 0.4%. US index futures were higher overnight just before a series of economic reports. At 8:30 Q3 GDP was reported higher: … Continue reading

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monday update

SHORT TERM: consolidation day, DOW +8 Overnight the Asian markets gained 1.3%. Europe opened lower but gained 0.2%. US index futures were higher overnight, and the market opened at SPX 2068. The SPX had closed at 2064 on Friday. In … Continue reading

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weekend update

REVIEW Another good week for the market as new all time highs keep this uptrend rising. The market started the week at SPX 2040, rose to 2056 by Tuesday, pulled back to 2040 by Thursday, then rallied to 2071 on Friday. … Continue reading

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friday update

SHORT TERM: market gaps up, DOW +91 Overnight the Asian markets gained 0.6%. Europe opened higher and soared 2.1%. US index futures were much higher overnight, and at 9:30 FED governor Tarullo’s speech: http://www.federalreserve.gov/newsevents/testimony/tarullo20141121a.htm. The market gapped up at the … Continue reading

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