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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
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
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
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
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
the ELLIOTT WAVE lives on 
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