Monthly Archives: November 2014

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 →

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 →

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 →

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 →

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 →