Monthly Archives: November 2014

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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thursday update

SHORT TERM: gap down opening then rebound, DOW +33 Overnight the Asian markets were mixed. Europe opened lower and lost 0.3%. US index futures were lower overnight. At 8am FED governor Tarullo’s speech was released: http://www.federalreserve.gov/newsevents/speech/tarullo20141120a%20.htm. At 8:30 weekly Jobless … Continue reading

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wednesday update

SHORT TERM: gap down opening, DOW -2 Overnight the Asian markets lost 0.5%. Europe opened higher but finished mixed. US index futures were lower overnight, and at 8:30 Housing starts were reported lower: 1009k v 1017k, and Building permits higher: … Continue reading

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tuesday update

SHORT TERM: new bull market highs, DOW +40 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 1.0%. US index futures were lower overnight, but rose heading into the open, and at 8:30 the PPI was reported higher: +0.2% v -0.1%. … Continue reading

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