Monthly Archives: December 2014

Wednesday update

SHORT TERM: pullback continues, DOW -160 Overnight the Asian markets that were open gained 0.4%. European markets that were open gained 0.4% as well. US index futures were higher overnight, and at 9:15 the Chicago PMI was reported lower: 58.3 … Continue reading

Posted in Updates | Tagged , , , | 191 Comments

Tuesday update

SHORT TERM: gap down opening, DOW -55 Overnight the Asian markets lost 0.9%. Europe opened lower and lost 1.5%. US index futures were lower overnight, and at 9am Case-Shiller was reported lower. The market gapped down at the open to … Continue reading

Posted in Updates | Tagged , , , | 112 Comments

Monday update

SHORT TERM: market remains quiet, DOW -15 Overnight the Asian markets gained 0.6%. Europe opened lower but gained 0.3%. US index futures were lower overnight, and the market opened at SPX 2086. The market had closed at SPX 2089 on … Continue reading

Posted in Updates | Tagged , , , | 72 Comments

weekend update

REVIEW The week started at SPX 2071. On Monday the market rallied to the previous all time high at SPX 2079. Then on Tuesday, Wednesday and Friday it made higher highs, reaching SPX 2093. For the week the SPX/DOW gained … Continue reading

Posted in weekend update | Tagged , , , | 128 Comments

Friday update

SHORT TERM: gap up opening, DOW +24 Overnight the Asian markets gained 0.1%. European markets were closed. US index futures were higher overnight, and the market gapped up at the open to SPX 2088. Around 10am the SPX hit 2092, … Continue reading

Posted in Updates | Tagged , , , | 16 Comments

Wednesday update

SHORT TERM: quiet day, DOW +6 Overnight the Asian markets finished mixed. Europe opened higher, but finished mixed as well. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported lower: 280k v 289k. The market … Continue reading

Posted in Updates | Tagged , , , | 65 Comments

Tuesday update

SHORT TERM: gap up opening, DOW +65 Overnight the Asian markets gained 0.2%. Europe opened higher and gained 0.6%. US index futures were higher overnight. At 8:30 Q3 GDP was reported: +5.0% v +3.9%, but Durable goods were reported lower: … Continue reading

Posted in Updates | Tagged , , , | 66 Comments