Monthly Archives: December 2014

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

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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

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Monday update

SHORT TERM: uptrend confirmed, DOW +155 Overnight the Asian markets gained 0.9%. Europe opened higher and gained 0.5%. US index futures were higher overnight and the market opened three points above Friday’s SPX 2071 close. At 10am Existing home sales … Continue reading

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weekend update

REVIEW Another wild week in the markets. The market opened the week at SPX 2002 after last week’s 3.5% selloff. After a gap up opening on Monday carrying the SPX to 2019, it gapped down on Tuesday hitting 1973 right … Continue reading

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Friday update

SHORT TERM: no gap opening – streak broken, DOW +27 Overnight the Asian markets gained 1.5%. Europe opened higher and gained 0.3%. US index futures were higher overnight, and the market opened three points above yesterday’s SPX 2061 close. The market … Continue reading

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