Monthly Archives: February 2015

Tuesday update

SHORT TERM: new highs, DOW +92 Overnight the Asian markets gained 0.1%. Europe opened higher and gained 0.6%. US index futures were higher overnight, and at 9am Case-Shiller was reported higher: +4.5% v +4.3%. The market opened one point below … Continue reading

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Monday update

SHORT TERM: consolidation day, DOW -24 Overnight the Asian markets finished mixed. Europe opened higher and gained 0.5%. US index futures were lower overnight, and the market opened four points below Friday’s SPX 2110 close. By 10am the SPX had … Continue reading

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weekend update

REVIEW The market started the holiday shortened week at SPX 2097. It made a new high on Tuesday, pulled back some, then another new high on Thursday, pulled back on options expiration Friday, then ended the week at new highs. … Continue reading

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Friday update

SHORT TERM: options expiration Friday, DOW +155 Overnight the Asian markets lost 0.1%. Europe opened lower but gained 0.2%. US index futures were lower overnight and the market opened three points below yesterday’s SPX 2097 close. The pullback continued until 10am … Continue reading

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Thursday update

SHORT TERM: gap down opening again, DOW -44 Last night FED governor Powell gave this speech: http://www.federalreserve.gov/newsevents/speech/powell20150218a.htm. Asian markets gained 0.2% overnight. Europe opened lower but gained 0.3%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were … Continue reading

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