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Monthly Archives: March 2015
Tuesday update
SHORT TERM: gap down opening, DOW -200 Last night FED vice chair Fischer gave the following speech: http://www.federalreserve.gov/newsevents/speech/fischer20150330a.htm. Overnight the Asian markets lost 0.4%. Europe opened lower and lost 1.2%. US index futures were lower overnight, and at 9am Case-Shiller … Continue reading
Monday update
SHORT TERM: gap up and go Monday, DOW +264 Overnight the Asian markets gained 1.3%. European markets opened higher and gained 1.1%. US index futures were higher overnight. At 8:30 Personal income was reported higher: +0.4% v +0.3%, Personal spending … Continue reading
weekend update
REVIEW The market started the week at SPX 2108. After an opening rally on Monday, the market hit SPX 2115 before 10am. Then after the first half hour of trading the market was essentially down for the rest of the week. … Continue reading
Friday update
SHORT TERM: consolidation day, DOW +34 Overnight the Asian markets lost 0.3%. Europe opened higher but finished mixed. Before the open FED vice chair Fischer’s speech was released: http://www.federalreserve.gov/newsevents/speech/fischer20150327a.htm. US index futures were higher then lower overnight, and at 8:30 … Continue reading
Thursday update
SHORT TERM: gap down opening, DOW -40 Overnight the Asian markets lost 1.2%. Europe opened lower and lost 0.6%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported lower: 282k v 291k. The market gapped … Continue reading
the ELLIOTT WAVE lives on 
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