Monthly Archives: April 2015

SHORT TERM: gap down opening, DOW -195 Overnight the Asian markets lost 1.4%. Europe opened higher and gained 0.2%. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported lower: 262k v 295k, Personal income was reported flat: … Continue reading →

SHORT TERM: FOMC volatility, DOW -75 Overnight the Asian markets lost 0.4%. Europe opened higher but dropped 2.3%. US index futures were lower overnight, and at 8:30 Q1 GDP was reported lower than expected: +0.2% v +2.2%. The market gapped … Continue reading →

SHORT TERM: volatile day, DOW +72 Overnight the Asian markets gained 0.4%. Europe opened lower and lost 1.6%. US index futures were lower overnight. Last night FED direction Van Der Weide’s testimony: http://www.federalreserve.gov/newsevents/testimony/vanderweide20150428a.htm was released. At 9am Case-Shiller was reported … Continue reading →

SHORT TERM: gap up then pullback, DOW -42 Overnight the Asian markets ended mixed. Europe opened higher and gained 1.3%. US index futures were higher overnight, and the market gapped up to SPX 2124 at the open. The SPX had … Continue reading →