Monthly Archives: April 2015

Thursday update

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

Posted in Updates | Tagged , , , | 166 Comments

Wednesday update

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

Posted in Updates | Tagged , , , | 131 Comments

Tuesday update

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

Posted in Updates | Tagged , , , | 135 Comments

Monday update

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

Posted in Updates | Tagged , , , | 132 Comments

weekend update

REVIEW The market started the week at SPX 2081, gapped up on Monday/Tuesday hitting 2110, pulled back to 2091 by Wednesday, then with a gap up on Friday hit a new high at 2121. For the week the SPX/DOW gained … Continue reading

Posted in weekend update | Tagged , , , | 188 Comments