Monthly Archives: May 2015

weekend update

REVIEW The market opened the week at SPX 2123. It then made marginal new all time highs on Monday, Tuesday, and also Wednesday, before going into a trading range for the rest of the week. The entire range for the week … Continue reading

Posted in weekend update | Tagged , , , | 148 Comments

Friday update

SHORT TERM: trendless pre-holiday trading, DOW -54 Overnight the Asian markets gained 0.8%. Europe opened lower and lost 0.1%. US index futures were lower overnight, and at 8:30 the CPI was reported higher: +0.1% v +0.2%. The market opened two … Continue reading

Posted in Updates | Tagged , , , | 17 Comments

Thursday update

SHORT TERM: drift higher continues, DOW unchanged Overnight the Asian markets were mixed. Europe opened lower but gained 0.2%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported higher: 274k v 264k. The market opened … Continue reading

Posted in Updates | Tagged , , , | 71 Comments

Wednesday update

SHORT TERM: marginal new highs again, DOW -27 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 0.2%. US index futures were higher overnight, and the market opened one point above yesterday’s SPX 2128 close. After the open … Continue reading

Posted in Updates | Tagged , , , | 98 Comments

Asian market update 2015

We track eight country indices in the Asian group. Generally they all bottomed around 2008/2009, surged higher into 2010/2011, corrected, and then most turned quite choppy. A few in the group emerged out of the choppiness and actually started impulsing after beginning … Continue reading

Posted in selected charts | Tagged , , , | 9 Comments