Monthly Archives: June 2015

Wednesday update

SHORT TERM: gap down opening pullback, DOW -178 Overnight the Asian markets gained 0.1%. Europe opened higher but lost 0.2%. US index futures were lower overnight, and at 8:30 Q1 GDP was reported in line with expectations: -0.2% v -0.7%. The … Continue reading

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Tuesday update

SHORT TERM: consolidation day, DOW +24 Overnight the Asian markets gained 1.0%. Europe opened higher and gained 0.7%. US index futures were also higher overnight. At 8:30 Durable goods were reported lower: -1.8% v -1.0%, then at 9am FHFA housing … Continue reading

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Monday update

SHORT TERM: gap up opening starts week, DOW +104 Overnight the Asian markets gained 1.4%. Europe opened higher and gained 3.1%. US index futures were higher overnight, and the market gapped up to SPX 2123 at the open. The market … Continue reading

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weekend update

REVIEW Very interesting week. The week started off at SPX 2094. On Monday the market gapped down, hit the low for the week at SPX 2072, which was last week’s low, and then started to rally. By Wednesday, after a … Continue reading

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Friday update

SHORT TERM: market pulls back, DOW -101 Overnight the Asian markets gained 0.6%. Europe opened higher but finished mixed. US index futures were higher overnight, but turned lower before the open. The market opened at SPX 2119 and began to … Continue reading

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