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Monthly Archives: July 2015
weekend update
REVIEW The week started off at SPX 2127. After a rally to SPX 2133 on Monday, completing eight straight days of higher highs/lows, the market headed lower for the rest of the week, with four straight days of lower highs/lows. … Continue reading
Friday update
SHORT TERM: selling continues, DOW -163 Overnight the Asian markets lost 0.9%. Europe opened lower and lost 1.0%. US index futures were higher overnight, and the SPX opened at 2106. Right after that spike high opening, again not support by … Continue reading
Thursday update
SHORT TERM: pullback continues, DOW -119 Overnight Asian markets gained 0.1%. Europe opened higher but lost 0.1%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported lower: 255k v 281k. The market opened two points above … Continue reading
Wednesday update
SHORT TERM: gap down opening, DOW -68 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.9%. US index futures were lower overnight, and at 9am the FHFA was reported higher: +0.4% v +0.3%. The market gapped down … Continue reading
Tuesday update
SHORT TERM: turnaround Tuesday, DOW -180 Overnight the Asian markets gained 0.2%. Europe opened lower and lost 0.7%. US index futures were relatively flat overnight, and the market opened three points below yesterday’s SPX 2128 close. By 10am the market … Continue reading
