Monthly Archives: August 2015

Tuesday update

SHORT TERM: gap up opening fails, DOW -205 Overnight the Asian market were still lower -0.8%. Europe opened higher and rebounded +3.9%. US index futures were much higher overnight. At 9am Case-Shiller was reported higher: +5.0% v +4.9%, and FHFA … Continue reading

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Monday update

SHORT TERM: flash crash Monday, DOW -588 Overnight the ES futures opened 10 points below Friday’s close. After an hour or so they were 20 points lower. Overnight they dropped to 60 points lower. Then about 1/2 hour before the open … Continue reading

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weekend update

REVIEW The market started the week at SPX 2092. After a gap down opening on Monday the market quickly recovered to hit SPX 2103. It traded at that level again on Tuesday, and then ran into three straight gap down … Continue reading

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Friday update

SHORT TERM: fourth gap down opening this week, DOW -531 Overnight the Asian markets lost 1.8%. Europe opened lower and lost 2.7%. US index futures were lower overnight as well, and the market gapped down at the open to SPX … Continue reading

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Thursday update

SHORT TERM: another gap down opening, DOW -358 Overnight the Asian markets lost 1.4%. Europe opened lower and lost 1.7%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported higher: 277k v 274k. The market … Continue reading

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