Monthly Archives: September 2015

Wednesday update

SHORT TERM: end of quarter rally, DOW +236 Overnight the Asian markets gained 1.8%. Europe opened higher and gained 2.5%. US index futures were much higher overnight, and at 8:15 the ADP was reported higher: 200k v 190k. The market … Continue reading

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Tuesday update

SHORT TERM: consolidation day, DOW +47 Overnight the Asian markets lost 2.2%. Europe opened lower and lost 0.4%. US index futures were higher overnight, and at 9am Case-Shiller was reported unchanged: +5.0% v +5.0%. The market opened four points above … Continue reading

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Monday update

SHORT TERM: red Monday follows blood moon, DOW -313 Overnight the Asian markets lost 1.1%. Europe opened lower and lost 2.5%. Early this morning FED governor Tarullo’s speech was released: http://www.federalreserve.gov/newsevents/speech/tarullo20150928a.htm. At 8:30 Personal income (+0.3% v +0.4%) / spending (+0.4% … Continue reading

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weekend update

REVIEW The market started the week at SPX 1958. After a short-lived gap up opening on Monday to SPX 1980 the market headed lower into Thursday when hitting SPX 1909. Then after a morning low the market rallied into Thursday’s … Continue reading

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Friday update

SHORT TERM: gap up opening, DOW +113 Yesterday, after the close, FED chair Yellen gave the following speech: http://www.federalreserve.gov/newsevents/speech/yellen20150924a.htm. Overnight the Asian markets gained 0.8%. Europe opened higher and rallied 2.9%. US index futures were higher overnight, and at 8:30 Q2 … Continue reading

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Thursday update

SHORT TERM: gap down opening, DOW -79 Overnight the Asian markets lost 1.2%. Europe opened lower and lost 1.9%. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported higher: 267k v 264k, and Durable goods were … Continue reading

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Wednesday update

SHORT TERM: quiet open and choppy day, DOW -51 Overnight the Asian markets lost 0.6%. Europe opened lower but gained 0.7%. US index futures were sharply lower but recovered before the open. The market opened two points above yesterday’s SPX 1943 … Continue reading

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