Monthly Archives: September 2015

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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Tuesday update

SHORT TERM: gap down opening, DOW -180 Overnight the Asian markets lost 1.0%. Europe opened lower and lost 3.3%. US index futures were lower overnight, and at 9am the FHFA was reported higher: +0.6% v +0.2%. The market gapped down … Continue reading

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Monday update

SHORT TERM: gap up opening, DOW +126 Overnight the Asian markets lost 1.0%. Europe opened lower but gained 0.5%. US index futures were higher overnight, and the market gapped up at the open to SPX 1966. At 10am Existing home … Continue reading

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weekend update

REVIEW Another wild FOMC week. The market started the week at SPX 1961. After a pullback to SPX 1948 on Monday, the market rallied to 2004 just before the FED announcement. After they announced no change in the ZIRP the SPX … Continue reading

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