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Monthly Archives: October 2015
weekend update
REVIEW The market started the week at SPX 2075. After drifting lower on Monday the market declined, aided by a gap down opening, to SPX 2059 on Tuesday. Then the market rallied to SPX 2085 on Wednesday ahead of the … Continue reading
Friday update
SHORT TERM: another choppy day, DOW -92 Overnight the Asian markets lost 0.2%. Europe opened higher and gained 0.1%. US index futures were higher overnight. At 8:30 Personal income (+0.1% v +0.3%) / spending (+0.1% v +0.4%) were reported higher, and the … Continue reading
Thursday update
SHORT TERM: consolidation day, DOW -24 Overnight the Asian markets lost 0.4%. Europe opened higher but lost 0.4% as well. US index futures were lower overnight. At 8:30 Q3 GDP was reported lower: +1.5% v +3.9%, (the market had little … Continue reading
Wednesday update
SHORT TERM: volatile FOMC day, DOW +198 Overnight the Asian markets lost 0.3%. Europe opened higher and gained 1.2%. US index futures were higher overnight, and the market opened four points above yesterday’s SPX 2066 close. In the opening minutes … Continue reading
Tuesday update
SHORT TERM: gap down opening, DOW -42 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.9%. US index futures were lower overnight. At 8:30 Durable goods were reported lower: -1.2% v -2.3%, and at 9am Case-Shiller was … Continue reading
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