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

Posted in weekend update | Tagged , , , | 213 Comments

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

Posted in Updates | Tagged , , , | 27 Comments

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

Posted in Updates | Tagged , , , | 148 Comments

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

Posted in Updates | Tagged , , , | 142 Comments

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

Posted in Updates | Tagged , , , | 222 Comments

Monday update

SHORT TERM: consolidation day, DOW -24 Overnight the Asian markets finished mixed. Europe opened lower and lost 0.5%. US index futures were lower overnight, and the market opened two points below Friday’s SPX 2075 close. As the market continued to … Continue reading

Posted in Updates | Tagged , , , | 92 Comments

weekend update

REVIEW The market started the week at SPX 2033. After some choppy activity on Monday the market rose to SPX 2039 by Tuesday. Wednesday the market pulled back to SPX 2017. Then after two gap up openings the market hit … Continue reading

Posted in weekend update | Tagged , , , | 264 Comments