Monthly Archives: October 2015

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

Friday update

SHORT TERM: another gap up and go day, DOW +158 Overnight the Asian markets gained 1.3%. Europe opened higher and gained 2.2%. US index futures were higher overnight, and the market gapped up at the open to SPX 2072. The … Continue reading

Posted in Updates | Tagged , , , | 39 Comments

Thursday update

SHORT TERM: gap up and go, DOW +321 Overnight the Asian markets lost 0.4%. Europe opened lower but gained 1.7%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported higher: 259K v 255K, then at 9am … Continue reading

Posted in Updates | Tagged , , , | 289 Comments

Wednesday update

SHORT TERM: gap up opening sold, DOW -49 Overnight the Asian markets gained 0.9%. Europe opened higher and gained 0.5%. US index futures were higher overnight, and the market gapped up to SPX 2038 at the open. That was the … Continue reading

Posted in Updates | Tagged , , , | 165 Comments