Monthly Archives: November 2015

Monday update

SHORT TERM: sideways/choppy activity continues, DOW -79 Overnight Asian markets lost 0.4%. Europe opened higher and gained 0.4%. US index futures were higher overnight and the market opened four points above Friday’s SPX 2090 close. Right after the open the … Continue reading

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weekend update

REVIEW The market started the holiday shortened week at SPX 2089. The market rallied to one point below the recent rally high at SPX 2097 on Monday. Then declined, helped by a gap down opening, to SPX 2070 on Tuesday. After … Continue reading

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Friday update

SHORT TERM: choppy black Friday trading, DOW -15 Overnight the Asian markets lost 1.0%. Europe opened lower and lost 0.3%. US index futures were much higher over holiday trading, but gave most of it back heading into the open. The … Continue reading

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Wednesday update

SHORT TERM: quiet pre-holiday trading, DOW +1 Overnight the Asian market lost 0.4%. Europe opened higher and gained 1.6%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported lower: 260K v 271K, Personal income (+0.4% v -0.1%)/spending … Continue reading

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Tuesday update

SHORT TERM: gap down opening, DOW +20 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 1.1%. US index futures were lower overnight. At 8:30 Q3 GDP was reported higher: +2.1% v +1.5%, then at 9am Case-Shiller was … Continue reading

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Monday update

SHORT TERM: market pulls back, DOW -31 Overnight the Asian markets lost 0.2%. Europe opened lower and lost 0.4%. US index futures were lower overnight but the market opened unchanged at SPX 2089. In the opening minutes the market bounced … Continue reading

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weekend update

REVIEW The market started the week at SPX 2023. After a big gap down Sunday night in index futures trading the market worked its way back up to open at SPX 2019 – the low for the week. After that the … Continue reading

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