Monthly Archives: November 2015

Friday update

SHORT TERM: gap up opening, DOW +91 Last night, just after the close, FED vice chair Fischer gave a speech: http://www.federalreserve.gov/newsevents/speech/fischer20151119a.htm. Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.1%. US index futures were higher overnight, heading into … Continue reading

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Thursday update

SHORT TERM: consolidation day, DOW -4 Overnight the Asian markets gained 1.3%. Europe opened higher and gained 0.7%. US index futures were higher, then lower overnight. At 8:30 weekly Jobless claims were reported lower: 271K v 276K, and the Philly … Continue reading

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Wednesday update

SHORT TERM: gap up opening, DOW +248 Overnight the Asian markets lost 0.5%. Europe opened lower and lost 0.2%. US index futures were higher overnight. At 8:30 Housing starts were reported lower: 1060K v 1206K, and Building permits were reported … Continue reading

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Tuesday update

SHORT TERM: rally then pullback, DOW +6 Overnight the Asian markets gained 0.9%. Europe opened higher and gained 2.4%. US index futures were higher overnight as well. At 8:30 the CPI was reported higher: +0.2% v -0.2%, and at 9:15 … Continue reading

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Monday update

SHORT TERM: market rebounds, DOW +238 On Friday the 13th there was a terrible series of terrorists attacks in Paris. Our prayers go out to our fellow brothers and sisters in France. Overnight the Asian markets lost 0.7%. European markets … Continue reading

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weekend update

REVIEW The market started the week at SPX 2099. After a gap down opening on Monday the market quickly dropped to SPX 2068. After that it rallied into Wednesday and hit SPX 2087. On Thursday/Friday the market had two successive … Continue reading

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Friday update

SHORT TERM: gap down opening, DOW -203 Last night FED vice chair Fischer gave a speech: http://www.federalreserve.gov/newsevents/speech/fischer20151112a.htm. Overnight the Asian market lost 1.3%. Europe opened lower and lost 0.9%. US index futures were lower overnight, and at 8:30 the PPI … Continue reading

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