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Monthly Archives: November 2015
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
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
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
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
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