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Monthly Archives: February 2016
Tuesday update
SHORT TERM: gap down opening, DOW -189 Overnight the Asian markets lost 0.8%. Europe opened lower and lost 1.4%. US index futures were generally lower overnight, and at 9am Case-Shiller was reported lower: +5.7% v +5.8%. The market gapped down … Continue reading
Monday update
SHORT TERM: another gap up and go day, DOW +229 Overnight the Asian markets gained 0.7%. Europe opened higher and gained 1.8%. US index futures were much higher overnight, and the market gapped up to SPX 1935 at the open. … Continue reading
weekend update
REVIEW An eventful holiday shortened week. The market started the week on Tuesday at SPX 1865. After gap up openings on Tuesday/Wednesday the SPX reached 1931. After that it pulled back to 1902 on Friday. For the week the SPX/DOW … Continue reading
Friday update
SHORT TERM: gap down opening then rebound, DOW -22 Overnight the Asian markets lost 0.5%. Europe opened lower and lost 0.5% as well. US index futures were lower overnight, and at 8:30 the CPI was reported unchanged. The market gapped down … Continue reading
Thursday update
SHORT TERM: quiet opening, DOW -40 Overnight the Asian markets gained 1.9%. Europe opened higher but finished mixed. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported lower: 262K v 269K, and the Philly FED was … Continue reading
