Monthly Archives: March 2016

SHORT TERM: end of month, end of quarter, DOW -32 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.9%. US index futures were flat overnight, and at 8:30 weekly Jobless claims were reported higher: 276K v 265K. … Continue reading →

SHORT TERM: gap up opening, DOW +84 Overnight the Asian markets gained 0.9%. Europe opened higher and gained 1.7%. US index futures were higher overnight, and at 8:15 the ADP index was reported lower: 200K v 214K. The market gapped … Continue reading →

SHORT TERM: Yellen feeds the bulls, DOW +98 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.4%. US index futures were lower overnight, and at 9am Case-Shiller was reported unchanged at +5.7%. The market opened six points below … Continue reading →

SHORT TERM: quiet day, DOW +20 Overnight the Asian markets lot 0.7%. Europe was closed for holiday. US index futures were higher overnight. At 8:30 PCE prices were reported higher: +0.1% v +0.3%, and Personal income (+0.2% v +0.5%)/spending (+0.1% … Continue reading →

SHORT TERM: gap down opening: then rebound, DOW +13 Overnight the Asian markets lost 0.6%. Europe opened lower and lost 1.7%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported unchanged at 265K, plus Durable … Continue reading →

SHORT TERM: lower open: lower close, DOW -80 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.1%. US index futures were lower overnight, and the market opened five points below yesterday’s SPX 2050 close. At 10am New … Continue reading →