Monthly Archives: March 2016

Thursday update

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

Posted in Updates | Tagged , , , | 298 Comments

Wednesday update

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

Posted in Updates | Tagged , , , | 302 Comments

Tuesday update

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

Posted in Updates | Tagged , , , | 384 Comments

Monday update

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

Posted in Updates | Tagged , , , | 220 Comments

weekend update

REVIEW The week started at SPX 2050. After a somewhat choppy move higher to SPX 2057 by Tuesday, the market pulled back to SPX 2022 on Thursday. Then it rose for the rest of the day to close at SPX … Continue reading

Posted in weekend update | Tagged , , , | 322 Comments