Monthly Archives: August 2016

SHORT TERM: pullback then rebound, DOW -53 Overnight the Asian markets gained 0.4%. Europe opened lower and lost 0.4%. US index futures were relatively flat overnight, and at 8:15 the ADP was reported lower: 177K v 179K. The market opened … Continue reading →

SHORT TERM: market pulls back again, DOW -49 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 0.5%. US index futures were flat overnight, and at 9am Case-Shiller was reported higher: 5.1% v 5.2%. The market opened at … Continue reading →

SHORT TERM: market rebounds, DOW +108 Overnight the Asian markets gained 0.8%. Europe opened lower and lost 0.3%. US index futures were higher overnight. At 8:30 personal income (0.4% v 0.2%)/spending (0.3% v 0.4%) were reported higher, and PCE prices … Continue reading →

SHORT TERM: the FED gives the market a pulse, DOW -53 Overnight the Asian markets lost 0.3%. Europe opened lower but gained 0.6%. US index futures were higher overnight, and at 8:30 the Q2 GDP estimate was lowered: 1.1% v … Continue reading →