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Monthly Archives: September 2016
weekend update
REVIEW The week started at SPX 2139. The market rallied, after a gap up opening, to SPX 2154 on Monday. Then after the opening gap was closed on Monday the market finished unchanged. This sequence continued on Tuesday: gap up … Continue reading
Friday update
SHORT TERM: pullback ends choppy week, DOW -131 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.3%. US index futures were lower overnight, and the market opened 5 points below yesterday’s SPX 2177 close. The market continued … Continue reading
Thursday update
SHORT TERM: fourth gap up opening, DOW +99 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 1.9%. US index futures were higher overnight as well. At 8:30 weekly jobless claims were reported lower: 252K v 260K, then … Continue reading
Wednesday update
SHORT TERM: gap up, fade, then rally, DOW +164 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 0.3%. US index futures were again higher overnight, and the market gapped up to SPX 2149 at the open. The … Continue reading
Tuesday update
SHORT TERM: another gap up opening sold, DOW +10 Overnight the Asian markets lost 0.2%. Europe opened higher and gained 0.1%. US index futures were higher overnight. At 8:30 building permits were reported lower: 1139K v 1152K, and housing starts … Continue reading
