Monthly Archives: October 2016

Tuesday update

SHORT TERM: pullback Tuesday, DOW -54 Overnight the Asian markets gained 0.1%. Europe opened higher and gained 0.1%. US index futures were higher, then lower, overnight. At 9am Case-Shiller was reported higher: 5.1% v 5.0%, and the FHFA index was … Continue reading

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Monday update

SHORT TERM: gap up opening post op-ex, DOW +77 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.1%. US index futures were higher overnight, and the market gapped up to SPX 2152 at the open. The SPX … Continue reading

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weekend update

REVIEW Another choppy week. The week started at SPX 2133. After a decline on Monday to SPX 2124 the market rallied to 2148 by Wednesday. Then monthly options expiration kicked in and the market declined to SPX 2130 by Friday. … Continue reading

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Friday update

SHORT TERM: gap down opening then rebound, DOW -17 Overnight the Asian markets lost 0.1%. Europe opened higher but finished mixed. US index futures were lower overnight, and the market gapped down to SPX 2133 at the open. The SPX … Continue reading

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Thursday update

SHORT TERM: choppy Thursday Op-ex, DOW -40 Overnight the Asian markets gained 0.7%. Europe opened lower but gained 0.3%. US index futures were higher overnight, but then backed off when the ECB made no changes. At 8:30 weekly jobless claims … Continue reading

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