Monthly Archives: October 2016

Wednesday update

SHORT TERM: flat open quiet trading, DOW +41 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.3%. US index futures were lower overnight. At 8:30 housing starts were reported lower: 1047K v 1142K, but building permits were … Continue reading

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Tuesday update

SHORT TERM: gap up opening, DOW +76 Overnight the Asian markets gained 1.3%. Europe opened higher and gained 1.1%. US index futures were higher overnight on positive earnings reports, and at 8:30 the CPI was reported higher: 0.3% v 0.2%. The … Continue reading

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Monday update

SHORT TERM: flat opening then drift down day, DOW -52 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.7%. US index futures were lower overnight. At 8:30 the NY FED was reported lower: -6.8% v -2.0%. Then … Continue reading

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weekend update

REVIEW The week started at SPX 2154. After a gap up opening on Monday the SPX hit 2170. Then the SPX started a three day decline, aided by a gap down opening on Thursday, to SPX 2115. After that morning low it … Continue reading

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Friday update

SHORT TERM: gap up opening then pullback, DOW +39 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 1.2%. US index futures were higher overnight. At 8:30 the PPI was reported higher: 0.3% v 0.0%, and retail sales … Continue reading

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