Monthly Archives: November 2016

Wednesday update

SHORT TERM: higher open on OPEC deal, DOW +2 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 0.3%. US index futures were higher overnight. At 8:15 the ADP was reported higher: 216K v 147K, at 8:30 personal … Continue reading

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Tuesday update

SHORT TERM: flat opening then rally, DOW +24 Overnight the Asian markets lost 0.2%. Europe opened lower but gained 0.3%. US index futures were higher overnight. At 8:30 Q3 GDP was reported higher: 3.2% v 2.9%, and at 9am Case-Shiller was … Continue reading

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Monday update

SHORT TERM: lower open pullback, DOW -54 Overnight the Asian market gained 0.2%. Europe opened lower and lost 0.9%. US index futures were lower overnight, and the market opened 5 points below Friday’s SPX 2213 record close. After a bump … Continue reading

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weekend update

REVIEW The market started the week at SPX 2182. After a gap up opening Monday the market rallied to SPX 2205 by Tuesday. Then after a pullback to SPX 2195 on Wednesday the market closed out the week at a new … Continue reading

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Friday update

SHORT TERM: shopping Friday, DOW +69 Over the holiday the Asian markets gained 0.8%. Europe opened higher today and gained 0.4%. US index futures were higher over the holiday, and at 8:30 the Trade deficit was reported wider: -$62.0B v … Continue reading

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Wednesday update

SHORT TERM: early pullback then rebound, DOW +59 Overnight the Asian markets gained 0.1%. Europe opened higher but lost 0.3%. US index futures were lower overnight. At 8:30 durable goods were reported higher: +4.8% v -0.1%, weekly jobless claims were … Continue reading

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Tuesday update

SHORT TERM: new highs again, DOW +67 Overnight the Asian markets gained 0.9%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and the market opened 5 points above yesterday’s SPX 2198 record close. In the first … Continue reading

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