Monthly Archives: November 2016

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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Monday update

SHORT TERM: SPX makes all time high, DOW +89 Overnight the Asian markets lost 0.3%. Europe opened higher and gained 0.3%. US index futures were higher overnight, and the market gapped up to SPX 2191 at the open. The market … Continue reading

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weekend update

REVIEW The market started the week at SPX 2164. After a bounce to SPX 2171 on Monday the market pulled back to 2156. On Tuesday the SPX hit 2181, but this was followed by a pullback to 2171 on Wednesday. … Continue reading

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Friday update

SHORT TERM: quiet pullback day, DOW -36 Overnight the Asian markets gained 0.3%. Europe opened higher but lost 0.3%. US index futures were lower overnight, but the market opened up one point from yesterday’s SPX 2187 close. In the opening … Continue reading

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