Monthly Archives: December 2016

weekend update

REVIEW Another quiet week as the market did not make much progress either up or down from SPX 2258 where it started the week. The market rallied on Monday/Tuesday to SPX 2273, then drifted lower for the rest of the … Continue reading

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Friday update

SHORT TERM: total daily SPX range 5 points, DOW +15 Overnight the Asian markets open lost 0.1%. Europe opened higher but finished mixed. US index futures were flat overnight and the market opened one point below yesterday’s SPX 2261 close. By 10am … Continue reading

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Thursday update

SHORT TERM: yesterday’s pullback continues, DOW -23 Overnight the Asian markets lost 0.6%. Europe opened lower but gained 0.1%. US index futures were lower overnight. At 8:30 Q3 GDP was reported higher: 3.5% v 3.2%, weekly jobless claims were reported … Continue reading

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Wednesday update

SHORT TERM: holiday season trading, DOW -33 Overnight the Asian markets lost 0.1%. Europe opened higher but lost 0.1% also. US index futures were lower overnight, and the SPX opened two points below yesterday’s 2271 close. In the opening minutes the … Continue reading

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Tuesday update

SHORT TERM: higher open/close in quiet trading, DOW +92 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and the SPX opened 4 points above yesterday’s 2263 close. In the opening … Continue reading

Posted in Updates | Tagged , , , | 80 Comments