Monthly Archives: April 2017

weekend update

REVIEW The market started to week at SPX 2349. After a gap up opening on Monday, and another gap up opening on Tuesday, the market hit SPX 2398 by Wednesday. After that it pulled back to end the week at … Continue reading

Posted in weekend update | Tagged , , , | 119 Comments

Friday update

SHORT TERM: higher open then drift lower, DOW -41 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.1%. US index futures were higher overnight, and at 8:30 Q1 GDP was reported lower: 0.7% v 2.1%. The market … Continue reading

Posted in Updates | Tagged , , , | 10 Comments

Thursday update

SHORT TERM: higher open in sideways session, DOW +6 Overnight Asian markets gained 0.1%. Europe opened lower and lost 0.4%. US index futures were higher overnight. At 8:30 weekly jobless claims were reported higher: 257k v 243k, and durable goods were … Continue reading

Posted in Updates | Tagged , , , | 81 Comments

Wednesday update

SHORT TERM: quiet open and slight loss, DOW -21 Overnight the Asian markets gained 0.7%. Europe opened higher and gained 0.2%. US index futures were flat overnight, and the market opened unchanged at SPX 2389. In the opening minutes the market … Continue reading

Posted in Updates | Tagged , , , | 153 Comments

Tuesday update

SHORT TERM: gap up opening again. DOW +232 Overnight the Asian markets gained 1.1%. Europe opened higher and gained 0.2% after yesterday’s stellar performance. US index futures were higher overnight, and at 9am Case-Shiller was reported higher: 5.8% v 5.6%. … Continue reading

Posted in Updates | Tagged , , , | 182 Comments