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Monthly Archives: May 2017
Wednesday update
SHORT TERM: higher open then pullback, DOW -21 Overnight the Asian markets lost 0.1%. Europe opened higher but lost 0.1%. US index futures were higher overnight and the market opened 3 points above yesterday’s SPX 2413 close. Right after the … Continue reading
Tuesday update
SHORT TERM: lower open pullback, DOW -51 Over the holiday Asian markets gained 0.5%, European markets gained 0.2%, and US index futures were lower. At 8:30 personal income/spending were reported higher, and the CPI was reported higher. At 9am Case-Shiller was … Continue reading
Swarm today at 5pm, and last week’s results
Participation improved in the Swarm last week, and the results continue to be above the average response. After 14 weeks the Swarm is 67% accurate in the 6 sectors we track. And last week it was 67% accurate again. Impressive! If you have not previously … Continue reading
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Tagged elliott wave, investing, markets, OEW, Swarm
weekend update
REVIEW The market started the week at SPX 2382. After a gap up opening on Monday the market continued to rally until it hit a new high at SPX 2419 on Thursday. After that there was a small pullback to … Continue reading
Friday update
SHORT TERM: lower open consolidation day, DOW -3 Overnight the Asian markets gained 0.1%. Europe opened lower but gained 0.1% as well. US index futures were lower overnight. At 8:30 Q1 GDP was reported higher: 1.2% v 0.7%, and durable goods … Continue reading
Thursday update
SHORT TERM: higher open new highs, DOW +71 Overnight the Asian markets gained 0.9%. Europe opened lower and ended mixed. US index futures were higher overnight, and at 8:30 weekly jobless claims were reported higher: 234k v 233k. The market … Continue reading
Wednesday update
SHORT TERM: higher open and move higher, DOW +75 Overnight the Asian markets gained 0.2%. Europe opened higher and gained 0.1%. US index futures were higher overnight, and the market opened 4 points above yesterday’s SPX 2398 close. After the open … Continue reading
