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Monthly Archives: June 2017
Friday update
SHORT TERM: another gap up opening, DOW +63 Overnight the Asian markets lost 0.5%. Europe opened lower and lost 0.6%. US index futures ignored all that and were higher overnight. At 8:30 personal income/spending was reported higher, and the CPI … Continue reading
Thursday update
SHORT TERM: slightly higher open then selloff, DOW -168 Overnight the Asian markets gained 0.6%. Europe opened higher but lost 1.4%. US index futures were higher overnight. At 8:30 Q1 GDP was reported higher at 1.4%, and jobless claims were … Continue reading
Wednesday update
SHORT TERM: gap up opening rally, DOW +144 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.3%. US index futures ignored all that and were higher heading into the open. The market gapped up at the open … Continue reading
Tuesday update
SHORT TERM: lower open and pullback, DOW -99 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 0.6%. US index futures were lower overnight, and at 9am Case-Shiller was reported lower. The market opened 4-points below yesterday’s SPX 2439 … Continue reading
Swarm today at 5pm, and last week’s results
Participation remained steady in the Swarm last week, and the results continue to be above the average response. Last week’s result were 4 of 6 correct. After 18 weeks the Swarm is 63% accurate in the 6 sectors we track. Impressive! If you have not previously … Continue reading
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Tagged elliott wave, investing, markets, OEW, Swarm
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