Monthly Archives: September 2017

Weekend update

REVIEW The market started the week at SPX 2502. After pullback to SPX 2488, on another N.K. event, the market rebounded for the rest of the week. By Friday the SPX was making new highs at 2519. For the week the … Continue reading

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Friday update

SHORT TERM: quiet open then new highs, DOW +24 Overnight the Asian markets gained 0.2%. Europe opened higher and gained 0.8%. US index futures were flat overnight. At 8:30 personal income/spending were reported higher, and the PCE was higher. The … Continue reading

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Thursday update

SHORT TERM: consolidation day, DOW +40 Overnight the Asian markets were mixed. Europe opened higher and gained 0.2%. US index futures were lower overnight. At 8:30 Q2 GDP was raised to +3.1%, and weekly jobless claims were higher. The market … Continue reading

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Wednesday update

SHORT TERM: gap up opening then new ATHs, DOW +56 Overnight the Asian markets lost 0.4%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and at 8:30 durable goods orders were reported higher. The market gapped … Continue reading

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Tuesday update

SHORT TERM: higher open then pullback, DOW -12 Overnight the Asian markets lost 0.1%. Europe opened lower and finished mixed. US index futures were higher overnight, and at 9am Case-Shiller was reported higher. The market opened 4 points above yesterday’s … Continue reading

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Monday update

SHORT TERM: lower open then substantial pullback, DOW -54 Overnight the Asian markets lost 0.6%. Europe opened lower and lost 0.1%. US index futures were lower overnight, and the market opened three points below Friday’s SPX 2502 close. In the … Continue reading

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Weekend update

REVIEW The market started the week at SPX 2500, and didn’t stray too much from that level all week. On Monday the market opened higher, hit a new high in the opening minutes at SPX 2508. Then after only an 8-point … Continue reading

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