Monthly Archives: October 2017

Tuesday update

SHORT TERM: higher open then sideways, DOW +29 Overnight the Asian markets lost 0.2%. Europe opened higher and gained 0.2%. US index futures were higher overnight. At 9am Case-Shiller was reported higher. The market opened three points above yesterday’s SPX … Continue reading

Posted in Updates | Tagged , , , | 191 Comments

Monday update

SHORT TERM: gap down opening, DOW -85 Overnight the Asian markets were mixed. Europe opened higher but ended mixed as well. US index futures were lower overnight, and at 8:30 personal income/spending were both reported higher. The market gapped down … Continue reading

Posted in Updates | Tagged , , , | 108 Comments

Weekend update

REVIEW The week started at SPX 2575. After a higher open on Monday to a new all-time high of SPX 2578 the market started to pullback. By Wednesday noon the SPX had reached 2544, and then started to rally. Thursday … Continue reading

Posted in weekend update | Tagged , , , | 155 Comments

Friday update

SHORT TERM: tech earnings gap up opening, DOW +33 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 0.5%. US index futures were higher overnight, and at 8:30 Q3 GDP was reported higher. The market gapped up at … Continue reading

Posted in Updates | Tagged , , , | 28 Comments

Thursday update

SHORT TERM: gap up opening then lower, DOW +71 Overnight the Asian markets gained 0.1%. Europe opened higher, the ECB started EQE tapering, and the markets gained 1.1%. US index futures were higher overnight, and at 8:30 weekly jobless claims … Continue reading

Posted in Updates | Tagged , , , | 150 Comments

Wednesday update

SHORT TERM: lower open, larger pullback, DOW -112 Overnight the Asian markets gained 0.3%. Europe opened lower and lost 0.7%. US index futures were lower overnight, and at 8:30 durable goods were reported higher. The market opened three points below … Continue reading

Posted in Updates | Tagged , , , | 154 Comments

Tuesday update

SHORT TERM: DOW carries market higher, DOW +168 Overnight the Asian markets gained 0.1%. Europe opened lower but gained 0.1% as well. US index futures were about unchanged overnight until earnings started being reported. Then turned higher. The market opened … Continue reading

Posted in Updates | Tagged , , , | 114 Comments