Monthly Archives: October 2017

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

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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

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Monday update

SHORT TERM: higher open then pullback, DOW -55 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 0.1%. US index futures were higher overnight, and the market opened three points above Friday’s SPX 2575 close. Then it began … Continue reading

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Weekend update

REVIEW The week started off at SPX 2553. The market opened higher on Monday, nudged higher Tuesday, then hit a new high at SPX 2564 on Wednesday. On Thursday the market gapped down at the open to SPX 2548, but … Continue reading

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Friday update

SHORT TERM: gap up opening on tax reform enthusiasm, DOW +166 Overnight the Asian markets gained 0.4%. Europe opened higher but ended flat. US index futures spiked overnight when the Senate passed the 2018 Budget, increasing the opportunity for Tax … Continue reading

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