Monthly Archives: November 2017

Monday update

SHORT TERM: flat open, new highs, then pullback, DOW +23 Overnight the Asian markets lost 0.2%. Europe opened lower and lost 0.5%. US index futures were mixed overnight, and the market opened unchanged at SPX 2602. In the opening minutes … Continue reading

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Weekend update

REVIEW The week started at SPX 2579. After a slightly higher open on Monday the market gapped up on Tuesday. The rally continued through Wednesday and Friday, with only a 6 point pullback all week, to reach a new all-time … Continue reading

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Friday update

SHORT TERM: higher open new highs, DOW +32 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 0.2%.US index futures were higher overnight, and the market opened 5 points above Wednesday’s SPX 2597 close. In the opening minutes … Continue reading

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Wednesday update

SHORT TERM: higher open then quiet day, DOW -65 Overnight the Asian markets gained 0.4%. Europe opened lower and lost 0.5%. US index futures were higher overnight, and at 8:30 both weekly jobless claims and durable goods orders were reported … Continue reading

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Tuesday update

SHORT TERM: gap up opening and rally, DOW +161 Overnight the Asian markets gained 1.0%. Europe opened lower but gained 0.5%. US index futures were higher overnight, and the market gapped up at the open to SPX 2592. The SPX … Continue reading

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Monday update

SHORT TERM: quiet open – positive day, DOW +72 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.3%. US index futures were lower, then higher overnight. The market opened one point above Friday’s SPX 2579 close, ticked … Continue reading

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Weekend update

REVIEW The week started at SPX 2582. After a gap down opening on Monday the market rallied to SPX 2588. Then additional gap down openings on Tuesday/Wednesday took the SPX to 2557. Thursday reversed with a gap up opening, rallying … Continue reading

Posted in weekend update | Tagged , , , | 113 Comments