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Monthly Archives: March 2018
Sorry, no update this weekend. Not much to add anyway, as the markets remain volatile and the correction complex. Enjoy the long weekend!
SHORT TERM: gap up opening volatility continues, DOW +295 Overnight the Asian markets lost 1.5%. Europe opened lower but gained 0.2%. US index futures were higher overnight. At 8:30 weekly jobless claims were reported lower, and personal income/spending higher. The … Continue reading
SHORT TERM: volatility continues, DOW -345 Overnight the Asian markets gained 1.3%. Europe opened higher and gained 1.4%. US index futures were higher overnight, and at 9am Case-Shiller was reported lower. The market gapped up at the open to SPX … Continue reading
REVIEW Another big down week for the market. The week started at SPX 2752. After a gap down opening on Monday the market traded below key support at SPX 2732, then dropped below 2700. By Wednesday the market had rallied … Continue reading