Monthly Archives: March 2018

Weekend update

Sorry, no update this weekend. Not much to add anyway, as the markets remain volatile and the correction complex. Enjoy the long weekend!

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Thursday update

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

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Tuesday update

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

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Weekend update

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

Posted in weekend update | Tagged , , , | 501 Comments

Thursday update

SHORT TERM: gap down opening, then volatile day, DOW -724 Overnight the Asian markets lost 0.2%. Europe opened lower and lost 1.4%. US index futures were lower overnight, and the market gapped down to SPX 2679 at the open. The … Continue reading

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Tuesday update

SHORT TERM: higher open then choppy, DOW +116 Overnight the Asian markets ended mixed. Europe opened higher and gained 0.5%. US index futures were higher overnight, and the market opened 8-points above yesterday’s SPX 2713 close. The market then moved … Continue reading

Posted in Updates | Tagged , , , | 415 Comments

Weekend update

REVIEW The week started at SPX 2787. After rallying to SPX 2802 by Tuesday morning the market headed lower into Thursday. Then after a SPX 2741 Thursday low the market hit 2762 on Friday. But closed at SPX 2752 for … Continue reading

Posted in weekend update | Tagged , , , | 461 Comments