Monthly Archives: March 2018

Weekend update

REVIEW. The week started at SPX 2691. After a gap down opening on Monday, a SPX 2676 low, the market rose for the rest of the week. Tuesday had a gap up opening, but the opening was sold at SPX … Continue reading

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Thursday update

SHORT TERM: higher open, pullback, then higher again, DOW +94 Overnight the Asian markets gained 0.7%. Europe opened higher and gained 0.9%. US index futures were higher overnight as well, and at 8:30 weekly jobless claims were reported higher. The … Continue reading

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Tuesday update

SHORT TERM: consolidation day, DOW +9 Overnight the Asian markets gained 0.9%. Europe opened higher and gained 0.2%. US index futures were higher overnight, and the market gapped up to SPX 2732 at the open. The high for the day. … Continue reading

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Weekend update

REVIEW A difficult equity market continues. The week started at SPX 2747. After a gap up opening on Monday the market rallied to SPX 2789 by Tuesday morning. That was the high for the week as a selloff began shortly … Continue reading

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Thursday update

SHORT TERM: flat opening then another selloff, DOW -420 The Asian markets were mixed overnight and lost 0.4%. Europe opened lower and lost 1.3%. US index futures were relatively flat overnight. At 8:30 personal income/spending, the CPI and weekly jobless … Continue reading

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