Author Archives: tony caldaro

About tony caldaro

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weekend update

REVIEW The market started the week at SPX 2052. After a small pullback to SPX 2047 on Monday the market started to rally. Tuesday and Wednesday had gap up openings as the SPX reached 2095. Then for the remainder of … Continue reading

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Friday update

SHORT TERM: market drifts higher, DOW +45 Overnight the Asian markets gained 0.8%. Europe opened lower but gained 0.1%. US index futures were higher overnight, and at 8:30 Q1 GDP was reported higher: +0.8% v +0.5%. The market opened two … Continue reading

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Thursday update

SHORT TERM: quiet day ahead of Friday’s GDP report, DOW -23 Overnight the Asian markets gained 0.6%. Europe opened higher and gained 0.5%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported lower: 268K v 278K, … Continue reading

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Wednesday update

SHORT TERM: gap up opening again, DOW +145 Overnight the Asian markets gained 2.2%. Europe opened higher and gained 1.1%. US index futures were higher overnight, and at 9am FHFA housing was reported higher: +0.7% v +0.4%. The market gapped up … Continue reading

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Tuesday update

SHORT TERM: gap up opening. DOW +213 Overnight the Asian markets lost 0.2%. Europe opened lower but gained 2.1%. US index futures were higher overnight, and the market gapped up at the open to SPX 2060 and continued to rally. … Continue reading

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Monday update

SHORT TERM: quiet day, DOW -8 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.5%. US index futures were relatively flat overnight, and the market opened one point below Friday’s SPX 2052 close. By 10:30 the SPX had … Continue reading

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weekend update

REVIEW The market started the week at SPX 2047. After a rally to SPX 2072 on Monday, the market worked its way down to SPX 2026 by Thursday. Then an options expiration on Friday closed the week at SPX 2052. … Continue reading

Posted in weekend update | Tagged , , , | 345 Comments