Category Archives: Updates

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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Friday update

SHORT TERM: gap up opening friday, DOW +66 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 1.3%. US index futures were higher overnight, and the market gapped up at the open to SPX 2048. The market had … Continue reading

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Thursday update

SHORT TERM: gap down opening, DOW -91 Overnight the Asian markets lost 0.6%. Europe opened lower and lost 1.4%. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported lower: 278K v 294K, and the Philly FED … Continue reading

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Wednesday update

SHORT TERM: another volatile FOMC day, DOW -3 Overnight the Asian markets lost 0.6%. Europe opened lower but gained 0.3%. US index futures were choppy overnight, and the market opened six points below yesterday’s SPX 2047 close. In the opening … Continue reading

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Tuesday update

SHORT TERM: quiet open then selloff, DOW -181 Overnight the Asian markets gained 0.9%. Europe opened higher but lost 0.2%. US index futures were choppy overnight. At 8:30 the CPI was reported higher: +0.4% v +0.1%, Building permits were higher: … Continue reading

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Monday update

SHORT TERM: quiet open then big rally, DOW +175 Overnight the Asian markets gained 0.6%. Europe opened lower but finished mixed. US index futures were lower, then higher overnight. At 8:30 the NY FED was reported lower: -9.0 v +9.6. … Continue reading

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Friday update

SHORT TERM: decline resumes, DOW -185 Overnight the Asian markets lost 1.2%. Europe opened lower but gained 0.7%. US index futures were lower overnight. At 8:30 Retail sales were reported higher: +1.3% v -0.3%, and the PPI was reported higher: … Continue reading

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