Category Archives: Updates

Monday update

SHORT TERM: market rebounds, DOW +108 Overnight the Asian markets gained 0.8%. Europe opened lower and lost 0.3%. US index futures were higher overnight. At 8:30 personal income (0.4% v 0.2%)/spending (0.3% v 0.4%) were reported higher, and PCE prices … Continue reading

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Friday update

SHORT TERM: the FED gives the market a pulse, DOW -53 Overnight the Asian markets lost 0.3%. Europe opened lower but gained 0.6%. US index futures were higher overnight, and at 8:30 the Q2 GDP estimate was lowered: 1.1% v … Continue reading

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Thursday update

SHORT TERM: lower open then trading range, DOW -33 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.6%. US index futures were lower as well. At 8:30 weekly jobless claims were reported lower: 261K v 262K, and … Continue reading

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Wednesday update

SHORT TERM: pullback continues, DOW -66 Overnight the Asian markets ended mixed. Europe opened lower but gained 0.4%. US index futures were lower overnight, and at 9am FHFA prices were reported higher: 0.2% v 0.2%. The market opened three points … Continue reading

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Tuesday update

SHORT TERM: gap up opening then market stalls, DOW +18 Overnight the Asian markets lost o.2%. Europe opened higher and gained 0.7%. US index futures were higher overnight and the market gapped up to SPX 2192 at the open. The … Continue reading

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Monday update

SHORT TERM: lower open then choppy day, DOW -23 Yesterday FED vice chair Fischer gave a speech: http://www.federalreserve.gov/newsevents/speech/fischer20160821a.htm. Overnight the Asian markets gained 0.1%. Europe opened higher but lost 0.4%. US index futures were choppy overnight and the market opened … Continue reading

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Friday update

SHORT TERM: lower open choppy day, DOW -45 Overnight the Asian markets were mixed. Europe opened lower and lost 0.5%. US index futures were lower overnight, and the market opened 7 points below yesterday’s SPX 2187 close. In the first … Continue reading

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