Category Archives: Updates

Tuesday update

SHORT TERM: lower open and pullback, DOW -99 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 0.6%. US index futures were lower overnight, and at 9am Case-Shiller was reported lower. The market opened 4-points below yesterday’s SPX 2439 … Continue reading

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Monday update

SHORT TERM: gap up opening sold, DOW +15 Overnight the Asian markets gained 0.1%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and at 8:30 durable goods were reported lower. The market gapped up to SPX … Continue reading

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Friday update

SHORT TERM: another 10-point range day, DOW -3 Overnight the Asian markets lost 0.2%. Europe opened lower and lost 0.3%. US index futures were higher overnight, but the market opened unchanged at SPX 2435. In the opening minutes the SPX … Continue reading

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Thursday update

SHORT TERM: flat opening then drift, DOW -13 Overnight the Asian markets lost 0.1%. Europe opened lower but gained 0.1%. US index futures were relatively flat overnight, and at 8:30 jobless claims were reported higher. The market opened 1-point above yesterday’s … Continue reading

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Wednesday update

SHORT TERM: cyclical/tech sectors reverse roles, DOW -57 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.3%. US index futures were lower, then higher overnight, and the market opened at SPX 2441. The SPX had closed at … Continue reading

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Tuesday update

SHORT TERM: turnaround Tuesday, DOW -62 Overnight the Asian markets gained 0.1%. Europe opened higher but lost 0.5%. Also overnight FED vice chair Fischer gave a speech in the Netherlands: https://www.federalreserve.gov/newsevents/speech/fischer20170620a.htm. US index futures were lower overnight and the market … Continue reading

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Monday update

SHORT TERM: gap up opening then new highs, DOW +144 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 0.9%. US index futures were higher overnight as well. The market gapped up at the open to SPX 2443 … Continue reading

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