Category Archives: Updates

Friday update

SHORT TERM: consolidation day, DOW +34 Overnight the Asian markets lost 0.3%. Europe opened higher but finished mixed. Before the open FED vice chair Fischer’s speech was released: http://www.federalreserve.gov/newsevents/speech/fischer20150327a.htm. US index futures were higher then lower overnight, and at 8:30 … Continue reading

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Thursday update

SHORT TERM: gap down opening, DOW -40 Overnight the Asian markets lost 1.2%. Europe opened lower and lost 0.6%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported lower: 282k v 291k. The market gapped … Continue reading

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Wednesday update

SHORT TERM: gap up opening immediately reversed, DOW -293 Overnight the Asian markets gained 0.2%. European markets opened lower and lost 0.9%. US index futures were higher overnight, and at 8:30 Durable goods orders were reported lower: -1.4% v +2.8%. … Continue reading

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Tuesday update

SHORT TERM: pullback continues, DOW -105 Overnight the Asian markets lost 0.2%. European markets opened lower bit gained 0.5%. US index futures were higher overnight. At 8:30 the CPI was reported higher: +0.2% v -0.7%, then at 9am FHFA housing prices were … Continue reading

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Monday update

SHORT TERM: consolidation day, DOW -12 Overnight the Asian markets gained 0.4%. Europe opened lower and lost 0.3%. US index futures were lower overnight, but the market opened two points above Friday’s SPX 2108 close and continued to move higher. At … Continue reading

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weekend update

REVIEW The market started the week at SPX 2053. On Monday the market gapped up and hit SPX 2083. Then after two gap down openings the market pulled back to SPX 2061 by Wednesday, before the FOMC statement. After a … Continue reading

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Friday update

SHORT TERM: gap up and go options expiration, DOW +169 Overnight the Asian markets lost 0.2%. Europe opened higher and gained 1.0%. US index futures were higher overnight, and the market gapped up to SPX 2098 at the open. The … Continue reading

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