Category Archives: Updates

Friday update

SHORT TERM: decline continues, DOW -57 Overnight the Asian markets lost 0.5%. Europe opened lower and lost 2.3%. US index futures were lower overnight as well. At 8:30 Personal income +0.4% v +0.2%/spending +0.1% v +0.1% were reported higher and PCE … Continue reading

Posted in Updates | Tagged , , , | 88 Comments

Thursday update

SHORT TERM: afternoon decline, DOW -211 Overnight the Asian markets dropped 1.7%. Europe opened lower but gained 0.1%. US index futures were lower overnight. At 8:30 Q1 GDP was reported lower: +0.5% v +1.4%, and weekly Jobless claims were reported … Continue reading

Posted in Updates | Tagged , , , | 382 Comments

Wednesday update

SHORT TERM: FED still on hold, DOW +51 Overnight the Asian markets lost 0.1%. Europe opened higher and gained 0.5%. US index futures were lower overnight and the market opened six points below yesterday’s SPX 2092 close. Right after the … Continue reading

Posted in Updates | Tagged , , , | 353 Comments

Tuesday update

SHORT TERM: higher open then pullback, DOW +13 Overnight the Asian markets gained 0.5%. Europe opened higher but lost 0.1%. US index futures were higher overnight. At 8:30 Durable goods were reported higher: +0.8% v -2.8%, then at 9am Case-Shiller … Continue reading

Posted in Updates | Tagged , , , | 339 Comments

Monday update

SHORT TERM: pull back continues, DOW -27 Overnight the Asian markets lost 0.7%. Europe opened lower and lost 0.7% as well. US index futures were lower overnight, and the market opened 7 points below Friday’s SPX 2092 close. At 10am … Continue reading

Posted in Updates | Tagged , , , | 259 Comments

Friday update

SHORT TERM: choppy day digesting weak earnings, DOW +21 Overnight the Asian markets gained 0.1%. Europe opened lower and lost 0.3%. US index futures were lower overnight and the market opened down seven points from yesterday’s SPX 2091 close. Right after … Continue reading

Posted in Updates | Tagged , , , | 102 Comments

Thursday update

SHORT TERM: market opens unchanged, DOW -114 Overnight the Asian markets gained 1.5%. Europe opened higher but lost 0.2%. US index futures were relatively flat overnight. At 8:30 weekly Jobless claims were reported lower: 247K v 253K, and the Philly … Continue reading

Posted in Updates | Tagged , , , | 362 Comments