Category Archives: Updates

Monday update

SHORT TERM: Monday rebound, DOW +156 Overnight the Asian markets gained 0.4%. Europe opened higher but lost 0.3%. US index futures were mixed overnight. At 8:30 Personal income was report higher: +0.3% v +0.3%, Personal spending lower: -0.2% v -0.3%, … Continue reading

Posted in Updates | Tagged , , , | 49 Comments

Friday update

SHORT TERM: pullback continues, DOW -82 Overnight the Asian markets gained 0.6%. Europe opened higher and gained 0.5%. US index futures were lower overnight, and at 8:30 Q2 GDP was reported lower: +2.2% v +2.6%. The market opened one point … Continue reading

Posted in Updates | Tagged , , , | 23 Comments

Thursday update

SHORT TERM: market in pullback mode, DOW -10 Overnight the Asian markets gained 0.2%. Europe opened lower but gained 0.6%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported higher: 313k v 283k, the CPI was … Continue reading

Posted in Updates | Tagged , , , | 122 Comments

Wednesday update

SHORT TERM: new highs again, DOW +15 Overnight the Asian markets finished mixed. Europe opened higher but lost 0.1%. US index futures were lower overnight, but the market opened one point below yesterday’s SPX 2115 close. In the opening minutes … Continue reading

Posted in Updates | Tagged , , , | 122 Comments

Tuesday update

SHORT TERM: new highs, DOW +92 Overnight the Asian markets gained 0.1%. Europe opened higher and gained 0.6%. US index futures were higher overnight, and at 9am Case-Shiller was reported higher: +4.5% v +4.3%. The market opened one point below … Continue reading

Posted in Updates | Tagged , , , | 131 Comments

Monday update

SHORT TERM: consolidation day, DOW -24 Overnight the Asian markets finished mixed. Europe opened higher and gained 0.5%. US index futures were lower overnight, and the market opened four points below Friday’s SPX 2110 close. By 10am the SPX had … Continue reading

Posted in Updates | Tagged , , , | 74 Comments

Friday update

SHORT TERM: options expiration Friday, DOW +155 Overnight the Asian markets lost 0.1%. Europe opened lower but gained 0.2%. US index futures were lower overnight and the market opened three points below yesterday’s SPX 2097 close. The pullback continued until 10am … Continue reading

Posted in Updates | Tagged , , , | 27 Comments