Category Archives: Updates

Wednesday update

SHORT TERM: typical bi-polar FOMC day, DOW -2 Overnight the Asian market gained 0.7%. Europe opened higher and gained 0.8%. US index futures were higher overnight, and at 8:30 Durable goods were reported lower: -4.0% v -2.2%. The market opened … Continue reading

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Tuesday update

SHORT TERM: higher open then pullback, DOW -19 Overnight the Asian markets lost 0.4%. Europe opened higher and gained 0.3%. US index futures were relatively flat overnight and at 9am Case-Shiller was reported lower: +5.2% v +5.4%. The market opened one … Continue reading

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Monday update

SHORT TERM: pullback resumes, DOW -78 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 0.1%. US index futures were about unchanged overnight. The market opened one point below Friday’s SPX 2175 close, and continued lower. The market … Continue reading

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comment section

Going to reopen the comment section starting today under new and strict guidelines. Not interested in providing a forum for 300, 400, 500 comments a day with only about 5% real market content. Comments should be about the various markets, and not … Continue reading

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Friday update

SHORT TERM: higher open market rallies, DOW +54 Overnight the Asian markets lost 0.3%. Europe opened lower but gained 0.2%. US index futures were higher overnight, and the market opened two points above yesterday’s SPX 2165 close. In the first … Continue reading

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Thursday update

SHORT TERM: lower open then pullback, DOW -78 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 0.1%. US index futures were lower overnight. At 8:30 weekly Jobless claims were reported lower: 253K v 254K, and the Philly … Continue reading

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Wednesday update

SHORT TERM: consolidation over, DOW +36 Overnight the Asian markets gained 0.4%. Europe opened higher and gained 1.1%. US index futures were higher overnight, and the market opened at SPX 2170 a new high. The SPX had closed at 2164 … Continue reading

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