Tag Archives: investing

Weekend update

REVIEW The week started at SPX 2656. After gap up openings on Monday and Tuesday the SPX rallied to 2717 by Wednesday morning. Then over the next two days the SPX came within 5 points of giving it all back when … Continue reading

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Thursday update

SHORT TERM: gap down opening, DOW -83 Overnight the Asian markets gained 0.7%. Europe opened higher and gained 0.1%. US index futures were lower overnight. At 8:30 weekly jobless claims were lower, and the Philly FED was higher. The market opened … Continue reading

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Tuesday update

SHORT TERM: gap up opening again, DOW +214 Overnight the Asian markets lost 0.2%. Europe opened higher and gained 0.9%. US index futures were higher overnight. At 8:30 building permits and housing starts were reported higher. Then at 9:15 industrial … Continue reading

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Weekend update

REVIEW The week started at SPX 2604. After a gap up opening on Monday the market rallied to SPX 2654. Then sold off to SPX 2611 in the last two hours of trading. On Tuesday another gap up opening carried … Continue reading

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OEW tutoring

All markets are driven by long term investor confidence cycles. When the cycle is positive a bull market unfolds, when negative a bear market. The Objective Elliott Wave (OEW) technique not only determines if a market is bullish or bearish, it … Continue reading

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Thursday update

SHORT TERM: gap up opening rally, DOW +294 Overnight the Asian markets ended mixed. Europe opened lower but gained 0.5%. US index futures were higher overnight, and at 8:30 weekly jobless claims were reported lower and import prices were unchanged. … Continue reading

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Tuesday update

SHORT TERM: gap up opening, DOW +429 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 1.0%. US index futures were higher overnight, and at 8:30 the PPI was reported higher. The market gapped up at the open … Continue reading

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