Tag Archives: investing

Wednesday update

SHORT TERM: gap down opening, DOW -138 For the first three days of the week the Asian markets have declined 1.4%, and the European markets have declined 2.1%. It has been a volatile week in the US so far. Monday: … Continue reading

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Weekend update

REVIEW The week started at SPX 2840. After a flat opening on Monday the market rallied to a new uptrend high at SPX 2863 by Tuesday morning. After that the market went sideways for two days before heading lower late Thursday … 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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Wednesday update

SHORT TERM: flat opening then lower, DOW -45 So far this week the Asian markets gained 1.2%, and the European markets have gained 0.6%. The SPX started the week at 2840, then rallied to 2863 by Tuesday. Just 10-points shy … Continue reading

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Weekend update

REVIEW The week stated at SPX 2819. After a higher open on Monday the market sold off to SPX 2798 by early afternoon. A gap up opening on Tuesday carried the SPX to 2826 by Wednesday morning. Then another pullback, … Continue reading

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Wednesday update

SHORT TERM: higher open – then decline, DOW -81 So far this week the Asian markets have lost 0.3%, and the European markets have lost 0.5%. US markets started the week at SPX 2819, dropped to 2798 on Monday, hit 2826 … Continue reading

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Weekend update

REVIEW The week started at SPX 2802. After a lower open Monday, and a dip to SPX 2795, the market rallied to 2830 by Tuesday morning. A pullback quickly followed to SPX 2811 by Tuesday afternoon. Then the market rallied … Continue reading

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