Tag Archives: markets

Tuesday update

SHORT TERM: gap down opening, DOW -200 Last night FED vice chair Fischer gave the following speech: http://www.federalreserve.gov/newsevents/speech/fischer20150330a.htm. Overnight the Asian markets lost 0.4%. Europe opened lower and lost 1.2%. US index futures were lower overnight, and at 9am Case-Shiller … Continue reading

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Monday update

SHORT TERM: gap up and go Monday, DOW +264 Overnight the Asian markets gained 1.3%. European markets opened higher and gained 1.1%. US index futures were higher overnight. At 8:30 Personal income was reported higher: +0.4% v +0.3%, Personal spending … Continue reading

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weekend update

REVIEW The market started the week at SPX 2108. After an opening rally on Monday, the market hit SPX 2115 before 10am. Then after the first half hour of trading the market was essentially down for the rest of the week. … Continue reading

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Friday update

SHORT TERM: consolidation day, DOW +34 Overnight the Asian markets lost 0.3%. Europe opened higher but finished mixed. Before the open FED vice chair Fischer’s speech was released: http://www.federalreserve.gov/newsevents/speech/fischer20150327a.htm. US index futures were higher then lower overnight, and at 8:30 … Continue reading

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Thursday update

SHORT TERM: gap down opening, DOW -40 Overnight the Asian markets lost 1.2%. Europe opened lower and lost 0.6%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported lower: 282k v 291k. The market gapped … Continue reading

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Wednesday update

SHORT TERM: gap up opening immediately reversed, DOW -293 Overnight the Asian markets gained 0.2%. European markets opened lower and lost 0.9%. US index futures were higher overnight, and at 8:30 Durable goods orders were reported lower: -1.4% v +2.8%. … Continue reading

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Tuesday update

SHORT TERM: pullback continues, DOW -105 Overnight the Asian markets lost 0.2%. European markets opened lower bit gained 0.5%. US index futures were higher overnight. At 8:30 the CPI was reported higher: +0.2% v -0.7%, then at 9am FHFA housing prices were … Continue reading

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