Tag Archives: markets

Friday update

SHORT TERM: lower open then rebound, DOW +80 Overnight the Asian markets lost 0.7%. Europe opened lower but finished mixed. US index futures were lower overnight, and at 8:30 monthly Payrolls were reported lower: 160K v 215K. The market opened 9 … Continue reading

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Thursday update

SHORT TERM: choppy day, DOW +9 Overnight the Asian markets ended mixed. Europe opened higher and gained 0.1%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported higher: 274K v 257K. The market opened 5 … Continue reading

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Wednesday update

SHORT TERM: gap down open again, DOW -100 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 1.1%. US index futures were lower overnight as well. At 8:15 the ADP was reported lower: 156K v 200K, and at … Continue reading

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Tuesday update

SHORT TERM: gap down opening, DOW -140 Overnight the Asian markets lost 0.9%. Europe opened lower and lost 1.1%. US index futures were lower overnight, and the market gapped down to SPX 2070 at the open. The SPX had closed … Continue reading

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Monday update

SHORT TERM: market rebounds, DOW +118 Overnight the Asian markets lost 1.2%. Europe opened higher and gained 0.3%. US index futures were higher overnight, and the market opened five points above Friday’s SPX 2065 close. After a push up to … Continue reading

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weekend update

REVIEW The market started the week at SPX 2092. On Monday the market pulled back to SPX 2072, rallied to 2097 on Tuesday, pulled back to 2082 ahead of the FOMC statement, then rallied to 2100 after it was released. … Continue reading

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Friday update

SHORT TERM: decline continues, DOW -57 Overnight the Asian markets lost 0.5%. Europe opened lower and lost 2.3%. US index futures were lower overnight as well. At 8:30 Personal income +0.4% v +0.2%/spending +0.1% v +0.1% were reported higher and PCE … Continue reading

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