Tag Archives: markets

weekend update

REVIEW The market started the week at SPX 2192. After a gap up opening on Monday the SPX rallied to 2252 by Thursday. Then the largest pullback in a week took the SPX down to 2243 late Thursday, before the … Continue reading

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Friday update

SHORT TERM: higher open and new highs, DOW +142 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and the SPX opened at 2249 three points above yesterday’s close. Right after … Continue reading

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Thursday update

SHORT TERM: lower opening then new highs, DOW +65 Overnight the Asian markets gained 0.3%. Europe opened higher and continued their winning streak gaining 1.0%. US index futures were lower overnight, and at 8:30 weekly jobless claims were reported lower: … Continue reading

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Wednesday update

SHORT TERM: quiet open then Minute iii kicks-in, DOW +298 Overnight the Asian markets gained 0.3%. Europe opened higher and had a strong showing for the third day in a row +1.6%. US index futures were relatively flat overnight and … Continue reading

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Tuesday update

SHORT TERM: market drifts higher, DOW +36 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.9% again, just like yesterday. US index futures were higher overnight, and at 8:30 the trade deficit was reported higher: -$42.6B v … Continue reading

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Monday update

SHORT TERM: gap up opening, DOW +46 Yesterday Italy voted against centrist PM Renzi’s referendum to streamline the government. Markets, and futures trading, worldwide initially reacted negatively. Then rebounded during the night. Asian markets lost 0.2%. Europe opened lower but … Continue reading

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weekend update

REVIEW The week started at SPX 2213. After a lower opening on Monday the market pulled back to SPX 2198 by Tuesday. An OPEC pact to cut crude oil production helped the market rally to a marginal new high at SPX … Continue reading

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