Tag Archives: markets

Wednesday update

SHORT TERM: ATH then FOMC volatility, DOW +42 Overnight the Asian markets gained 0.1%. Europe opened lower and ended mixed. US index futures were flat overnight, and the market opened at a new high: SPX 2509. Right after the open … Continue reading

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Tuesday update

SHORT TERM: consolidation day, DOW +39 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.1%. US index futures were higher overnight. At 8:30 housing starts were reported lower and building permits were reported higher. The market opened … Continue reading

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Monday update

SHORT TERM: all-time new high then pullback, DOW +63 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and the market opened at a new high: SPX 2504. In the opening … Continue reading

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Weekend update

REVIEW The market started the week at SPX 2461. After a gap up opening on Monday the market rallied to an ATH on Tuesday. After that it did something quite odd. For three days, which included a Thursday/Friday options expiration. … Continue reading

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Tuesday update

SHORT TERM: ATH open then consolidation, DOW +61 Overnight the Asian markets gained 0.7%. Europe opened higher and gained 0.3%. US index futures were higher overnight, and the market opened at SPX 2493 an ATH. The market had closed at SPX … Continue reading

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Monday update

SHORT TERM: gap up and go Monday, DOW +260 Overnight the Asian markets gained 1.0%. Europe opened higher and gained 1.0% as well. US index futures were much higher overnight, and the market gapped up to SPX 2477 at the … Continue reading

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Weekend update

REVIEW The market started the holiday shortened week at SPX 2477. After a gap down opening on Tuesday, and a drop to SPX 2447, the market rebounded. Wednesday’s gap up opening rallied the market to SPX 2470. Then quiet sideways trading … Continue reading

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