Tag Archives: OEW

Thursday update

SHORT TERM: higher early then decline, DOW -196 Overnight the Asian markets ended mixed. Europe opened higher and gained 0.3%. US index futures were lower overnight. At 8:30 Q2 GDP was reported higher: 1.4% v 1.1%, and weekly jobless claims … Continue reading

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Wednesday update

SHORT TERM: pullback, then rally, DOW +111 Overnight the Asian markets lost 0.2%. Europe opened higher and gained 0.7%. US index futures were higher overnight, and at 8:30 durable goods orders were reported unchanged. The market opened four points above … Continue reading

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Tuesday update

SHORT TERM: lower open then rally, DOW +133 Overnight the Asian markets rebounded gaining 0.5%. Europe opened higher but lost 0.2%, after trading much lower. US index futures were higher overnight, started losing its gains as Germany declined, then turned … Continue reading

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Monday update

SHORT TERM: gap down opening, DOW -167 Overnight the Asian markets lost 1.4%. Europe opened lower and lost 1.8%. US index futures were lower overnight, and the market gapped down to SPX 2154 at the open. The SPX had closed … Continue reading

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weekend update

REVIEW The week started at SPX 2139. The market rallied, after a gap up opening, to SPX 2154 on Monday. Then after the opening gap was closed on Monday the market finished unchanged. This sequence continued on Tuesday: gap up … Continue reading

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Friday update

SHORT TERM: pullback ends choppy week, DOW -131 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.3%. US index futures were lower overnight, and the market opened 5 points below yesterday’s SPX 2177 close. The market continued … Continue reading

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Thursday update

SHORT TERM: fourth gap up opening, DOW +99 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 1.9%. US index futures were higher overnight as well. At 8:30 weekly jobless claims were reported lower: 252K v 260K, then … Continue reading

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