Tag Archives: OEW

Thursday update

SHORT TERM: lower open then trading range, DOW -33 Overnight the Asian markets lost 0.3%. Europe opened lower and lost 0.6%. US index futures were lower as well. At 8:30 weekly jobless claims were reported lower: 261K v 262K, and … Continue reading

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Wednesday update

SHORT TERM: pullback continues, DOW -66 Overnight the Asian markets ended mixed. Europe opened lower but gained 0.4%. US index futures were lower overnight, and at 9am FHFA prices were reported higher: 0.2% v 0.2%. The market opened three points … Continue reading

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Crude and the Commodity cycle

Over the years we have written many times about the 34-year commodity cycle. Generally commodities rise as a group in a 13-year bull market, which is followed by a 21-year bear market. Each specific commodity has its own particular cycle which … Continue reading

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Tuesday update

SHORT TERM: gap up opening then market stalls, DOW +18 Overnight the Asian markets lost o.2%. Europe opened higher and gained 0.7%. US index futures were higher overnight and the market gapped up to SPX 2192 at the open. The … Continue reading

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Monday update

SHORT TERM: lower open then choppy day, DOW -23 Yesterday FED vice chair Fischer gave a speech: http://www.federalreserve.gov/newsevents/speech/fischer20160821a.htm. Overnight the Asian markets gained 0.1%. Europe opened higher but lost 0.4%. US index futures were choppy overnight and the market opened … Continue reading

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weekend update

REVIEW The market started the week at SPX 2184, rallied to 2194 on Monday, pulled back to 2169 by Wednesday, then rallied to end the week back at 2184. For the week the SPX/DOW slipped 0.05%, and the NDX/NAZ were … Continue reading

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Friday update

SHORT TERM: lower open choppy day, DOW -45 Overnight the Asian markets were mixed. Europe opened lower and lost 0.5%. US index futures were lower overnight, and the market opened 7 points below yesterday’s SPX 2187 close. In the first … Continue reading

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