Tag Archives: OEW

Monday update

SHORT TERM: gap up then pullback, DOW -42 Overnight the Asian markets ended mixed. Europe opened higher and gained 1.3%. US index futures were higher overnight, and the market gapped up to SPX 2124 at the open. The SPX had … Continue reading

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weekend update

REVIEW The market started the week at SPX 2081, gapped up on Monday/Tuesday hitting 2110, pulled back to 2091 by Wednesday, then with a gap up on Friday hit a new high at 2121. For the week the SPX/DOW gained … Continue reading

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Friday update

SHORT TERM: growth stock Friday, DOW +21 Overnight the Asian markets lost 0.4%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and at 8:30 Durable goods orders were reported higher: +4.0% v -1.4%. The market gapped … Continue reading

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Thursday update

SHORT TERM: gap down opening then rally, DOW +20 Overnight the Asian markets lost 0.2%. Europe opened higher but lost 0.5%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported higher: 295k v 294k. Then … Continue reading

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Wednesday update

SHORT TERM: gap up opening again, DOW +88 Overnight the Asian markets gained 0.7%. Europe opened higher but lost 0.2%. US index futures were higher overnight, and at 9am the FHFA was reported higher: +5.4% v +5.1%. The market gapped … Continue reading

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Tuesday update

SHORT TERM: gap up opening faded, DOW -85 Overnight the Asian markets gained 1.1%. European markets opened higher and gained 0.2%. US index futures were higher overnight. The market gapped up to the high of the day at SPX 2110 … Continue reading

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Monday update

SHORT TERM: gap up and go Monday, DOW +209 Overnight the Asian markets lost 1.3%. Europe opened higher and gained 0.8%. US index futures were higher overnight, and the market gapped up to SPX 2094 at the open. The SPX … Continue reading

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