Tag Archives: OEW

Thursday update

SHORT TERM: gap up opening fades, DOW +23 Overnight the Asian markets gained 0.9%. Europe opened higher and gained 2.3%. US index futures were higher overnight. At 8:30 weekly Jobless claims were reported higher: 282k v 271k, and the Trade … Continue reading

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Wednesday update

SHORT TERM: eleventh straight gap opening, DOW +293 Overnight the Asian markets lost 0.8%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and at 8:15 the ADP was reported higher: 190k v 185k. The market gapped … Continue reading

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Tuesday update

SHORT TERM: third gap down opening in a row, DOW -470 Overnight the Asian markets lost 2.8%. Europe opened lower and lost 2.8% as well. US index futures were significantly lower overnight, and the market gapped down to SPX 1944 … Continue reading

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Monday update

SHORT TERM: gap down opening, DOW -115 Overnight the Asian markets lost 0.5%. Europe opened lower but finished mixed. US index futures were lower, and the market gapped down to SPX 1979 at the open. The SPX had closed at … Continue reading

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weekend update

REVIEW The week started off at SPX 1971. On Monday, due to overnight selling, there was a huge gap down at the open to SPX 1875. Then after hitting SPX 1867 in the opening minutes the market rallied to 1954 … Continue reading

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Friday update

SHORT TERM: gap down opening, DOW -12 Overnight the Asian markets gained 0.9%. Europe opened lower but gained 0.4%. US index futures were lower overnight. At 8:30 Personal income (+0.4% v +0.4%)/spending (+0.3% v +0.2%) were reported higher, and the PCE was … Continue reading

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Thursday update

SHORT TERM: another gap up opening, DOW +369 Overnight the Asian markets gained 2.2%. Europe opened higher and gained 3.4%. US index futures were higher overnight. At 8:30 Q2 GDP was reported higher: +3.7% v +2.3%, and weekly Jobless claims … Continue reading

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