Monthly Archives: December 2007

SHORT TERM: market ekes out a gain in light trading, DOW +6 Overnight the Asian markets followed the negative close in the US yesterday and were all lower. Europe came in about flat on the day, yet US index futures rallied overnight. At 8:30 … Continue reading →

SHORT TERM: market opens lower and continues lower, DOW -192 Overnight the Asian markets were mixed with China’s SSEC displaying the best gains. Europe came in about 0.50% higher. US stocks opened lower following the weaker than expected November durable … Continue reading →

SHORT TERM: market nudges higher in quiet trading, DOW + 2 Overnight only three of the foreign markets we follow traded, and they were all higher. Europe was closed for the holiday. The US market opened lower trading down to … Continue reading →

SHORT TERM: market continues rally in this 1/2 day holiday session, DOW + 99 Overnight all of the Asian markets were higher, and the FTSE was higher as well. The market opened on a positive note and continued to rally … Continue reading →

REVIEW: Stocks staged a late week rally, after making an important low tuesday, during this options expiration week. For the week the SPX/DOW gained 0.95%, and the NDX/NAZ rose 2.0%. Clearly the techs took center stage, as they split with the … Continue reading →

SHORT TERM: stocks stage broadbased rally on expiration day, DOW + 205 Overnight the Asian markets were all higher following the rally in the US yesterday. Europe came in about 1.50% as well, and closed there. US index futures, which started … Continue reading →

SHORT TERM: major battle between growth and the cyclicals today, DOW + 38 Overnight the Asian markets were mostly mixed, but China’s SSEC gained 2% for the second day in a row. Europe came in about 0.55% higher, catching up to … Continue reading →