Monthly Archives: December 2010

SHORT TERM: early pullback – mixed close, DOW +8 Overnight the Asian markets were mostly higher. Europe opened higher, but closed -1.20%. US index futures were lower overnight and the market opened lower at SPX 1257. The SPX had closed … Continue reading →

SHORT TERM: market drifts lower, DOW -16 Overnight the Asian markets were mostly higher. Europe opened higher, but closed -0.80%. US index futures were lower overnight, and at 8:30 weekly Jobless claims dropped under 400K for the first time in … Continue reading →

SHORT TERM: market continues to drift higher, DOW +10 Overnight all the Asian markets were higher. Europe opened higher, but closed mixed. US index futures were slightly higher overnight and the market opened at SPX 1260. It had closed at … Continue reading →

SHORT TERM: new uptrend high, DOW +21 Overnight all the Asian markets open were all lower. The European markets open started higher but ended flat. US index futures were higher overnight. At 9:00 Case-Shiller home prices were reported lower: -0.80% … Continue reading →

SHORT TERM: market recovers after gap down, DOW -18 Overnight the Asian markets open were mixed. The European markets that were open were lower and closed -1.20%. US index futures were lower overnight, and the market gapped down at the … Continue reading →

SHORT TERM: US markets were closed. Overnight Asian markets were mostly lower. Europe open higher and closed +0.20%. In Forex trading Bonds did not trade, Crude lost 10 cents, Gold gained $5.00, and the USD was flat. Happy holidays everyone!