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Monthly Archives: January 2011
monday update
SHORT TERM: market rebounds, DOW +68 Overnight the Asian markets were mostly lower. Europe opened lower and closed -0.35%. US index futures opened sharply lower overnight but turned higher nearing the open. At 8:30 Personal income was reported positive: +0.4% … Continue reading
Germany’s DAX
Today we review Germany’s stock market, the DAX composite. The DAX is one of the five European stock indices we track on a regular basis: DAX, IBEX, FTSE, SMI and STOX50. Overall, the IBEX continues to look bearish, the SMI appears … Continue reading
Posted in selected charts
Tagged business, economy, elliott wave, finance, investing, markets, OEW, thoughts, updates
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Swiss Franc … CHFUSD
We have been tracking on stockcharts eight currencies now for a few years: AUD, CAD, CHF, EUR, GBP, JPY, USD and the ZAR. The charts we offer are all in relation to the USD, and we track the DXY index for the USD. … Continue reading
Posted in selected charts
Tagged business, economy, elliott wave, finance, investing, markets, OEW, thoughts, updates
2 Comments
weekend update
REVIEW During the past six trading days the market had cleared the Ops-Ex and the FOMC potential obstacles, but on friday ran into serious trouble with a lower than expected Q4 GDP. Just after the open on friday the SPX … Continue reading
Posted in weekend update
Tagged business, economy, elliott wave, finance, investing, markets, OEW, thoughts, updates
42 Comments
friday update
SHORT TERM: new uptrend high then market declines, DOW -166 Overnight the Asian markets were mostly lower. Europe opened lower and closed -1.05%. US index futures were lower, then higher overnight. At 8:30 Q4 GDP was reported lower than expected: … Continue reading
thursday update
SHORT TERM: market drifts higher, DOW +4 Overnight the Asian markets were mixed. Europe opened lower and closed mixed. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported higher: 454K vs 404K, plus Durable goods … Continue reading
wednesday update
SHORT TERM: new uptrend high, DOW +8 Overnight the Asian markets were mostly higher. Europe opened higher and closed +1.0%. US index futures were higher overnight and the market opened at SPX 1294. It had closed at SPX 1291 yesterday. … Continue reading
