Monthly Archives: February 2011

SHORT TERM: early market rally ends near highs, DOW +96 Overnight the Asian markets were mostly higher. Europe opened lower but closed mixed. US index futures started lower overnight but turned positive heading into today’s trading. At 8:30 Personal income … Continue reading →

SHORT TERM: market rebounds, DOW +62 Overnight the Asian markets were all higher. Europe opened higher and closed +1.05%. US index futures were higher overnight as well. At 8:30 Q4 GDP was lowered to +2.8% vs 3.2%. Nevertheless, the market … Continue reading →

SHORT TERM: pullback makes new lows, DOW -37 Overnight the Asian markets were again mostly lower. Europe opened lower and closed -0.50%. US index futures were lower overnight, but improved after Crude pulled back from a spike high over $103/bbl. … Continue reading →

SHORT TERM: pullback extends, DOW -107 Overnight the Asian markets were mostly lower. Europe opened lower and closed -1.45%. US index futures were higher overnight, but the market opened slightly lower at SPX 1314. It had closed at SPX 1315 … Continue reading →

SHORT TERM: significant pullback starts the week, DOW -178 Overnight Asian markets were all lower. Europe opened lower and closed -0.15%. US index futures lost ground during monday’s holiday session and stayed lower into today’s open. At 9:00 Case-Shiller reported housing prices were: … Continue reading →

SHORT TERM: many assets moving quickly overnight, YM (DOW) -73 Overnight the Asian markets were mixed. Europe opened lower and closed -1.25%. US index futures were lower overnight, and then in the last two hours of holiday trading dropped even further. For … Continue reading →