Monthly Archives: October 2012

SHORT TERM: US markets open, DOW -11 Yesterday the FED issued the following press release: http://www.federalreserve.gov/newsevents/press/bcreg/20121030a.htm. Overnight the Asian markets gained 0.8%. European markets opened lower and lost 0.8%. US index futures were higher overnight, and the market opened higher … Continue reading →

SHORT TERM: US markets remain closed, DOW (YM) +68 Overnight the Asian markets lost 0.9%. European markets opened higher and closed +1.1%. US index futures declined further overnight, but rebounded into the early morning close: SPX (ES) +8.5 and NDX … Continue reading →

SHORT TERM: US markets closed, DOW (YM) -60 Overnight the Asian markets gained 0.4%. European markets opened lower and lost 0.2%. US index futures traded lower overnight, and closed early due to Hurricane Sandy. At 8:30 Personal income was reported … Continue reading →

SHORT TERM: new downtrend low, DOW +4 Overnight the Asian markets lost 1.1%. Europe opened lower, but gained 0.4%. US index futures were lower, and at 8:30 Q3 GDP came in higher than expected: +2.0% vs +1.3%. The market opened … Continue reading →

SHORT TERM: gap up opening faded again, DOW +26 Overnight the Asian markets gained 0.5%. European markets opened higher, but lost 0.1%. US index futures were higher overnight, and at 8:30 weekly Jobless claims were reported lower: 369K vs 388K, … Continue reading →

SHORT TERM: gap up opening faded, DOW -25 Overnight the Asian markets lost 0.3%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and the market gapped up at the open to SPX 1418. The SPX had … Continue reading →