Monthly Archives: March 2015

SHORT TERM: gap down opening, DOW -200 Last night FED vice chair Fischer gave the following speech: http://www.federalreserve.gov/newsevents/speech/fischer20150330a.htm. Overnight the Asian markets lost 0.4%. Europe opened lower and lost 1.2%. US index futures were lower overnight, and at 9am Case-Shiller … Continue reading →

SHORT TERM: gap up and go Monday, DOW +264 Overnight the Asian markets gained 1.3%. European markets opened higher and gained 1.1%. US index futures were higher overnight. At 8:30 Personal income was reported higher: +0.4% v +0.3%, Personal spending … Continue reading →

SHORT TERM: consolidation day, DOW +34 Overnight the Asian markets lost 0.3%. Europe opened higher but finished mixed. Before the open FED vice chair Fischer’s speech was released: http://www.federalreserve.gov/newsevents/speech/fischer20150327a.htm. US index futures were higher then lower overnight, and at 8:30 … Continue reading →

SHORT TERM: gap down opening, DOW -40 Overnight the Asian markets lost 1.2%. Europe opened lower and lost 0.6%. US index futures were lower overnight, and at 8:30 weekly Jobless claims were reported lower: 282k v 291k. The market gapped … Continue reading →

SHORT TERM: gap up opening immediately reversed, DOW -293 Overnight the Asian markets gained 0.2%. European markets opened lower and lost 0.9%. US index futures were higher overnight, and at 8:30 Durable goods orders were reported lower: -1.4% v +2.8%. … Continue reading →

SHORT TERM: pullback continues, DOW -105 Overnight the Asian markets lost 0.2%. European markets opened lower bit gained 0.5%. US index futures were higher overnight. At 8:30 the CPI was reported higher: +0.2% v -0.7%, then at 9am FHFA housing prices were … Continue reading →