Monthly Archives: March 2017

SHORT TERM: lower open then choppy action, DOW -65 Overnight the Asian markets lost 0.5%. Europe opened lower but gained 0.2%. US index futures were lower overnight, and at 8:30 personal income (0.4% v 0.4%)/spending (0.1% v 0.2%) were reported … Continue reading →

SHORT TERM: recent rally resumes, DOW +69 Overnight the Asian markets lost 0.3%. Europe opened higher and gained 0.2%. US index futures were relatively flat overnight. At 8:30 Q4 GDP was reported higher: 2.1% v 1.9%, and weekly jobless claims … Continue reading →

SHORT TERM: lower open then rebound, DOW -42 Overnight the Asian markets gained 0.3%. Europe opened higher and gained 0.4%. US index futures were lower overnight, and the market opened 5 points below yesterday’s SPX 2359 close. In the opening … Continue reading →

SHORT TERM: lower open then market rallies, DOW +151 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 0.9%. US index futures were relatively flat overnight, and at 9am Case-Shiller was reported higher: 5.9% v 5.6%. The market … Continue reading →

SHORT TERM: gap down opening then rebound, DOW -46 Overnight the Asian markets lost 0.9%. Europe opened lower and lost 0.4%. US index futures were sharply lower overnight, and the market gapped down to SPX 2323 at the open. The … Continue reading →