Monthly Archives: June 2017

SHORT TERM: another gap up opening, DOW +63 Overnight the Asian markets lost 0.5%. Europe opened lower and lost 0.6%. US index futures ignored all that and were higher overnight. At 8:30 personal income/spending was reported higher, and the CPI … Continue reading →

SHORT TERM: slightly higher open then selloff, DOW -168 Overnight the Asian markets gained 0.6%. Europe opened higher but lost 1.4%. US index futures were higher overnight. At 8:30 Q1 GDP was reported higher at 1.4%, and jobless claims were … Continue reading →

SHORT TERM: gap up opening rally, DOW +144 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.3%. US index futures ignored all that and were higher heading into the open. The market gapped up at the open … Continue reading →

SHORT TERM: lower open and pullback, DOW -99 Overnight the Asian markets lost 0.1%. Europe opened lower and lost 0.6%. US index futures were lower overnight, and at 9am Case-Shiller was reported lower. The market opened 4-points below yesterday’s SPX 2439 … Continue reading →

SHORT TERM: gap up opening sold, DOW +15 Overnight the Asian markets gained 0.1%. Europe opened higher and gained 0.4%. US index futures were higher overnight, and at 8:30 durable goods were reported lower. The market gapped up to SPX … Continue reading →