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phil1247 on Thursday update 
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Monthly Archives: July 2017
Thursday update
SHORT TERM: new highs then pullback, DOW -29 Overnight the Asian markets gained 0.2%. Europe opened higher and gained 0.2% as well. US index futures were higher overnight. At 8:30 the Philly FED was reported lower, as was unemployment claims. The … Continue reading
Wednesday update
SHORT TERM: higher open – new highs, DOW +66 Overnight the Asian markets gained 0.5%. Europe opened higher and gained 0.5% as well. US index futures were higher overnight, and at 8:30 both housing starts and building permits were reported higher. … Continue reading
Tuesday update
SHORT TERM: lower open – choppy day, DOW -55 Overnight the Asian markets lost 0.4%. Europe opened lower and lost 0.9%. US index futures were lower overnight, and at 8:30 export/import prices were reported higher. The market opened 6 points … Continue reading
Swarm today at 5pm
Market fooled quite a few last week. Last week’s results were 2 of 6 correct. After 20 weeks the Swarm is 66% accurate, compared to a 53% accuracy from the surveys. Impressive! If you have not previously participated and would like to, please follow the … Continue reading
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Monday update
SHORT TERM: quiet open- quiet day, DOW -8 Overnight the Asian markets gained 0.2%. Europe opened higher but ended mixed. US index futures were higher overnight, and at 8:30 the NY FED was reported lower. The market opened 1 point … Continue reading
Weekend update
REVIEW The market started the week at SPX 2425. After a rally to SPX 2432 on Monday, the market pulled back to 2413 on Tuesday before reversing in the afternoon. Wednesday’s gap up opening rally continued into Friday, when the … Continue reading
Friday update
SHORT TERM: slightly higher open then new highs, DOW +85 Overnight the Asian markets gained 0.1%. Europe opened higher but lost 0.2%. US index futures were relatively flat overnight. At 8:30 the CPI was reported flat, and retail sales were … Continue reading