Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed. Japan, China, India and South Korea did well; Hong Kong, Singapore and Taiwan lagged. Europe is currently mixed, but other than Russia (down 1.5%), movement is very little. Germany, France, Italy and Prague are down; London, Belgium and Switzerland are up. Futures here in the States […]
Before the Open (May 19)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. China rallied better than 3%; Japan and Taiwan also did well. Australia and Malaysia fell 0.7-0.8%. Europe is currently mostly up. Greece is up almost 3%; Spain, Italy, Belgium, Amsterdam, Germany and France are up more than 1%. Russia is down 1.2%. Futures here in the […]
Before the Open (May 18)
Good morning. Happy Monday. Hope you had a great weekend. The Asian/Pacific markets closed with a lean to the upside. Australia, China and Hong Kong were weak. India, Japan and Malaysia did the best. Europe currently leans to the downside. Italy, Austria and Greece are down more than 1%; Belgium, Amsterdam and France are also […]
Weekly Report
Like the previous two weeks, last week started weak and ended strong, producing long lower tails on the weekly candles. Not for the faint of heart. The market has been noncommittal for several months.
S&P Select – Week in Review
Per the nine S&P Select groups, this is how the market did last week.
Before the Open (May 15)
Good morning. Happy Friday. Happy Options Expiration Day. The Asian/Pacific markets closed with a lean to the upside. Hong Kong led with a 2% gain, followed by Japan (up 0.8%) and Australia (up 0.7%). China dropped 1.6%, and South Korea fell 0.7%. Europe is mostly up. Austria and Switzerland are up more than 1%; Amsterdam, […]
Before the Open (May 14)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. Taiwan (down 1.2%) and Japan (down 1%) led to the downside; Malaysia and South Korea closed up. Half of Europe was closed today. Greece, France, Germany and Amsterdam did well. Prague did not. Futures here in the States point towards a relatively big gap up for […]
Before the Open (May 13)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. India rallied 1.4%; Australia, Indonesia, South Korea and Japan also did well. Hong Kong and China dropped. Europe is currently mostly up. France, Greece and Stockholm are up more than 1%; Germany, Austria, Norway and Italy are also doing well. Futures here in the States […]
Before the Open (May 12)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. China (up 1.6%), Australia (up 0.8%) and Indonesia (up 0.6%) did well. India (down 2.3%) and Kong Kong (down 1.1%) did not. Europe is currently posting pretty big across-the-board losses. Germany is down 2%; London, Spain, France, Austria and Stockholm are down more than 1%. Futures […]
Before the Open (May 11)
Good morning. Happy Monday. Hope you had a great weekend. The Asian/Pacific markets closed with a lean to the upside. China rallied 3%, followed by India (up 1.5%) and Japan (up 1.25%). Hong Kong, Singapore and South Korea also did well. Europe is currently mixed. Belgium is up 3.1%, London is up 2.5% and Prague […]