Category Archives: Dashboard

MONDAY:.While the morning looks as if it will get off to a moderate loss, those losses are cut in half from overnight, as this week has both an FOMC Statement release and GDP numbers to shake things up

TUESDAY:     .Pre-open futures trading are pointing toward a large decline to start the day, possibly breaking a pattern of strong advances on the day before the FOMC STatement is released, as earnings from CAT, MSFT and UTX account for about 80 points of the 200 point drop in DJIA futures.

WEDNESDAY:  .Pre-open futures aren’t showing much of a bounce, but they are a little higher ahead of today’s FOMC Statement, with GDP still to come on Friday.

THURSDAY:   .Two successive really bad days and a very small bounce indicated this morning, as tomorrow’s GDP may loom larger than bormal, although the bond markets aren’t expecting much in the way of things heating up.

FRIDAY:  .Ahead of the GDP report the market is significantly weaker, following yesterday’s strong advance, but the final trading day of the month doesn’t appear to be likely to rescue January’s poorly performing markets







MONDAY: Markets closed in honor of Martin Luther King Day, while Shanghai’s nearly 8% decline doesn’t seem to be getting our own futures trading too nervously in advance of trading tomorrow

TUESDAY:     A short trading week and very little planned news helps to put earnings in spotlight this week. Fortunately, yesterday’s trading in Shanghai, stayed in SHanghai

WEDNESDAY:  Yesterday’s early optimism, with little basis behind it, faded very quickly, but at least the market was able to equilibrate. This morning’s moderate weakness also has little basis to portend the rest of the days’s trading

THURSDAY:   All eyes are on ECB this morning, for an announcement nearly 2 hours before our markets open, with futures slightly higher ahead of the announcement. Yesterday’s strength may have been related to a leak regarding the size of monthly ECB bond buying

FRIDAY:  Early indications point to a quiet day today and no follow through to yesterday’s long anticipated annoiuncement by the ECB







MONDAY: After a tumultuous week last week that didn’t follow the economic news and stories, this week looks as if it is getting off to a positive start, but there aren’t too many stories to lead it, although earnings season starts and may be the catalyst.

TUESDAY:     Seeing yesterday’s gain in the futures erode so quickly was discouraging, but today may offer another chance, as perhaps earnings will take the spoylight off from oil,  which continues to fall this morning

WEDNESDAY:  Bank earnings from JP Morgan and Wells Fargo did nothing to reverse the early futures sell off as it appears that the decline will continue for a third successive day in the final week of the January 2015 contracts

THURSDAY:   With more disappointing bank earnings, at least oil is stable this morning and so is the market, at least in the pre-open futures. Maybe today will bring an end to the streak of triple digit moves in 2015?

FRIDAY:  Futures have improved from where they were last night, but the indication is for another day of losses to end another bad week as stocks, oil, interest rates, currencies and metals all gyrate

MONDAY: The first trading week of 2015 will be a busy one with both an FOMC Statement and an Employment Situation Report and then wondering whether “The January Effect” will make a comeback after a failed December and disappointing Santa Claus Rally

TUESDAY:     Yesterday’s breach of the $50  seemed to re-couple oil and stocks, but European issues may have weighed on markets, as well. Hopefully, the recent pattern of pre-FOMC Statement release rallies kicks in today.

WEDNESDAY: ADP Report and FOMC today, but still hard to understand reversal from yesterday’s sharp drop, especially in light of failed recovery in final hour and uncertainty contained in key economic events today.

THURSDAY:   Just as yesterday’s early morning advance had no apparent basis, this morning appears to be the same – and then some, but without obvious reason. There’s also no obvious reason to complain, though

FRIDAY:  After two large gains worthy of those typically seen in bear markets, the futures market is resting before today’s Employment Situation Report







MONDAY: It lloks as if a quiet news week will begin in a quiet way, but not doing much to advance the idea of the Santa Claus Rally, as time runs out for that to happen and really rescue December, despite its 1% advance so far this month.

TUESDAY:     If looking for today to spark the Santa Claus Rally yoou may be in for some disappointment. Today looks to be another relatively flat kind of day with no news to change momentum in sight

WEDNESDAY: The final trading day of the year looks as if it going to be just like the previous two of this week and not too likely to offer anything to end the year on a really high note

THURSDAY:    HAPPY NEW YEAR

FRIDAY:  Today is the last chance to get some of that Santa Claus Rally in and on what is probably going to be another light tarding day the early indications look as if that may be the initial direction