Blog Detail
the Elliott Wave lives on
http://spaces.msn.com/members/caldaroEW/
An objective EW view of the stock market indices using proprietary methods.
Recent Posts
weekend update
REVIEW Interesting week. The FED had their regularly scheduled FOMC meeting and left the Fed Funds Rate unchanged at 0.0% to 0.25%. The meeting concluded exactly one year after these historic rates were set: Dec 16th 2008. The SPX reacted by dropping...
friday update
SHORT TERM: market stabilizes after morning selling, DOW +21 After the close yesterday the FED issued the following press release: http://www.federalreserve.gov/newsevents/press/bcreg/20091217a.htm. Overnight all the Asian markets were lower. Europe ...
weekend update
REVIEW Most markets, worldwide, remained in their multi-week consolidation pattern this past week. US economic reports were mixed. There were reported improvements in wholesale/business inventories, the trade/budget deficits, retail sales, and consum...
wednesday update
SHORT TERM: market rebounds after yesterday's decline, DOW +51 Overnight the Asian markets were all lower. Europe opened lower and closed -0.55%. US index futures were higher overnight but the market opened unchanged from yesterday's SPX 1092 close. ...
tuesday update
SHORT TERM: USD strengthens market weakens, DOW -104 Overnight Asian markets were mostly lower. Europe opened lower and closed -1.65%. US index futures were lower overnight, and at 7:30 the NFIB small business index was reported lower: 88.3 v 89.1. ...
monday update
SHORT TERM: market remains in trading range, DOW +1 Overnight the Asian markets were mixed. Europe opened lower and closed -0.40%. US index futures were lower, and the market opened about unchanged from friday's close. By 10:00 the SPX hit its high f...
