the ELLIOTT WAVE lives on

Thursday update

Thursday update

SHORT TERM: higher open then sharp pullback, DOW +86 Overnight the Asian markets gained 0.3%. Europe opened lower and lost 0.3%. US index futures were higher overnight. At 8:30 jobless claims were reported higher, and durable goods orders were reported higher too. The market opened at an all-time high of SPX 2484, then immediately began […]

Continue reading
Wednesday update

Wednesday update

SHORT TERM: higher open – then pullback, DOW +98 Overnight the Asian markets gained 0.5%. Europe opened lower but gained 0.3%. US index futures were higher overnight, and the market opened 5 points above yesterday’s SPX 2477 close. Right after the open the market started to pullback. At 2pm the FOMC: https://www.federalreserve.gov/newsevents/pressreleases/monetary20170726a.htm. The market dipped […]

Continue reading
Tuesday update

Tuesday update

SHORT TERM: gap up opening, DOW +100 Overnight the Asian markets were mixed. Europe opened higher and gained 0.7%. US index futures were higher overnight, and at 9am Case-Shiller was reported higher. The market gapped up to SPX 2479, a new high, ticked up to 2480, then dipped to 2475 by 10am. At 10am consumer […]

Continue reading
Swarm today at 5pm

Swarm today at 5pm

Last week’s results were 4 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 instructions in the second paragraph of this link: https://caldaro.wordpress.com/2017/02/05/swarm-intelligence/. Please fill out this survey any time before entering the swarm on […]

Continue reading
Monday update

Monday update

SHORT TERM: lower open – quiet trading, DOW -67 Overnight the Asian markets gained 0.1%. Europe opened lower and lost 0.4%. US index futures were lower overnight, and the market opened two points below Friday’s SPX 2473 close. As the market continued to drift lower existing home sales were reported lower at 10am. Around 11:30 […]

Continue reading
Weekend update

Weekend update

REVIEW The market started the week at SPX 2459. After a tick up to SPX 2463 on Monday, the market pulled back to 2450 on Tuesday. After that it rallied to an all-time high of SPX 2478 on Thursday. Then pulled back to SPX 2465 on Friday before ending the week at 2373. For the […]

Continue reading
Friday update

Friday update

SHORT TERM: lower open – then bounce, DOW -32 Overnight the Asian markets finished mixed. European markets opened lower and lost 0.6%. US index futures were higher, then lower, overnight. The market opened 5 points below yesterday’s SPX 2473 close. By 10am the SPX hit 2465, and then began to rebound. The rebound lasted all […]

Continue reading
Thursday update

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 market opened three points above yesterday’s SPX 2474 close, ticked up to 2478, then began to […]

Continue reading
Wednesday update

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. The market opened 4 points above yesterday’s SPX 2461 close, and continued to make new […]

Continue reading
Tuesday update

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 below yesterday’s SPX 2459 close, then bounced up to 2457 just past 10am. At 10am […]

Continue reading
Swarm today at 5pm

Swarm today at 5pm

Last week’s results were 4 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 instructions in the second paragraph of this link: https://caldaro.wordpress.com/2017/02/05/swarm-intelligence/. Please fill out this survey any time before entering the swarm on […]

Continue reading
Monday update

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 below Friday’s SPX 2459 close, dipped to 2457, then drifted up to 2463 just past […]

Continue reading
Weekend update

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 SPX hit a new all-time high at 2464. For the week the SPX/DOW gained 1.20%, and the […]

Continue reading
Friday update

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 reported lower. At 9:15 industrial production and capacity utilization were both reported higher. The market […]

Continue reading
Thursday update

Thursday update

SHORT TERM: quiet open – consolidation day, DOW +21 Overnight the Asian markets gained 0.7%. Europe opened lower but gained 0.1%. US index futures were relatively flat overnight, and at 8:30 jobless claims were reported lower and the PPI was unchanged. The market opened 1-point above yesterday’s SPX 2443 close, and rose up to 2447 […]

Continue reading
Tuesday update

Tuesday update

SHORT TERM: quiet open, pullback, rebound, DOW +1 Overnight the Asian markets gained 0.7%. Europe opened higher but lost 0.4%. US index futures were relatively flat overnight, and the market opened one point below yesterday’s SPX 2427 close. In the opening minutes the market dipped to SPX 2423 then tried to rally. At 10am wholesale […]

Continue reading
Swarm today at 5pm, and last swarm results

Swarm today at 5pm, and last swarm results

No Swarm last week due to the holiday. The previous week’s results were 5 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 instructions in the second paragraph of this link: https://caldaro.wordpress.com/2017/02/05/swarm-intelligence/. Please fill out this survey […]

Continue reading
Monday update

Monday update

SHORT TERM: lower open then rebound, DOW -6 Overnight the Asian markets gained 0.8%. Europe opened higher and gained 0.4%. US index futures were higher, then lower, overnight. The market opened 3 points below Friday’s SPX 2425 close, bounced to 2427, then hit 2422 again at 10am. After that the market started to drift higher. […]

Continue reading
OEW tutoring

OEW tutoring

All markets are driven by long term investor confidence cycles. When the cycle is positive a bull market unfolds, when negative a bear market. The Objective Elliott Wave (OEW) technique not only determines if a market is bullish or bearish, it also determines how far a market has progressed in its current cycle. OEW is not […]

Continue reading