Squawk Morning Briefing: All About Jobs
We continue to hold our view that U. S. equities appear incomplete in their move to the upside. A pullback could be seen and it could come at any time. Will it come today? Who knows. The very short-term movements will likely be driven by the reactions to today’s jobs report. […]
Squawk Morning Briefing: ECB Rate Cut
Once again, minimal change in U. S. equities leads to minimal change in our outlook although we do cover a few small items of note in today’s videos. Perhaps the biggest item of note this morning is the ECB rate cut decision which is driving EUR/USD to fresh lows in the decline from May […]
Squawk Morning Briefing: Who Needs A Video?
Perhaps summer trading has already started, with tighter ranges and lackluster moves. What is clear, is that virtually nothing of note happened in U. S. equity indices yesterday and that leaves things virtually unchanged from the outlook we’ve been discussing for several days. When that happens, it seems a waste to watch a […]
Squawk Morning Briefing: Is It Time For A Pullback?
Futures are off this morning, so perhaps we’re finally going to get a bit of a pullback. If so, it’s likely not the start of the end but just a pullback — at least for now. Details in today’s videos.
Squawk Morning Briefing: Starting To Get Stretched
No doubt about it, the very short-term situation is starting to get stretched to the upside. That suggests that the market could be due for a small setback at any time. Just keep in mind we have seen it continue to grind upward in these situations before. Even if the setback is […]
Squawk Morning Briefing: The Grind
In the very short-term the S&P 500 has become stretched to the upside. Yet if were to continue up from here, it wouldn’t be the first time in the past several years that it would just grind up with stretched technicals. With the DJIA still below its all-time high it looks like there […]
Squawk Morning Briefing: Can’t Fight The Feeling
Still nothing to suggest that a lasting top has been struck in U. S. equities.
Squawk Morning Briefing: Not Done Yet
As discussed in today’s videos, it looks like the advance in U. S. equities isn’t done yet, although a small pullback could come at any time.
Squawk Morning Briefing: How Much Higher?
Friday’s action continued to threaten more upside and if additional evidence was needed to suggest it could continue, holiday futures trading looks to have delivered it. So now the question turns to how much higher we might go. Today’s videos consider the scenarios.
Squawk Morning Briefing: Extreme Caution Here
Heading into the holiday weekend the seasonal trend is usually for additional upside. Meanwhile Thursday saw us receiving signals that the bounce from last week’s low in the S&P 500 might be more than corrective. While the bearish possibility hasn’t been eliminated here there is reason for bears to be cautious. However, […]