Managematics
David Starr is better known as Managematics to members of the First Wave chat on ThinkOrSwim. Most use his many freely-distributed implementations of First-Wave technical studies and his regular market commentary, including timely trading insight based on Elliott Wave analysis. David's acclaimed FibGrid and DynaRange indicators are available right here on FWTrader.com.
Trade Update: March 2012 S&P E-Mini Futures
We have yet another opportunity to raise our sell stop to enter a short position in the E-Mini S&P futures contract. The order remains for 2 contracts and we are raising the stop market entry to 1307.75. If it is triggered then we will still place our buy stop loss order at […]
Trade Update: March 2012 S&P E-Mini Futures
We are still looking to establish a new short position in the March S&P 500 E-Mini Futures. We are moving our sell stop up from 1303.00 to 1306.75. If it is triggered then we will still place our buy stop loss order at 1318.50. If trade climbs above 1318.50 […]
Squawk Morning Briefing: No, The Trick’s on You
As we discuss in the DJIA video, U. S. equities are near a place where they must turn down in order to keep the bearish view alive. Many factors still suggest that this is the likely outcome based on Elliott wave analysis. Meanwhile, the push ever closer to new highs is an indication that many […]
Squawk DJIA Briefing for 1/23/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Plenty to Watch
There is plenty to watch on the open this morning. There is often some craziness at the open on every options expiration since the first print establishes the settlement price for most index options. Added to that the volatility induced from big earnings movers that weigh heavily on indices that we mentioned […]
Squawk DJIA Briefing for 1/20/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Trade Update: March 2012 S&P E-Mini Futures
We are still looking to establish a new short position in the March S&P 500 E-Mini Futures. We are moving our sell stop up from 1294.00 to 1303.00. If it is triggered then we will still place our buy stop loss order one tick over the high.
This is a fictitious model portfolio managed […]
Squawk Morning Briefing: Divergences Galore
U. S. equities continued their march higher on Wednesday. However, it is interesting to note that as prices continued to close higher above their October 27th levels the number of stocks making new highs is decreasing. This is evidence of lack of leadership in the rally and warns that it may not continue. […]
Squawk DJIA Briefing for 1/19/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
New Trade Setup: March 2012 E-Mini S&P Futures
Once again we are looking to short 2 contracts of the March 2012 S&P 500 E-Mini Futures. We will establish a sell stop at 1294.00. If it is triggered then we will place our buy stop loss order one tick over the high.
This is a fictitious model portfolio […]