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.
Squawk Morning Briefing: Euro Bounce?
We’re still waiting for a confirmed turn in equity markets. At the same time, it looks like the Euro could be ripe for a counter-trend bounce before continuing to the downside. Full details are in today’s videos.
Squawk DJIA Briefing for 1/9/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Portfolio Review for Week Ending 1/6/2012
We are comfortable with our open positions after our first week managing the model portfolio. Our position short sugar futures was opened on Thursday and the dramatic drop increases the likelihood that the commodity is resuming its downtrend. Taking out mid-December lows will further add to this potential. Thursday’s sharp decline […]
Squawk Morning Briefing: Looking Past Employment Numbers
The BLS labor report came out just as we were wrapping up to send out our briefing. The addition of 200,000 jobs topped estimates but fell short of the large jump reported by ADP on Thursday. An unemployment rate of 8.5% from the household survey added to the good news. It […]
Squawk DJIA Briefing for 1/6/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
December 19th MotiveWave Webinar Archive
Our December 19th MotiveWave webinar provided an overview of the Elliott wave capabilities of the software. We have a follow-up webinar scheduled for January 9th at 8pm EST to provide some tips and tricks for getting the most out of the MotiveWave software when managing wave counts. You can register here.
To save the […]
Daily Portfolio Summary 1/5/2012
The model portfolio performed well today. At 11:03am our sugar futures sell stop triggered getting us short from 24.10. Sugar spent the next 45 minutes going sideways and then took a steep dive to hit its low of the day within an hour of our entry. Sugar closed the day at 23.17 after a sideways […]
New Trade Setup: March Sugar
The model portfolio will sell short 2 contracts of March 2012 No. 11 Sugar at the market on any trade below $24.10. Our initial stop will be placed at $24.66. We have our sights set on sugar trading to at least the $18.00 range. If March sugar trades above $24.46 before our […]
New Trade Setup: IBM Puts
The model portfolio will buy 2 contracts of April 2012 IBM $185 puts for $10.00. Our initial stop loss will be if IBM trades above 188.75. Our initial target is a $173 price on IBM.
The Managematics Model Portfolio is a fictitious portfolio managed to demonstrate trading techniques which may be used to trade […]
Squawk Morning Briefing: Resolve to Be Patient
If it is difficult waiting for patterns to complete in U. S. equities, perhaps patience should be on your list of new year’s resolutions. This drawn out correction appears able to test to resolve of even the most stoic soul. Nevertheless, it doesn’t do much good to jump the gun, so we […]