Squawk Morning Briefing: Peking Goose
China started this morning’s move up when it goosed the market by relaxing bank reserve requirements. The big six central banks continued the push by announcing special programs to make U. S. Dollars available and then a positive ADP report added a last push. There is plenty more economic data on tap for today and […]
Squawk DJIA Briefing for 11/30/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Year-End Games
As we approach the end of the year, there are many factors which can affect markets other than pure perceptions of value. For 2011, major indices are roughly flat, but some individual stocks have performed quite well while others haven’t. This can often lead to tax-related selling as underperforming names are thrown overboard so that […]
Squawk DJIA Briefing for 11/29/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Worst Thanksgiving Meets Best Black Friday
U. S. equity markets shrugged off the positive bias associated with Thanksgiving week and fell each day of the holiday-shortened week. While that was evidence of negative sentiment, it also may have completed a small-degree five wave move down while leaving markets short-term oversold. In this environment, reports of the best black Friday sales results […]
Squawk DJIA Briefing for 11/28/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Happy Thanksgiving
With overnight drops in U. S. equity futures and the Euro, as well as gains in Treasury futures, market action remains aligned with our outlook. With prospects for rather light trading on Wednesday and Friday, we don’t anticipate any action which would alter our outlook. If there is, we will send a brief note. It […]
Squawk DJIA Briefing for 11/23/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Flip Flop
The recent back and forth in markets seems to have pundits switching sides faster than we can track. Those who are bullish on improvements in the U. S. economy one day suggest that it could all fall apart on European worries the next. Meanwhile, those who were worried about Europe last week are relieved to […]
Squawk DJIA Briefing for 11/22/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.