Squawk Morning Briefing: In Other News…
It is safe to say that the market remains captive to news. It remains to be seen whether we will have any short-term news about the crises in Greece and Spain; new “technocratic” leaders in each country are merely getting started in there attempt to address an intractable problem. If news about the crises subsides […]
Squawk DJIA Briefing for 11/14/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Yo, Eleven
As we enter trade for the eleventh day of the eleventh month of the eleventh year of this millennium, we note that bond markets are closed in observance of Veteran’s day. Other U. S. exchanges are open and most likely have their sights set over to Europe. We have no insight on the news today, […]
Squawk DJIA Briefing for 11/11/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: On Script
At least for a day both currency and equity markets are following the script suggesting by their Elliott wave patterns. That script suggests a continuation of Wednesday’s move after a correction completes.
Squawk DJIA Briefing for 11/10/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: In The Nick of Time
The confirmation we were looking for Tuesday morning never arrived and U. S. equities ended the day positive instead of negative. They ended the day testing, but not eliminating the potential for an immediate resolution. It was a tight spot, since the immediate bearish case was the only one which we could obviously fit into […]
Squawk DJIA Briefing for 11/9/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Still Awaiting Confirmation
We are being reminded again of a situation that has been with us since 2009: it can be difficult to find the end of a correction, especially a deep second wave correction. Nevertheless, we continue to expect wave (2) in U. S. equities to end some. As we continue to point out, it may already […]
Squawk DJIA Briefing for 11/8/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.