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: Remaining Flexible
U. S. equities spiked below important levels on Wednesday and it appears that futures have tested that important region overnight. The selling to reach those levels was sharp which invokes images of an impulsive decline, but the pattern so far is less than convincing. That forces us to be flexible today allowing for […]
Squawk Morning Briefing: Decision Day
Today the FOMC will come out with its policy decision and, at the same time, the market is in a spot where the pattern suggests it also has a decision due. Perhaps the market will merely mark time to force the FOMC statement first. Today’s videos discuss how we’ll infer the market’s decision […]
Squawk Morning Briefing: Interpreting The Bounce
Monday did, in fact, give us some interesting indications about the decline from early in the month. However, it would be overstating the situation to say the picture was now clear. Today’s videos update the outlook based on Monday’s sharp bounce.
Squawk Morning Briefing: Pivotal Day?
In U. S. equities as well as many markets we’re tracking we have not yet been able to confirm an important change in trend. While it is possible that proof one way or another continues to drag out for several days, it seems like we’re at an important point where equity bears need to […]
Squawk Morning Briefing: Direct to Video
Because of a minor event here this morning we’ll skip written comments and go straight to today’s videos.
Squawk Morning Briefing: Continuing To Watch Euro Diagonal
There is still little changed in the Euro but we take some time today to update the ending diagonal scenario we’ve been watching. Meanwhile, there remain some important near term questions for U. S. equities so there’s a lot to consider in today’s videos.
Squawk Morning Briefing: Is It Time to Change Our Outlook?
Global markets continue to be week and that weakness seems to be spilling over into U. S. equities. Is it enough to change our outlook which has been expecting new highs? Today’s videos take a look?
Squawk Morning Briefing: Short-Term Coming Into Focus
Monday’s action has helped to clarify the short-term action in U. S. equities. While the exact pattern remains unclear, the overall impression is of a corrective move down from Friday’s high. That leaves the path to the upside open whether it begins from current levels or after more corrective action the unfolds sideways […]
Squawk Morning Briefing: Short-Term Uncertainty
Friday’s action has thrown the short-term view of U. S. equities into a bit of an uncertain pattern. That leaves us to rely on the longer-term trend and forces us to wait for a few more clues before forming an opinion of the short-term situation. Full details in today’s videos.
Squawk Morning Briefing: Anything Can Happen
Ahead of the Non Farm Payroll report anything can happen. However, we can count a completed upward move in U. S. equties that could foretell at least a corrective move down in U. S. equities. Today’s videos discuss how far it could go and what it would take to confirm.