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: Short-Term Clues
Very short-term patterns are bullish for U. S. equities, but there are some clues that may help us answer the question posed yesterday regarding how far things might travel above minimum upside expectations. We dig into those clues in today’s videos.
Squawk Morning Briefing: SPX Objective Achieved
Once Monday’s decline turned out to be merely corrective, the minimum upside objective was another new all-time high. That minimum expectation was already met on Tuesday. But that is just the minimum expectation and how much more we might get depends on the pattern. We talk about this in today’s video.
Squawk Morning Briefing: Could This Have Been Predicted?
Much has happened since our Monday morning briefing. Futures are up dramatically this morning and testing all-time highs. It is a little late to suggest we prepare for such a move but we can look back to Monday’s action and see what trading clues may have existed and how one might have prepared.
Squawk Morning Briefing: Plausibly Complete
Friday we mentioned the need to wait until we see a pattern which is plausibly complete. In today’s video we discuss how we’ve now seen such a pattern in the S&P 500 and we focus on other questions, like determining what might have ended and what that means as far as how much downside […]
Squawk Morning Briefing: Looking For Plausible Completion
With the S&P 500 printing at all-time highs we can look for the possibility of a turn down once we can count a completed five-wave move up from swing lows earlier in the month of February. As we’ve talked about, the last segment of the rise looks more like a three-wave move than a […]
Squawk Morning Briefing: Still Higher?
Overall, it looks like we’re likely to see higher prints in U. S. equities before all is said and done. However, there are still question marks about when that move higher might come and at what levels the move might originate. Today’s videos discuss the logic behind that belief, some possible paths that […]
Squawk Morning Briefing: All Clear for Bulls?
We know what the pattern should look like if the high is in for the S&P 500 and so far it doesn’t look like we’re seeing it. That suggests that we may likely see at least one more new high in the index, if not more. We dig into the details of the […]
Squawk Morning Briefing: Intermarket Divergences Remain
The S&P 500 made new all-time highs on Monday while the DJIA remained below its peak set on December 31st. We know it isn’t uncommon for different indices to establish tops at different times at significant turning points so it remains possible that the DJIA won’t see levels above its 2013 high before we […]
Squawk Morning Briefing: New View
To start the week, our newsletter is using a new video player that appears to resolve problems with emerged recently related to Internet Explorer. If you experience any trouble viewing videos in any browser please let us know.
Squawk Morning Briefing: Another Options Expiration
Overall, the action on Thursday suggests that we’ll see more upside in U. S. equities before all is said and done, but the the path there isn’t clear just as it isn’t certain. Add to that the crazy action we can sometimes see on options expiration and today might be a good day to […]