Squawk DJIA Briefing for 6/11/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Another Day, Another Direction
Once again, price action on Friday served to suggest a different overall direction than the day before. While it is true that we had some warnings of this possibility based on the nature of Thursday’s afternoon bounce, we would prefer that the market show us a defined trend. At this point, it appears […]
Squawk DJIA Briefing for 6/10/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Always A Reason To Complain
After price action had seemingly signaled a different direction each day for the past couple of weeks, on Thursday U. S. equities did almost exactly what we expected to keep the downside possibility in focus. We saw a lower low to complete a small degree five-wave move and then a bounce to around the […]
Squawk DJIA Briefing for 6/7/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Turning Tide?
Wednesday’s action significantly increased the odds of further downside. Today’s videos began to trace out the likely path if, indeed, the high is in. We also update what it would take to alter this view.
Squawk DJIA Briefing for 6/6/2013
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 a Waiting Game
Tuesday saw the DJIA make a new low in the move down from May 22nd highs. However, the move wasn’t matched by new lows in other major indices. The decline failed to hold below important support areas and that leaves us without a clear indication that a larger decline is in progress while […]
Squawk DJIA Brieifng for 6/5/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Interpreting Mixed Signals
As discussed in videos, Monday’s action tilted probabilities back in the direction of an upside resolution from current levels. But we also discussed concerns with that view. We’re still in a spot where things could go either way so it will be important to see what happens next and compare it to the […]