Squawk Morning Briefing: What Does A Market on Crack Look Like?
What does a market on crack look like? Check current charts. While you’re at it, check out the chart for MNST. The company which produces caffeinated energy drinks reported earnings last night and is poised to continue trading down as a result. We’re waking up to the reality that too many […]
Squawk DJIA Briefing for 5/9/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Choppier Action?
There is a potential that we’re entering a series of fourth and fifth waves in upside moves in U. S. equities. If so, that would mean that what had been strong upside pushes will continue up but with choppier action which makes it harder to hang on. However, other options are possible so […]
Squawk DJIA Briefing for 5/8/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: They Finally Stopped
We’re one short week into the month of Spring blooms and suddenly all the talk of “sell in May” seems to have disappeared. Perhaps that’s the net result of a strong up day in response to a poor Non-Farm Payroll report but which managed to clear the hurdle of very low expectations. Nevertheless, […]
Squawk DJIA Briefing for 5/7/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: BLS Bounce
Friday’s BLS report launched equity markets higher, finally achieving the new high in the DJIA which we had wanted to see before any decline. Given the extent of the bounce, it is unlikely that prices will fall directly from here and that we need to see at least a few subdivisions higher. Of […]
Squawk Morning Briefing: What Will BLS Tell Us?
With not much changed in the broader picture going into today’s session, perhaps the reaction to the BLS report will shake things loose and begin to confirm a move.
Squawk DJIA Briefing for 5/3/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Watching The Euro
Uncertainty remains with U. S. equities. In fact we present different preferred views as to whether the top is in or not in the DJIA and YM videos. As we have said many times, we need to see clear evidence and today’s videos update that criteria. While we’re waiting for that to […]