Squawk Morning Briefing: No Excuses for Bears
With the overnight move down in the futures, it looks even more like Tuesday’s bounce was a second wave correction. If so, then we are in a third wave down. Third waves are generally fast and dramatic. While they are not without bounces, those bounces should be quickly sold with a resumption […]
Squawk DJIA Briefing for 4/17/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Pathway Down
Monday’s decline included most of the ingredients to suggest that a move up ended at last week’s high. Still missing are a completed five-wave move down and a corrective bounce. Nevertheless, the dramatic nature of the decline and the broader wave count are enough for us to suspect that we will see the […]
Squawk DJIA Briefing for 4/16/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Is Another High on The Horizon?
With equity futures weak this morning there is potential that the cash indices open below the fourth wave of smaller degree. While this might hint at the possibility of a completed five-wave move to the upside, we’re still considering another leg up the most likely course. Today’s videos cover the logic supporting this […]
Squawk DJIA Briefing for 4/15/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Over There
This mornings we see weakness overseas weighing on U. S. equity futures. Whether that is enough to end the week-long impulsive advance, or at least generate a fourth wave correction remains to be seen. We’ll assess it based on the updated in today’s videos.
Squawk DJIA Briefing for 4/12/2013
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 Trend
We continue to watch an impulsive rise from last week’s low. Once complete, it will have the potential for a significant decline but until then the trend is up. Our latest views on where it might end are updated in today’s videos.
Squawk DJIA Briefing for 4/11/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.