Squawk Morning Briefing: Confirmation Remains Key
Once again we’re looking for signs that multiple degrees of five-wave advance might be ending. As before, we need to see confirmation before presuming that a trend change has occurred and the levels we’re watching are updated in today’s videos.
Squawk DJIA Briefing for 4/10/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: U-Turn?
Tuesday saw prices move down right from the open, something we suggested was needed in order to keep the downside view alive. However, after that morning drop they continued higher — not at all what bears needed to see to have any confidence. That leaves the move down from all-time highs in the […]
Squawk DJIA Briefing for 4/9/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Decision Point
After Friday’s gap down and grind higher, U. S. equity markets are in a spot where they need to turn back down near current levels or expectations will have us looking for at least one more new high. The number of economic reports drops off this week, but bond traders will likely focus on […]
Squawk DJIA Briefing for 4/8/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: State of Play
Many things are in play this morning. The Euro made new lows we’ve been waiting for yesterday and is starting to bounce, bond futures are testing cited resistance levels and equity futures are continuing to sell off. All of these actions have multiple possible interpretations which we cover in today’s videos.
Squawk DJIA Briefing for 4/5/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Looking Ahead to BLS Report
While we have a busy news day today, perhaps the biggest report on the horizon is Friday’s non-farm payroll numbers from the BLS. As we discuss in both the DJIA and YM videos, it looks as if we’ve seen a five-wave decline in U. S. equities which suggests that we are likely to see […]
Squawk DJIA Briefing for 4/4/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.