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: Intermarket Divergences Continue
We continue to see divergences between markets. That includes divergences in behavior between the DJIA and S&P 500. Both continue to be in an uptrend but DJIA continues to make new all-time highs while the S&P 500 is below it’s 2007 peak. There are also short-term differences in the two: both made […]
Squawk DJIA Briefing for 3/11/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Rolling Over
Many data vendors who supply continuous contract data have now rolled over to their equity futures so that June is the new front month. March remains the front month for another week and even though volume will shift over the coming days, we prefer to use the front month with tools like FibGrid as […]
Squawk DJIA Briefing for 3/8/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Digging into Details
Today we delve into a bit more detail on how this pattern to the upside might be unfolding. For the time being it appears incomplete and that, combined with the fact that nothing has signaled a change to the uptrend, has us looking higher for the time being.
After we see a completed pattern to […]
Squawk DJIA Briefing for 3/7/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: March Higher
As outlined in our videos, the trend will continue up until we see a clear completion pattern.
Squawk Morning Briefing: Rising Up
Overnight futures suggest that the DJIA is likely to join in a move to new recovery highs. That would leave open the question of how high this move might go. For now we’ll need to leave that as an open question until we can observe the structure of the most recent move up […]
Squawk DJIA Briefing for 3/5/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Let Markets Be Our Guide
An old trading maxim tells us, “it’s okay to be wrong but it’s not okay to stay wrong.” The message is that any trade might not work out the way we intended and that it’s foolish to allow those trades to continue. Sure they might eventually turn in our direction, but once there’s […]