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: Sitting in Limbo
From current levels we can argue for scenarios which requires yet another new high in U. S. equities as well as scenarios which would have a top in place. Either way, the action still has the character of a market that is trying to put in a top. Today’s videos update the criteria […]
Squawk DJIA Briefing for 2/8/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Extending The Overbought Rally
For several weeks now we’ve been highlighting overbought conditions in the markets while commenting that prices can continue to grind upwards much further and longer than anticipated. This is how topping processes have been coming together lately, with false starts to the downside which get near confirmation levels and appear poised to break them […]
Squawk DJIA Briefing for 2/7/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Looking for Evidence
Equity futures are selling off once again in pre-market action. The wild swings we’ve had for the past few days are typical of topping action but they are insufficient to tell us that a top is clearly in place. The currency markets are showing clearer signs of a possible turn and that may […]
Squawk DJIA Briefing for 2/6/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Unfinished Business?
In pre-market trading futures have retraced much of Monday’s decline. Of course that also means that should we open up at these levels that much or all of Monday’s gap. Should stocks then begin to fall they could do so without the unfinished business of an unfilled gap to worry about. Yet […]
Squawk DJIA Briefing for 2/5/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Dow 14,000
Friday finally saw the DJIA reaching the psychologically important 14,000 level. The wave structure of the rise from Thursday’s low to Friday’s high isn’t completely clear, so it’s hard to tell if the high marks a completed five-wave move, but in the count we’ve been tracking there is a possibility that when that move […]
Squawk DJIA Briefing for 2/4/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.