Squawk Morning Briefing: Still No Meaningful Bounce
Still no significant bounce keeps the possibility of a dramatic third wave breakdown possible in U. S. equities as outlined in today’s videos. What remains to be seen is whether we see the described action which would help improve the likelihood that we’re in an impulsive decline and beginning a change in trend.
Squawk DJIA Briefing for 11/14/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Will Today Be Pivotal?
For the past few days U. S. equities have been in a position where they could break down in third wave action. So far that dramatic drop hasn’t occurred, although the lack of any sort of substantial bounce keeps the possibility alive. At the same time we can see that overnight the Euro […]
Squawk DJIA Briefing for 11/13/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Nothing New
Monday morning sees little change in outlook from last week. U. S. Equities remain in a position that would allow for a dramatic decline from current levels or modestly higher, yet they haven’t confirmed a clear intent to do so. Meanwhile the Euro is holding above an important support area. Treasuries still […]
Squawk DJIA Briefing for 11/12/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Measuring Gap?
This morning’s YM video was recorded before prices started the steepest part of their pre-market descent. At that time there were multiple interpretations available for the action including one which allowed for prices to be approaching the end of a five-wave decline and preparing four a bounce.
Meanwhile, our view in the DJIA remains the same […]
Squawk DJIA Briefing for 11/9/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Something Growing out of Season
This morning our first snow of the year is covering the ground. It feels like an odd time for bears to come out of hibernation yet they were out in force on Wednesday. Action had the feel of a third wave and, if so, that would have us anticipating continued downside over the […]
Squawk DJIA Briefing for 11/8/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.