Squawk DJIA Briefing for 10/8/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Flight Delayed
 
		
A few years back a 70s pop star was on the radio talking about what it was like to still be touring and performing. He said, to paraphrase, that he wasn’t being paid to perform but rather to wait around in airports. Likewise, it is said that traders are paid to wait. […]
Squawk DJIA Briefing for 10/5/2012
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 A Romney Rally Last?
 
		
We’re not taking sides in the upcoming U. S. Presidential contest but one doesn’t need to take be partisan to recognize the market realities. The market believes that Romney is good for business and Obama is not. So it shouldn’t be a shock that as Wednesday night’s debate appeared to be coming to […]
Squawk DJIA Briefing for 10/4/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Anticipating Chop
 
		
Tuesday’s action should have rewarded those who adopted our cautious stance. We noted that it was difficult to discern the short-term direction with the possibility that we could be heading either up or down. A decent opening bounce was met with both buying and selling, so it is possible to conclude that we […]
Squawk DJIA Briefing for 10/3/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Today Could Go Either Way
 
		
As we noted in our DJIA Video, there are several short-term scenarios which could be playing out. Higher trade in the futures overnight boosts the odds of the view that we might be heading up. If so, we’ll want to watch to see if the index can complete a five-wave climb to a […]
Squawk DJIA Briefing for 10/2/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Increasingly Bad News
 
		
Last Thursday saw some weak economic news which we haven’t yet commented on. Most notably, “final” second quarter GDP came in at an annualized rate of 1.3%. That marks a significant drop from the advance figure of 1.7% and is much less than the 2.0% reading for the first quarter. There wasn’t […]
