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: Back To Work
Last week saw bullish activity in U. S. equities continue until the very last minutes of Thursday’s holiday-shortened session. Futures are off slightly this morning but it remains too early to tell whether that is a sign of some moderation in bullishness. Today’s videos discuss what we’ll be watching.
Squawk Morning Briefing: Nothing Changed Ahead Of news
Wednesday was a notably dull day in markets with very little movement. Today’s ECB rate announcement, subsequent press conference, and the BLS non-farm payroll report may breath some life into a pre-holiday half day of trading which would otherwise be expected to be rather quiet. Wednesday’s muted action did nothing to alter our […]
Squawk Morning Briefing: Don’t Put Off ‘Til Tomorrow…
Our expectation has been for the move up April to continue higher. That main question we have been focusing on is when it might turn back up and from what levels. Tuesday’s action answered those questions letting us know that the market was eager to get things rolling. The move up still […]
Squawk Briefing For 7/1/2014
As we mentioned this morning we are putting out an evening update tonight in preparation for Tuesday’s session. We’ll resume our regular schedule with our Wednesday morning briefing.
Squawk Morning Briefing: And Then There Were Two
The three likely scenarios we were considering on Friday have now been whittled down to two and both eventually resolve higher. However, we cannot yet rule out more of a pullback before heading up. Details are in today’s video.
Squawk Morning Briefing: Three Scenarios
Yesterday we considered three scenarios for the S&P 500 and price followed our most likely scenario. For today we follow a an updated version of two of those three scenarios and then introduce a new third scenario and handicap all three.
Squawk Morning Briefing: Should We Trust Short-Term Patterns?
With Wednesday’s down open, the move down from Tuesday’s high appears to be impulsive suggesting another leg down. However, it is dangerous to put too much faith in very short-term patterns. Therefore we consider multiple scenarios in today’s videos.
Squawk Morning Briefing: The Start Of Something?
Tuesday’s intraday reversal took the S&P 500 from a new all-tile high to below the close of the prior three days. In the very short term it looks like this move has more to go. Today’s videos look at how much further might be possible and what to look for along the way […]
Squawk Morning Briefing: Finally Time?
Is it finally time for the move down in U. S. equities which bears have been anxiously awaiting? We can certainly construct some scenarios where that would be the outcome. Nevertheless, there are still appear to be more reasons to favor the upside over the downside for at least a little bit longer. […]
Squawk Morning Briefing: Combined Briefing
Friday’s action saw typical quarterly expiration trading which did little to change the picture in any of the markets we follow. We’ve got a single video to update all the markets today.