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: Short Day
Markets tend to have a positive bias into the Independence Day holiday so we might expect some upside. However, volume pretty much dried up on Monday even before Tuesday’s shortened session. Whether we are positive or negative, we may not see dramatic moves upward or downward. Instead, the any drama might be […]
Squawk DJIA Briefing for 7/3/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Short-Term Uncertainty
Our DJIA video mentions the possibility that a corrective wave 2 ended on June 19th and that Friday’s rally was merely a deep corrective retest of that area. This has been our count for some time up until Friday but just because it remains possible doesn’t mean that it is probable. Prices […]
Squawk DJIA Briefing for 7/2/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: David Filling In
Kevin is out today and David is filling in. We have combined the DJIA and YM videos into one as we usually do on occasions like this. Kevin will return on Monday.
Squawk Morning Briefing: Something Ended
Early morning selling in sympathy with European markets reinforces the idea presented in last evening’s DJIA briefing — something likely ended at yesterday’s high in U. S. equity markets. It remains possible that it was a complete second wave correction and prices are headed to new lows. However, it also remains possible that […]
Squawk DJIA Briefing for 6/28/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Watching Grid Levels
We have another day where the short-term picture has failed to clarify. Keeping track of FibGrid levels can help us track where we are until we can identify a likely wave count. FibGrid levels have their origin in Elliott waves and by choosing to stay firmly above or below a particular support/resistance […]
Squawk DJIA Briefing for 6/27/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Staying on Our Toes
We continue to track the idea that many markets saw an important turn last week. Evidence supports this idea even though it remains unconfirmed and the wave count subsequent to a possible turn isn’t yet clear. As we discuss in our videos, the situation suggests that counter-trend moves which remain corrective […]