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: SPX Closing In On Minimum Expectations
Thursday saw the S&P 500 make new all-time highs on both an intraday and a closing basis. Meanwhile, the DJIA is still trading below prior highs. At this point, the S&P is close to meeting minimum expectations for a completed move up. Today’s video discusses this concept in more detail as it […]
Squawk Morning Briefing: Questions Answered
Many of our short-term questions were answered on Wednesday. Today’s videos update our expectations and set the stage for the next moves.
Squawk Morning Briefing: Short Term Patters Still Urge Caution
The short-Term patterns still could resolve either way as discussed in today’s videos.
Squawk Morning Briefing: Time Frame And Risk
While we are aware of the possibility that a larger decline is in progress, there is nothing right now to confirm that to be the likely scenario. Short-term patterns are inconclusive, making them difficult to trade. From a risk management perspective, anyone trading based on the fact that longer-term patterns appear incomplete should […]
Squawk Morning Briefing: Kevin Filling In
David is dealing with family medical issues again so Kevin is filling in with his view of the cash markets. Not much has changed since Friday. Likewise, there isn’t much change to our view of the Euro which is hanging out just above the June 5th low.
Squawk Morning Briefing: Scary Friday The 13th?
U. S. equities are only just now coming into the area we anticipated for fourth wave action, so even with Thursday’s additional decline, it is too early to reject our view calling for new highs. However, there are elements of the decline which are starting to cause some worry.
It is the role […]
Squawk Morning Briefing: So Far So Good
So far, this pullback in U. S. equities is matching our expectations. While Elliott wave gives us a basis for that expectation, we always need to be alert for something that doesn’t go to plan and Elliott wave also gives us behavior that would tell us when to give up. Today’s videos update […]
Squawk Morning Briefing: Expected Pullback?
We’re starting to see a bit of a pullback in U. S. equities. We’ve known that one could come at any time but we’ve also expected that the decline would be limited. Today’s videos update our expectations.
Squawk Morning Briefing: Where Has All The Volatility Gone?
The slow grind higher has crushed the VIX. Lack of downside fear plus small intraday range have conspired to drain options of premium. Perhaps the summer months will bring some air pockets but for now, we still see the dominant direction as up until we can see a more obviously complete pattern
Squawk Morning Briefing: Will Anything Stop This Uptrend?
The uptrend continues. Sooner or later we will see a setback, but for now we expect it to be only that. Whether it comes sooner or later, the next moderate pullback should be only a pause in the uptrend. Afterward we can start looking for a bigger decline.