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: Event Risk
Today’s videos update our current view of the wave structure. Markets appear to still be at a short-term decision point and additional selling could push things to a bearish view so long as the selling is consistent with the parameters we lay out in our analysis.
News events (scheduled or not) can often tip things one […]
Squawk DJIA Briefing for 4/30/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Possibilities
Once again patterns are near a place where the wave structure could reasonably support the idea of a turn down. It is important to remember that this is different from saying that the market will turn down here, or even asserting that it should turn down here. There remain alternatives that call […]
Squawk Morning Briefing: A Seat Near the Door
Nothing in the last day changes the short-term ambiguity about trend. And nothing changes the broader impression that we are seeing the sort of price action which generally accompanies tops. These rolling tops can continue for a long time, sometimes a painfully long time. So it isn’t yet a time to rush for the exits, […]
Squawk DJIA Briefing for 4/26/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: I Quit!
Markets seem to have no memory from day to day. One day mood is good and stocks are being bought driving markets sharply up and the next day they sell of just as hard. In our DJIA briefing today we discuss this situation and the ensuing frustration that might tempt us to […]
Squawk DJIA Briefing for 4/25/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Light and Tight
The situation in U. S. Equity markets remains murky and mostly fit for short-term trading until the larger trend is more obvious. The one clear message the market is sending remains that those who are not nimble, very short-term traders shouldn’t be doing much here.
The situation in the Euro maybe becoming clearer […]
Squawk Morning Briefing: Foolish Games
This remains an extremely tricky spot with good looking counts in equity futures looking bearish. At the same time, Friday’s action in the DJIA took out a level that suggested that more upside may be seen before continued selling, even if that upside action is part of a correction. The DJIA only […]
Squawk DJIA Briefing for 4/23/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.