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: Mapping Out Expiration
With all the volatility in the markets lately, it would be easy to overlook the fact that this is options expiration week. So far the week has been a bit calmer than last week even though expiration is generally thought to add volatility. Whether or not range starts to expand, we could see some seemingly […]
Squawk Morning Briefing: When Germany Sneezes…
As Monday’s day session was coming to a close, prices were testing the upper limits of our reversal ranges for U. S. equities. However, they were doing it on a weak push up as we discuss in our DJIA video today. Our YM video covers the impressive decline in overnight futures and reinforces the idea […]
Squawk Morning Briefing: Confirming Five
We are still waiting to confirm five waves down in equity indices with the end of a fourth wave. Then we need to figure out degree. Details are in today’s videos.
Squawk Morning Briefing: Impending Death Cross
The S&P 500 seems destined to have a death cross today. The colorfully named event is used to describe when the 50 day moving average crosses below the 200 day moving average. If the index bounces the better part of 100 points then the situation may be forestalled, otherwise today’s close will see these moving […]
Squawk Morning Briefing: Technical Troubles
It seems that we’re running out of space to store all of our videos. We keep all the archives so that past updates are always visible if you want to go back and review them, but this morning we had to juggle a few things to find space and we’re getting our update out a […]
Squawk Morning Briefing:How High Will it Bounce?
Right now there is no immediate way to predict if Tuesday’s bounce is now over or if it has further to go. We’ll have to wait and see as there are scenarios which support both cases and we present them in today’s videos. However, once it is complete (either here or from higher levels) we […]
Squawk Morning Briefing: Crash Part 1
It is the breadth of Monday’s decline which tells us that we were (or are) witnessing a market crash. This is even more significant than the total value lost. Breadth on Monday was the worst recorded ever. This is typical of third wave activity, but what remains to be seen is what degree of third […]
Squawk Morning Briefing: Debt Downgrade Means Something
There was some telegraphing about a potential U. S. debt downgrade on Friday, but the news still seemed to shock world markets and has increased volatility going into today’s session. Now airwaves and web pages are abuzz with chatter about what it all means: what it means for the country; for the global economy; and […]
Squawk Morning Briefing: A Critical BLS Report
With U. S. equities deeply oversold and likely in the early stages of a primary degree bear market move, reaction to today’s BLS report is likely to be critical to the short-term move. A positive reaction could fuel a sharp short-squeeze rally, and a negative reaction could begin a crash. It is unlikely that we […]
Squawk Morning Briefing: August 4, 2011
We’ll skip the commentary today and get right to the videos…