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: Same Song Different Verse
The Euro continues to look like it has turned and U. S. equities continue to look ripe for a turn. However, we need to allow for the equities to continue to grind higher until they fall below confirmation levels. This has remained the current situation for some time. We have possible upside targets and updated […]
Squawk Morning Briefing: Key Ingredient for a Top
We are running out of new ways to describe the situation in U. S. equities. Conditions remain ripe for a top, but that condition has persisted for a long time. What remains necessary to take a bearish stance is to see selling that takes prices below confirmation levels and which show five-wave movements downward.
The euro […]
Squawk Morning Briefing: Still a Waiting Game
In our equities videos today we talk about the lack of a compelling move down from Wednesday’s high. Despite weakness in overnight futures, we would like to see a clearer wave structure down from the high before looking for a turn, or even a protracted correction. We can construct counts that ill allow prices to […]
February 10th Webinar Archive
Our February 10th webinar again looked at using FibGrid for longer-term moves as well as FibGrid Stock Update. We reviewed how FibGrid lines are calculated and what they mean and how the grid parameters are identified. Several folks have told me that this was the best FibGrid session I’ve held, so you may find it […]
Squawk Morning Briefing: When Will I Be Unloved
When a top in U. S. equities is finally struck it will be from a new high off the March, 2009 lows. In that regard, and in regards to the wave count and our technical indicators, Wednesday’s high could be the top. We continue to see the new high struck on flagging momentum on multiple […]
Important Information for Webinar Participants
A few people had trouble with Tuesday’s webinar. I am in contact with NetViewer and they are working to resolve the problems and there is a work-around that is available in the mean time. While many people were able to participate in the session, I’m troubled that not everyone who set aside time to join […]
February 8th FibGrid Webinar Archive
Our February 8th webinar spent time discussing how to use FibGrid when evaluating longer-term moves. While these techniques are valuable for any security, we focused on looking at individual stocks and demonstrating the new FibGrid Stock Update. We also showed a favorite technique of using FibGrid on the largest Dow stocks to provide early warning and confirmation […]
Squawk Morning Briefing: Welcome Back My Friends to the Show that Never Ends
U. S. Equities put in another new high on Tuesday and although peaks continue to arrive on what appears to be lower momentum with lots of divergence, there still isn’t clear evidence that a top is in. Therefore, we’ll continue to wait for the scenario to play out as we outline in today’s video briefings.
Squawk Morning Briefing: Another New Day; Another New High
We don’t know that today will bring another new high, but lately that has been the pattern. And even though the continued grind upward remains tiresome, the upward pattern still appears incomplete as we discuss in our video briefings today. The Euro looks to have already turned and should continue downward after it completes an […]
Squawk Morning Briefing: Another New High?
Equity futures seem poised to generate a gap up at the open. That combined with incomplete upward counts has us looking for continued new highs. Nevertheless, we continue to see a move that is in it’s latter stages, even though it may continue to stagger upwards. The Dollar looks poised for a string of new […]