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: Over the Horizon
No doubt about it, the very short-term picture in U. S. equities is a bit cloudy. However, bounces continue to be sold and there isn’t yet any indication that we’ve completed a move from all-time highs early in the month. So whether or not we continue down immediately or after some more of […]
Squawk DJIA Briefing for 8/21/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Blame The Taper
Global markets are in the red this morning with emerging markets hit particularly hard. Much of the talk this morning is blaming the move on an anticipated Fed taper which some anticipate could be announced at the September meeting. We are always skeptical about any claim about the cause of a particular market […]
Squawk DJIA Briefing for 8/20/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Putting Expiration Behind Us
Friday’s back and forth action was not unusual for an options expiration. Today’s videos update on what we’re looking for from the next moves.
Squawk Morning Briefing: Wrong About Expiration
There seems to be a reliable way to be wrong in whatever one anticipates from options expiration and that is to make a prediction. Whenever it looks likely that expiration will be subdued it is wild and whenever one expects movement instead it is calm. Of course, whenever one expects their predictions to […]
Squawk DJIA Briefing for 8/16/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Gap Down Action
In our DJIA video we discuss the tendency to observe opening gaps in third waves and with the futures trading down this morning that raises the possibility that we are in a third wave. Classical technical analysis classifies gaps as breakaway, measuring, or exhaustion. For this to be third wave action we want […]
Squawk DJIA Briefing for 8/15/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: A Shift in Bias
There remains a high degree of uncertainty in the short-term wave structure right now and nothing in Tuesday’s action changed that. What Tuesday’s action did alter is the negative bias we were maintaining. We can no longer prefer the idea that a downside resolution is most likely. It remains possible that this […]