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: If An Option Expires in The Forest…
We are reminded that it is, once again, options expiration week. That being said, with the trading volume we’re seeing right now, one might wonder if anyone will be around to notice. Expiration weeks tend to have a positive bias, but anything can happen and expiration weeks can also make for movements which […]
Squawk Morning Briefing: Bears With The Ball
The bears were in control overnight, having pushed the futures to new lows in the decline from July highs. However, there are still some scenarios where bulls could play effective defense near current levels. So be sure to pay attention to the various updated scenarios in today’s briefings.
Squawk Morning Briefing: Dog Days
Yesterday’s round trip moves occurred with relatively fairly low volume, at least in the index futures. We’ve hit the dog days of summer and markets can get a bit crazy. There are a few different options right now and we want to see one of them assert itself so that we can identify […]
Squawk DJIA Briefing for 8/9/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Interpreting the Impulse
As discussed in last night’s DJIA video and this morning’s YM video, the move down from the recent all-time high appears to be a five wave impulse. We have been tracking wave counts which would allow us to interpret such a move as the beginning of a larger move down or the end of […]
Squawk DJIA Briefing for 8/8/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Hindenburg Omen
Tuesday showed us a Hindenburg Omen signal. This is a technical conditional which occurs when there are a relatively large number of stocks making new 52 week highs and 52 week lows on the same day. When the NYSE 52 day new highs and new lows are both greater than 2.8% of all […]
Squawk DJIA Briefing for 8/7/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Looking for Tops
Action in the major U. S. stock indices continues to suggest a topping process. Overlapped action in both directions without clear impulsive structure is common before declines and it often leaves us searching for a viable short-term count while the longer-term picture is supportive of a turn. Often we are in the situation […]
Squawk DJIA Briefing for 8/6/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.