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 Ahead
We continue to wait for clear signs of a top. In the mean time we can look forward to a fairly full schedule of planned events with market moving potential in the coming days and weeks. This is “jobs week” so we’ll see the ADP report this morning in advance of Friday’s monthly […]
Squawk DJIA Briefing for 4/3/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Not Done Yet
It was only a few weeks ago that we were waiting for a retracement that was large enough to appear as a fourth wave in the advance from late February lows in U. S. equities. While we finally saw enough sideways action to qualify it did leave us with uncertainty about where the fourth wave […]
Squawk DJIA Briefing for 4/2/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: April Fools
On this first day of the fourth month we know that pranksters are more likely than usual to play tricks on us. Yet those of us watching U. S. equity markets should be used to this by now. After all, most of February was spend going sideways with moves that whipped traders […]
Squawk Morning Briefing: A Little Light News
In addition to weekly jobless claims and Chicago PMI today’s data docket includes the “final” revision to 4th quarter GDP. Usually this third estimate of GDP sees little change from the prior two reports and, therefore, doesn’t move markets too much. However, Q3 saw a large, unanticipated downward adjustment so we’ll just need […]
Squawk DJIA Briefing for 3/28/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: In Limbo
This morning we could almost repeat our comments from yesterday. We are in the middle of recent consolidation range with plausible interpretations which would allow the top to be in and others which would propel us yet higher before a turn. The dramatic overnight move in risk assets has the smell of something […]
Squawk DJIA Briefing for 3/27/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Broken Record
Once again we have a plausibly complete five-wave move up at Monday’s high. However there are enough reasonable alternate interpretations to be wary of calling the high in. Those alternate interpretations would see prices continue somewhat higher before any turn down. Therefore, without further evidence that a turn is in place we […]