Squawk Morning Briefing: Forwarned Is Forearmed
Many things can happen on options expiration: We can have a slow, directionless day; we might see an overall directionless day but with wild whips which fail to see follow-through; and we might even see a breakaway move to either direction that gets amplified by expiration activity.
Markets have been tough recently and […]
Squawk DJIA Briefing for 2/15/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Evaluating Impulsive Behavior
Overnight weakness in the equity futures and the Euro both allow us to maintain the possibility that we are now entering a third wave down in an impulsive decline. There are still alternates to that view and the most substantial argument that new highs might be seen come from the Dow Futures which have […]
Squawk DJIA Briefng for 2/14/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Is Euro Headed Higher?
Monday morning we warned that the Euro Was at a place where it could bounce and potentially rise to new highs in the run up from last Summer’s low. So far the bounce has materialized and it still has the potential to continue higher or not. Whether it will or not is the focus […]
Squawk DJIA Briefing for 2/13/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Remaining Vigilant
Yesterday we commented that the short-term patterns into Friday’s high did not look complete. Without a new high that situation remains in place today especially since the decline from Friday’s high looks only corrective so far. In the DJIA the decline was sufficient to create overlap and further cloud an already cloudy picture as to […]
Squawk DJIA Briefing for 2/12/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Top Watch
The short-term wave patterns into Friday’s high for U. S. equities does not look complete. That leaves the door open for additional upside. Nevertheless, markets remain ripe for a correction and so we are remaining vigilant looking for a possible top not too far above current levels. While it is possible that […]
Squawk DJIA Briefing for 2/11/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.