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: Even the Bears are Bullish
Yesterday the NAAIM released their weekly survey results showing how investment managers are positioned. The average manager was 104% long. That is, the fund had $1.04 in long exposure for every $1.00 under management. While it might not seem surprising that the pros are long right now, this is the highest average […]
Squawk DJIA Briefing for 2/1/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: GDP Surprise
Fourth quarter GDP surprised almost everyone yesterday printing at -0.1% signalling contraction in the U. S. economy, albeit slightly. Nevertheless, economists were looking for modest growth of around 1.1% so this was a shock even if it is only the advance number which is due to be revised multiple times.
The immediate effects […]
Squawk DJIA Briefing for 1/31/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Busy News Day
The docket of economic data is relatively full today starting with the ADP employment report out this morning ahead of the official BLS report on Friday. We also have the first look at Q4 GDP later in the morning and the announcement following the FOMC meeting this afternoon. Toss in a few key […]
Squawk DJIA Briefing for 1/30/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Kevin Filling In
With Kevin filling in for David who is under the weather today, we’ll skip the introductory comments and get right to today’s videos.
Squawk DJIA Briefing for 1/29/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Dissecting CATs
Pre-market traders seem to be having trouble deciding what to make of earnings from CAT. The DJIA component reported EPS that was well below street estimates but, after adjusting for one-time impact, came in materially better than consensus forecasts. The company is also suggesting that visibility into 2013 may not be that good […]
Squawk DJIA Briefing for 1/28/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.