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 DJIA Briefing for 12/17/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: So Far Indecisive
Thursday’s decline keeps alive the possibility that a turn down has begun in equities. However, the move merely went far enough to test support — and it held. Any move that stops nearby could be corrective allowing for more highs. Therefore, we’re still waiting for a decisive move as described in […]
Squawk DJIA Briefing for 12/14/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Underachiever?
Once again, the market is in a position where it could reasonably roll over and be consistent with an Elliott wave view that would look for dramatically lower prices ahead. But merely having potential doesn’t mean that it’s realized. In that regard, this market has been a Bart Simpson style underachiever. Since […]
Squawk DJIA Briefing for 12/13/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: FOMC Wait And See
It’s not really clear what the FOMC could do that is unexpected and would move markets, but that is the nature of the word “unexpected.” So rather than second-guess whether or not we’ll get a dramatic move on the announcement, let’s just be aware that historically there’s often a significant move even when there […]
Squawk DJIA Briefing for 12/12/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Seeing The Forest And The Treeline
Yesterday we mentioned the importance of the 13,171 area for the DJIA. The exact level of the treeline is 13,171.21 and the index closed at 13169.88; 1.33 away. We saw congestion near this area for most of the trading session. The market has confirmed to us that the treeline matters and now […]
Squawk DJIA Briefing for 12/11/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Decision Area
13,171 has been on our radar for months. A positive reaction to Friday’s BLS report brought us within spitting distance of the important level. Meanwhile, the move up from November lows seems to be running out of momentum. We still don’t have anything to hang our hat on to suggest that the […]