Squawk DJIA Briefing for 9/24/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Anything Can Happen Day
 
		
Nothing has changed with respect to the long-term picture. However, in the short-term anything can happen today going into options expiration. Early strength in the futures could disappear at the open as an ongoing correction continues, or we could continue up to complete a fifth wave which we have been anticipating. One […]
Squawk DJIA Briefing for 9/21/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Expiration Effects Take Control
 
		
We are now in the home stretch of quarterly expiration week. These significant expiration events often lead to the sort of sideways action that we’ve seen the past few days and it suggests that we’re likely to continue to experience through Friday. If you walk through the logic of how significant open interest […]
Squawk DJIA Briefing for 9/20/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Another Fix
 
		
Last night the BOJ came in to juice the world economy with another fix of QE liquidity. U. S. Equity futures reacted with a spike but have given much of it back as of 8:00 EDT. If nothing changes then we’re set to open not too far away from Tuesday’s close and, therefore, […]
Squawk DJIA Briefing for 9/19/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Will The Pattern Repeat?
 
		
The patterns of five-wave moves in the direction of trend and three-wave moves against the trend as described by R. N. Elliott continue to repeat in the market. It is hard to argue that the overall trend since 2009 has been up, but the overall impression is of a three-wave move implying a corrective […]
Squawk DJIA Briefing for 9/18/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Wait for It
 
		
We are once again in a position where U. S. equities could turn down and be consistent with the wave count but they could continue higher.  That means we need to wait and see some evidence that the turn is likely to continue as discussed in our videos.
Meanwhile, it looks like the Euro has […]
