Archive for the ‘Blogs’ Category
Squawk Morning Briefing: A New High Coming?
Patterns into last week’s high in the DJIA continue to suggest that at least one more new high is needed before any turn down. This is true even if we see follow-through on current weakness. That doesn’t mean that it’s impossible for the top to be in and we continue to discuss the […]
Squawk DJIA Briefing for 10/10/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk DJIA Briefing for 9/7/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Biggest and Smallest Dow Earnings
Yesterday we had three of the 30 DJIA stocks reporting earnings; today we have only two. BAC, the lowest of the index components, reported this morning and IBM, the highest priced, will report after the close. The price is important because the DJIA is a price-weighted average.
That means that a 1% change in […]
What You Don’t Know About Your Futures Data Can Hurt You
I have gotten many questions about futures data recently and decided to take some time and explain some of the most important issues to consider when thinking about what data to plot. If you never imagined that there are choices to consider then look at this quick example using 10 year treasury futures, one of […]
Europe Collapsing, Poor Jobs Report, Fiscal Cliff Looming: What’s Next?
Below is a free video report containing our current market outlook. It was sent to subscribers of our Elliott Squawk service on June 3, 2012 and we are now providing it to everyone for free. Because market conditions change, we update our outlook every weekday. If you find this analysis useful then you may want […]
Squawk DJIA Briefing for 5/24/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Trade Update: March 2012 E-Mini Dow Futures
The model portfolio has been stopped into our short position of two contracts at 12,081. We are now moving our stop down to 12,093, just above the afternoon high.
This is a fictitious model portfolio managed to demonstrate trading techniques which may be used to trade a speculative account. The description of this hypothetical transaction is […]
Were You Watching Dow 13,000 or 13,004?
Today, the buzz in markets seemed to be about the Dow finally reaching 13,000. While many traders were paying attention to the round number, we had our eyes trained just a little bit higher at 13, 004.81. Why, because that is a FibGrid level and we know from watching markets day in and day out […]
Trade Update: March 2012 S&P E-Mini Futures
We have yet another opportunity to raise our sell stop to enter a short position in the E-Mini S&P futures contract. The order remains for 2 contracts and we are raising the stop market entry to 1307.75. If it is triggered then we will still place our buy stop loss order at […]