Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: Odd November
We all know that Options expiration can lead to odd trading behavior so who knows what could happen today. Our best interpretation suggests that U. S. equities will continue higher so we’ll stick with that until we see signs that suggest otherwise (specific signs are outlined in today’s videos). This will be a […]
Squawk Morning Briefing: Fifth Wave in Progress?
One could make an argument that the next leg up we have been expecting is now in progress. Today’s video on U. S. equities covers the action we would need to see in order to maintain that argument.
Squawk Morning Briefing: Not Much Changes
Once again, Tuesday’s action did very little to change the overall outlook. Full details are in today’s videos.
Squawk Morning Briefing: Nothing day
Monday was a nothing day in most markets leaving much of our analysis unchanged.
Squawk Morning Briefing: Relief or Euphoria?
On Friday we discussed the tendency of fourth waves to try and scare bulls by challenging support levels, often in dramatic fashion. We saw those levels hold and that propelled prices higher. That has us continuing to look higher for the time being, but with the realization that if last week’s pullback was […]
Squawk Morning Briefing: BLS in Focus
No doubt about it, Thursday’s reversal in U. S. equities was dramatic. While it might be a sign that a reversal has begun, so far we haven’t seen a decline that we can confidently say is more than a fourth wave correction. Fourth waves can be known to shake out weak longs before […]
Squawk Morning Briefing: Euro Surprise
The ECB came out with a “surprise” rate decision this morning sending the Euro plummeting and popping U. S. equities. While the move might have been a shock, the additional leg down in the Euro wasn’t. Following the announcement we recorded an updated Euro video to cover the interpretation.
We’ll see if the pop […]
Squawk Morning Briefing: Fourth Wave Blues
U. S. equities continue to act as if they’re in a fourth wave. The back and forth motion can be frustrating and while it could be over, we know that it could also continue sideways. If this is, indeed, a fourth wave the eventual resolution should be to the upside but one could […]
Squawk Morning Briefing: Anything Can Happen
This remains a really tough spot for U. S. equities. Just about anything can happen right here, especially if we’re still in a fourth wave. This remains a spot for the market to prove itself one way or another.
Squawk Morning Briefing: Door Wide Open
The door was wide open to the downside on Friday, U. S. equity bears just needed to walk through it. We had reasons to be skeptical about whether they would and so far those concerns have turned out to be well-founded. Now we have one more reason to suspect the uptrend isn’t yet […]