Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: Winding Down
In a few minutes, the non-farm payroll report will cap off a busy week of news. We should also see earnings from CVX, the second highest-priced stock in the DJIA. Next week will be much lighter. It is still earnings season but we will mostly see smaller, less influential reporting. […]
Squawk Morning Briefing: Tough Short-Term
U. S. equity markets are showing us typical topping action: The patterns are different across various equity markets; we have what appear to be three-wave moves in multiple directions; and various divergences are starting to appear. This doesn’t mean that a breakdown is imminent as topping action can continue for some time. It […]
Squawk Morning Briefing: Alphabet Soup
In just a few minutes ADP kicks off our alphabet soup of economic reports with their estimate of non-farm payroll numbers later in the week. Followed by GDP, PMI, and FOMC. Those can have big impact in all of the markets we cover so it could be a wild day. Kevin is […]
Squawk Morning Briefing: Dualing Central Bankers
Yesterday we discussed upcoming news events which could move U. S. equity markets, including the FOMC statement expected on Wednesday. Since the FOMC effectively ‘sets the price’ of the U. S. dollar this can also impact the foreign exchange market. In addition, the ECB is scheduled to make a policy announcement on Thursday […]
Squawk Morning Briefing: Chock Full O’ News
We are heading into a very busy week for scheduled economic data. It is jobs week with the BLS non-farm payroll number on Friday and the typical private jobs numbers earlier in the week. But we have quite a number of additional events with market-moving potential including the first look at 2nd quarter […]
Squawk Morning Briefing for 7/26/2013
Let’s get straight to today’s video updates without further introduction.
Squawk Morning Briefing: Frightening Fourth?
With a decline in most equity indices on Wednesday and further declines in futures overnight it might suggest that the rise from June lows might be over. However, we are reminded that we haven’t yet seen a clear fourth wave and that the purpose of fourth waves is to scare us into believing that […]
Squawk Morning Briefing: Respecting The Trend
There is little new in the last day so our videos just update the possibilities we’ve been tracking. In U. S. equities the trend remains up and while we could see a pullback at any time, we still want to recognize that any move down at this point is likely to be just a […]
Squawk Morning Briefing: Divergences
On Monday, the S&P 500 and DJIA showed divergent behavior with the broader large-cap index making new all-time highs and the benchmark index of 30 stocks failing to do so. This is a reminder of several important considerations:
It remains earnings season. The report from MCD was poorly received and a significant sell-off that, all things […]
Squawk Morning Briefing: Uptrend
Mid-Summer options expiration didn’t provide many dramatic moves and that means little has changed in our outlook. Even as we shake off expiration week effects we’re still deep in earnings season. As discussed in today’s videos, the trend remains up until proven otherwise.