Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: What A Difference A Day Makes
Yesterday morning we were biding our time waiting for a clear signal. With an apparent impulsive move down begun in U. S. equities we are now at the point where we may have seen it. There is still work to do for markets to clarify their intent, but Wednesday’s move gives us something […]
Squawk Morning Briefing: Not Much Happening
There’s not much to see in markets today that is terribly different from yesterday which leaves us waiting for some clearer signs. Today’s videos have the full details.
Squawk Morning Briefing: After Expiration
If you were looking for abrupt changes in direction during options expiration then you likely were not disappointed on Friday. The net result was a pattern which looked less likely to confirm a top in the early going, held promise through the middle of the day, and then had a late day surge that […]
Squawk Morning Briefing: Forwarned Is Forearmed
Many things can happen on options expiration: We can have a slow, directionless day; we might see an overall directionless day but with wild whips which fail to see follow-through; and we might even see a breakaway move to either direction that gets amplified by expiration activity.
Markets have been tough recently and […]
Squawk Morning Briefing: Evaluating Impulsive Behavior
Overnight weakness in the equity futures and the Euro both allow us to maintain the possibility that we are now entering a third wave down in an impulsive decline. There are still alternates to that view and the most substantial argument that new highs might be seen come from the Dow Futures which have […]
Squawk Morning Briefing: Is Euro Headed Higher?
Monday morning we warned that the Euro Was at a place where it could bounce and potentially rise to new highs in the run up from last Summer’s low. So far the bounce has materialized and it still has the potential to continue higher or not. Whether it will or not is the focus […]
Squawk Morning Briefing: Remaining Vigilant
Yesterday we commented that the short-term patterns into Friday’s high did not look complete. Without a new high that situation remains in place today especially since the decline from Friday’s high looks only corrective so far. In the DJIA the decline was sufficient to create overlap and further cloud an already cloudy picture as to […]
Squawk Morning Briefing: Top Watch
The short-term wave patterns into Friday’s high for U. S. equities does not look complete. That leaves the door open for additional upside. Nevertheless, markets remain ripe for a correction and so we are remaining vigilant looking for a possible top not too far above current levels. While it is possible that […]
Squawk Morning Briefing: Sitting in Limbo
From current levels we can argue for scenarios which requires yet another new high in U. S. equities as well as scenarios which would have a top in place. Either way, the action still has the character of a market that is trying to put in a top. Today’s videos update the criteria […]
Squawk Morning Briefing: Looking for Evidence
Equity futures are selling off once again in pre-market action. The wild swings we’ve had for the past few days are typical of topping action but they are insufficient to tell us that a top is clearly in place. The currency markets are showing clearer signs of a possible turn and that may […]