Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: It’s That Time Again…
November is done with and in the books; now it is time to look forward to December. You know you watch markets too much when the first thought which enters your head is to remember that it means jobs week. That means the BLS report on November employment on Friday plus other labor-related […]
Squawk Morning Briefing: Political Whim
In the very short-term, markets seem to be reacting more to statements from politicians regarding the fiscal cliff than any other factor. Nevertheless, the observations of Elliott waves still prove valid. A move in three-waves based on D. C. gums flapping is still corrective no matter how sharp or how large. And […]
Squawk Morning Briefing: A Terminal Bounce?
When we wrote yesterday that corrections are tricky we really had no idea that we were going to get the wild, two-way action that we saw. Nevertheless, by being patient we were able to see the most likely path develop and it looks like it’s going to lead to another leg up for U. […]
Squawk Morning Briefing: Corrections are Tricky
If the current move up in U. S. equities is merely a correction (and that has not yet been confirmed) then we should take some warning from the fact that we know that it’s the job of corrections to fake everyone out, ourselves included. That means that even if markets are heading to new […]
Squawk Morning Briefing: Do We Start Selling Today?
There is a plausible count which would allow for an upward correction in U. S. equities to be complete at current levels or modestly higher above last Friday’s swing high. This is very different from predicting that we are done as there are plenty of other interpretations. Today’s videos review those possibilities as […]
Squawk Morning Briefing: Digging Into EURUSD
The Euro finally seems to pushing higher consistent with the view that we’ve been holding since late Summer. Today we take some time for an extended review of the Euro outlook and go back over the long-term case for the count we’re using. In the short-term we’re looking at the idea of a […]
Squawk Morning Briefing: Have a Safe and Happy Holiday
We wish everyone a safe and happy Thanksgiving holiday. As a reminder, our next DJIA briefing will be Sunday evening and our next full update will be on Monday morning.
Squawk Morning Briefing: How Far Will This Bounce Go?
More than one analyst is counting out a completed five-wave decline in U. S. equities at Friday’s low and a few of you have inquired about this potential. Our take is the same as it has been since October highs: there are many possible interpretations of the decline from October highs and in order to […]
Squawk Morning Briefing: Remembering Thanksgiving
Thanksgiving week can make for some difficult trading as much of the volume comes out of the market after we get past Monday and Tuesday. That doesn’t mean we won’t see any movement, it’s just that without the usual volume and market participants the moves can be wild and unpredictable. Last year presents […]
Squawk Morning Briefing: Oversold on Expiration
On a short-term basis many indicators are beginning to show oversold readings. As we mentioned in our DJIA video there are some signs that we could be due setting up for a short-term bounce. Of course it doesn’t have to be that way; continuing to sell hard while oversold or advance dramatically while […]