Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: Awaiting Third Wave Action
Some of the things we note in today’s videos are the fact that we had the largest single-day decline last week and yesterday we saw the second-worst NYSE breadth for the year. These are just two of many indications that the attitude toward equities is transforming. Nevertheless, the strongest indication of a change […]
Squawk Morning Briefing: Still No Meaningful Bounce
Still no significant bounce keeps the possibility of a dramatic third wave breakdown possible in U. S. equities as outlined in today’s videos. What remains to be seen is whether we see the described action which would help improve the likelihood that we’re in an impulsive decline and beginning a change in trend.
Squawk Morning Briefing: Nothing New
Monday morning sees little change in outlook from last week. U. S. Equities remain in a position that would allow for a dramatic decline from current levels or modestly higher, yet they haven’t confirmed a clear intent to do so. Meanwhile the Euro is holding above an important support area. Treasuries still […]
Squawk Morning Briefing: Measuring Gap?
This morning’s YM video was recorded before prices started the steepest part of their pre-market descent. At that time there were multiple interpretations available for the action including one which allowed for prices to be approaching the end of a five-wave decline and preparing four a bounce.
Meanwhile, our view in the DJIA remains the same […]
Squawk Morning Briefing: Something Growing out of Season
This morning our first snow of the year is covering the ground. It feels like an odd time for bears to come out of hibernation yet they were out in force on Wednesday. Action had the feel of a third wave and, if so, that would have us anticipating continued downside over the […]
Squawk Morning Briefing: Post-Election View
It has been a wild ride the past two days. Let’s get right to today’s videos and sort out the post-election view.
Squawk Morning Briefing: Elections, Breakdowns and Bounces
A bounce on Monday wasn’t unexpected. The fact that the DJIA was able to print below last week’s range before the bounce serves to add to the bearish possibilities even if the it only made lower lows by a slim margin. However, the extent of the subsequent bounce in the DJIA on Monday, […]
Squawk Morning Briefing: Crunch Time
Yes, it might be the last few hours before the election, but it’s also crunch time for a bearish resolution in the markets. The DJIA has set itself up to be in a position to fall, yet so far has failed to confirm a change in direction. We know what it needs to […]
Squawk Morning Briefing: Has The Decision Been made?
Thursday gave us the first signals from one of the decision criteria we’ve been watching for in U. S. equities. Today we discuss what needs to be seen for confirmation and thoughts on what we want to see next.
Squawk Morning Briefing: Busy News Cycle
This week’s disruptions have delayed several reports scheduled for earlier in this week. This includes a number of earnings releases, notably DJIA component PFE which is currently trading down about 0.60 as of 7:15 EDT. PFE has among the lowest share prices in the index and is unlikely to move the index dramatically. Perhaps greater […]