Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: The Consensus Is That The Consensus Is Wrong
On Thursday morning we made the off-hand observation in our chat room that everybody seemed to by saying the same thing ahead of the afternoon Fed announcement, “Everybody is expecting so much QE that they can’t possibly meet everybody’s expectations.” It had us wondering that if everybody now adopted this view doesn’t that mean […]
Squawk Morning Briefing: Waiting on The Fed
It has been no secret that Markets have been looking to this Fed meeting almost since the conclusion of the last Fed meeting. There’s not much we can talk about that we haven’t said in the last few days. Markets are consolidating near highs going into the announcement. More details in […]
Squawk Morning Briefing: The Year of Legalizing Unpopularity
Taking a page from other high courts around the world, the German Constitutional Court has concluded that its legislators can bind the country to unpopular Euro-Zone bailout measures. As we get closer to the U. S. equity open, stock index futures have given up much of what they gained on the news while the […]
Squawk Morning Briefing: Make The Market Prove Itself
Our recent message has maintained that a we still believe that the move up from 2009 lows is corrective and that a turn could be near. However, markets could also turn from higher levels. So make the market prove it’s downside intent before jumping on the bearish bandwagon with both feet. […]
Squawk Morning Briefing: How Much More Upside?
Markets have made it through levels which we have cited as signals which would have us looking for more upside. Now we are left to speculate on how much more follow-through we’ll see. One could make the case that we could be on the verge of a turn back down, but things […]
Squawk Morning Briefing: Fresh Looks
With the DJIA extending above its treeline it is time to take a fresh look at the pattern in the blue chips. Likewise, the Euro is trading above its FibGrid fireline. If it holds as support then we’ll also need to take a fresh look at it. We set out […]
Squawk Morning Briefing: Wild Morning
With plenty of news, the pre-market action today has already been pretty wild. Of course, that doesn’t mean we yet have a clear direction but today’s videos sort out how we’re keeping track of the markets we cover as we look for them to begin to establish a trend.
Squawk Morning Briefing: Whipsaw!
The whipsaw action we saw on Tuesday is classic corrective action. This is the sort of action we want to avoid, so we need to see a clear corrective move out of the current region to indicate that markets have chosen a direction. Today’s videos discuss the details of what we’ll be looking […]
Squawk Morning Briefing: Back to Work
Friday’s action did little to resolve the ambiguity we’ve been discussing for the past few days. Perhaps as everyone returns after Labor Day the trend will assert itself in a more obvious fashion. Our videos today outline how we’re looking at things.
David is traveling the next few days and that is creating […]
Squawk Morning Briefing: Still Figuring Things Out
As if to underscore the fact that markets haven’t yet figure out a direction, the overnight bounce in futures is consistent with all three of the scenarios we covered in last night’s DJIA briefing. It’s also yet another reason to remain on our toes ahead of today’s Jackson Hole speech by Fed Chairman Bernanke […]