Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: Trend and Countertrend
One of the most powerful insights we can achieve through Elliott wave analysis is to identify the direction of the trend. This is because each of the various patterns we observe can be classified as either motive in the direction of trend or corrective which travels against the trend. The recent move […]
Squawk Morning Briefing: When Will Bears Rest?
We often advocate that news is merely the catalyst which serves to help dislodge markets so they can go in whichever direction sentiment was prepared to take them. Friday’s weak job report should have caused selling no matter what the overall mood of traders was. However, the broader backdrop comes into play in […]
Squawk Morning Briefing: Busy News Calendar
We have a very full economic news release calendar today and tomorrow. That can introduce some volatility in the market. Action on Tuesday has us expecting new lows as described in today’s videos. What remains to be seen is the course that equity markets will take on the way to […]
Squawk Morning Briefing: Potential
The move down from Tuesday’s high has potential to be a good sell-off, but there is nothing conclusive. Today’s videos contain the details of how we are viewing U. S. equities in both the cash a futures markets.
Squawk Morning Briefing: Uneventful Monday
European markets were mostly unchanged on Monday while U. S. markets were closed and they are mildly positive so far on Tuesday. So U. S. markets won’t have large global moves to catch up with when the cash markets open in a few minutes. That leaves it ambiguous as to whether […]
Squawk Morning Briefing: Have a Happy Weekend
A few days of modestly rising prices are helping to work off some of the market’s oversold conditions. Most signs we follow suggest that more selling is in store before a lasting low is struck, but the timing of a return to a downtrend is still unclear.
One thing that is worth keeping […]
Squawk Morning Briefing: Fake Out
Yesterday’s new low in the DJIA and in the YM futures turned out to be a fake out move. However, since most other indices didn’t make a new low, it merely points to the likelihood that the correction we’ve been watching is likely incomplete and it also gives us a pretty good idea what […]
Squawk Morning Briefing: Test of Lows
We are a little later than usual with our briefing this morning so we’ll get right to the videos…
Squawk Mornign Briefing: How High Will It Go?
Our oversold bounce has finally arrived. We expect it to unfold as a correction, the things that are still unknown to us are what degree of correction and how large will it be. For the answers we need to watch the structure unfold and see where it looks like a completed […]
Squawk Morning Briefing: Some Bounces
The Euro managed to generate a small bounce on Friday. The good news, even for bears, is that we need at least some visible counter-trend movement to help identify where we are in this downward move. U. S. equity futures are also up overnight, reflecting generally positive action in most global […]