Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: Sentiment Contagion
The dominant view of analysts for 2012 states that the European continent will have economic difficulties and the common currency shared by many of its countries will also suffer. However, they further suggest that the U.S. will largely be insulated and that its markets will fare well.
The markets themselves beg to […]
Squawk Morning Briefing: Out of Time?
The overnight advance in equity index futures is moving up into target ranges and suggests that the cash indices will also be approaching targets. The patterns we’re watching in both the futures and cash markets are slightly different so definitely pay attention to the videos since they will address the question of what […]
Squawk Morning Briefing: Euro Bounce?
We’re still waiting for a confirmed turn in equity markets. At the same time, it looks like the Euro could be ripe for a counter-trend bounce before continuing to the downside. Full details are in today’s videos.
Squawk Morning Briefing: Looking Past Employment Numbers
The BLS labor report came out just as we were wrapping up to send out our briefing. The addition of 200,000 jobs topped estimates but fell short of the large jump reported by ADP on Thursday. An unemployment rate of 8.5% from the household survey added to the good news. It […]
Squawk Morning Briefing: Resolve to Be Patient
If it is difficult waiting for patterns to complete in U. S. equities, perhaps patience should be on your list of new year’s resolutions. This drawn out correction appears able to test to resolve of even the most stoic soul. Nevertheless, it doesn’t do much good to jump the gun, so we […]
Squawk Morning Briefing: No Dow Is An Island
The DJIA itself will generally not put in gaps because of the way the component stocks are opened. So the question we posed about a gap in the index yesterday is really a question about the component stocks and about things like the DIA ETF which can exhibit gaps. And they certainly […]
Squawk Morning Briefing: Exhaustion Gap?
This morning’s higher open in the Dow futures is almost right to the level where prices would likely turn under several possible counts. Similarly, some of the DJIA counts we’re tracking would need to turn from levels that would be suggested by the YM early morning high.
That does not mean that prices must […]
Squawk Morning Briefing: Ring in The New
We don’t expect anything dramatic on the last trading day of 2011. That doesn’t mean it won’t happen; we’re just not expecting it. Our analysis is mostly unchanged today as we head into a long weekend. Thank you for spending 2011 with us. We’ll be back on Tuesday with our […]
Squawk DJIA Briefing for 12/30/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Lots to Chew
Wednesday’s volume in U. S. equities surpassed what was seen earlier in the week but otherwise was well below average, remaining within our expectations for this week. The pattern down from Monday’s high appears to be a five wave more and, coming where it does that raises many questions so we have an extended coverage […]