Archive for the ‘Morning Briefing’ Category
Squawk Morning Briefing: Debt Downgrade Means Something
There was some telegraphing about a potential U. S. debt downgrade on Friday, but the news still seemed to shock world markets and has increased volatility going into today’s session. Now airwaves and web pages are abuzz with chatter about what it all means: what it means for the country; for the global economy; and […]
Squawk Morning Briefing: A Critical BLS Report
With U. S. equities deeply oversold and likely in the early stages of a primary degree bear market move, reaction to today’s BLS report is likely to be critical to the short-term move. A positive reaction could fuel a sharp short-squeeze rally, and a negative reaction could begin a crash. It is unlikely that we […]
Squawk Morning Briefing: August 4, 2011
We’ll skip the commentary today and get right to the videos…
Squawk Morning Briefing: A Change in Tone
On Tuesday television news coverage was full of politicians celebrating a change in tone in Washington. At the same time, there was a change in tone in markets. The DJIA broke below its 200 day moving average and broke major trendlines supporting the move up from 2009 lows.
Getting to that point has […]
Squawk Morning Briefing: The Austrians Are Coming
With the U. S. House of Representatives having passed a debt ceiling increase and the Senate poised to follow suit, it looks like the debt ceiling issue (but not the debt issue) may be behind us. There may be some reaction to final passage, but once that’s out of the way, traders’ attention will likely […]
Squawk Morning Briefing: No Lipstick on this Pig
Going into the last trading day of the month there is usually chatter about window dressing. This month it seems that traders are more focused on the foundation than the decor. The news cycle remains in control of the markets and there could be plenty of it today.
There is no avoiding the debt ceiling issue. […]
Squawk Morning Briefing: House Whip
For those unfamiliar with the arcane elements of congressional procedures, the Whip is a member of congress responsible for keeping all of his party’s members in line and voting for a particular bill. But when the Whip counts up votes and finds insufficient votes for a measure the party needs to regroup as we saw […]
Squawk Morning Briefing: While You Were Sleeping
While the equity futures chopped sideways overnight gold quietly made yet another all-time high. The news risk we keep referencing continues and traders continue to search for whatever market seems to be moving. This running from market to market can continue to enhance any news-related volatility. We’ll keep watching for things to settle into a […]
Squawk Morning Briefing: No Campaigning for NFL Replacement Draft
Markets seem to be complacent, comfortable with a notion that a U. S. debt ceiling agreement will be reached. Otherwise, it is tough to imagine that the moves we’re seeing, both up and down, would be as controlled as they currently are. Some outlets are reporting that Monday’s sharp spike up in Treasuries was due […]
Squawk Morning Briefing: Continued News Risk
There is significant news risk ahead. From issues affecting U.S. and European debt to the continuing parade of earnings releases, there are many things that could rock markets, perhaps significantly. Kevin is back today and providing his take on our YM and Treasury analysis so we’re back to our regular format. All of our analysis […]