Archive for the ‘Elliott Squawk’ Category
Squawk DJIA Briefing for 12/12/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Shake It!
Overnight strength in the Euro created a pattern that suggested it might have more upward corrective activity ahead. In the few minutes since the Euro video was recorded, the fx markets have done what they’ve needed to keep the immediate bearish count alive.
Meanwhile, overnight strength in the YM can be seen as […]
Squawk DJIA Briefing for 12/9/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Euro Rate Cut Doesn’t Cut Euro
The ECB cut rates by 0.25% making it cheaper to acquire Euros. The market didn’t seem to agree, choosing to hold Euro more dearly versus the U. S. Dollar. This sets the stage for some delay in the eventual Euro decline we’re expecting as outlined in our currency video this morning.
There […]
Squawk DJIA Briefing for 12/8/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Shock and Awe or Shucks and Awwww
Everyone already knew the stakes were high for the Eurozone summit this week, and even the ECB rate decision is being viewed with extra importance this month. We’re not going to wade into the discussion of what they will do; others are playing that parlor game and one can find well-reasoned (and not so well-reasoned) […]
Squawk DJIA Briefing for 12/7/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: FibGrid in Play
As we prepare to publish, the Euro has weakened further dipping below the trendline and FibGrid Skyline we identified as important levels. Establishing resistance and staying below these levels will bolster the idea that the Euro has resumed its decline.
Meanwhile, Dow futures are approaching a fireline that will be an area to watch. At the […]
Squawk DJIA Briefing for 12/6/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: What’s Up (or Down) in Euro-Land?
Attention is still likely to remain over in the Euro zone this week and the story line is that officials are working to save the continent’s financial system. That suggests there is a lot riding on the outcome of multilateral talks as well as a scheduled monthly ECB announcement later in the week.
As of this […]