Archive for the ‘Elliott Squawk’ Category
Squawk Morning Briefing: Patience
The 11,862 number cited in last night’s DJIA video is incorrect. The index would have to print below 11,737 in order to invalidate the triangle as it is currently drawn. Until we get a break below that level, a push to new highs, or some other clear indication that one of […]
Squawk DJIA Briefing for 11/17/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Test Ranges and Patience
The Euro seems to be breaking down, but equity markets are not committing to a direction and leaving the door open to new highs before a drop. This forces us to remain patient. We want the market to commit to a direction before we do.
Squawk DJIA Briefing for 11/16/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Pump Up The Volume
Equity market volume continues to be anemic; combine that with impressive swings in both directions and it becomes clear that the market is struggling to find a direction. This could just be a pause before a turn down, or sideways consolidation indicating the possibility of ongoing correction. We continue to address these possibilities in today’s […]
Squawk DJIA Briefing for 11/15/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: In Other News…
It is safe to say that the market remains captive to news. It remains to be seen whether we will have any short-term news about the crises in Greece and Spain; new “technocratic” leaders in each country are merely getting started in there attempt to address an intractable problem. If news about the crises subsides […]
Squawk DJIA Briefing for 11/14/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Yo, Eleven
As we enter trade for the eleventh day of the eleventh month of the eleventh year of this millennium, we note that bond markets are closed in observance of Veteran’s day. Other U. S. exchanges are open and most likely have their sights set over to Europe. We have no insight on the news today, […]
Squawk DJIA Briefing for 11/11/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.