Archive for the ‘Elliott Squawk’ Category
Squawk DJIA Briefing for 10/13/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: DJIA’s AA Loses
The DJIA’s AA isn’t a rating, it’s component stock Alcoa which kicked off earnings season Tuesday with bottom line results which fell short of expectations. Just as Alcoa seems unable to lift its earnings, it is equally impotent in its impact on the DJIA. AA traded for $10.30 at Tuesday’s cash close. Only Bank of […]
Squawk DJIA Briefing for 10/12/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Making Friends with Trends
All indications continue to show that the trend is up for the time being although five wave advances will see three-wave corrective pullbacks. We expect earnings season to continue to help propel the market in both directions, providing the impetus that helps drive prices to their ultimate destination
Squawk DJIA Briefing for 10/11/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Earnings Season Upon Us
Earnings season kicks off in earnest on Tuesday and that can often be a volatile time for markets in general. In particular, Alcoa, one of the DJIA’s 30 components reports Tuesday after the close. As one of the lower priced stocks in the index, a move of several percentage points may not move the average […]
Squawk DJIA Briefing for 10/10/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Labor Surprise
The BLS report is out as we go to “press” even though the videos were recorded prior to the surprise announcement. Key to the wave count is whether markets accelerate on the news or begin to fade. Any weakness would be a sign that a five-wave move has exhausted — alt least for the […]
Squawk Morning Briefing: Jack Be Nimble
As we discuss in today’s videos, events of the past two days are forcing us to consider the possibility that a temporary bottom has been found in U. S. Equities. This has yet to be confirmed, but it is appearing more likely. The next several days will be critical to establishing a view and we […]
Squawk DJIA Briefing for 10/6/2011
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.