Archive for the ‘Elliott Squawk’ Category
Squawk Morning Briefing: Considering the Uptrend
Tuesday’s setback in U. S. equities did nothing to suggest that any uptrend might be over. We consider the possibility that selling might continue, over coming days while maintaining the current bullish trend — at least for now.
Squawk Morning Briefing: Many Forces
This morning’s action provides a good example of why we pay attention to earnings and other events which can affect markets. Two DJIA components reported this morning: KO and JNJ. While we believe that the wave structure offers us the best road map to see where markets are going, there are sometimes multiple paths […]
Squawk DJIA Briefing for 7/16/2013
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 Parade Continues
This week sees the stream of quarterly earnings reports continue with 11 of the 30 DJIA components scheduled to release numbers. Included on the list is index heavyweight IBM, along with JNJ, CAT, PG, and AXP which all deserve some attention because of their outsized impact on the price-weighted average. Especially with these […]
Squawk DJIA Briefing for 7/15/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: All-Time Highs?
Many media outlets are reporting on new all-time highs in the stock market. We know that in the S&P 500 and the DJIA that we have only seen new closing highs. Nevertheless, heading for that new all-time high remains one of the scenarios we are considering just as we have been for several weeks. […]
Squawk DJIA Briefing for 7/12/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: From Helicopters to Rockets
Breadth thrust or not, markets are still up thanks to Bernanke comments on Thursday which market-watchers are interpreting as an indication that easy money will continue. That is keeping the dollar down — after all, they are easy money means dollars will be more available and, therefore, less valuable. And just about every […]
Squawk DJIA Briefing for 7/11/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Missed It
Tuesday’s positive breadth go us closer to generating a thrust signal, but it fell short of the mark with a reading of 59.55% compared to the 61.50% needed. Even if we were to be generous because of the last weeks holiday and allow for an extra day to reach the required level, it would […]