Archive for the ‘Elliott Squawk’ Category
Squawk DJIA Briefing for 7/1/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Step By Step
The line “Slowly I turned step by step” from the classic Abbott and Costello sketch has been copied or parodied by everyone from Lucile Ball to Bugs Bunny. We have been methodically tracking action in U. S. equities and slowly have come to the conclusion that a turn back up seems like the more […]
Squawk DJIA Briefing for 6/28/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Bulls Continue
Bulls continued their advance on Wednesday. Their remain multiple interpretations which would fit current action but one thing we know is that no move up or down lasts forever (even if they sometimes last much longer than we can initially imagine.) How far we advance before a pullback and the size and nature […]
Squawk DJIA Briefing for 6/27/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Whittling Down Scenarios
On Tuesday bulls continued to try and show they had some fight in them. In many ways, the action was different from what they put together on Monday. First, they managed to close the major indices in the green with good breadth. However, volume was lacking and the rise was not clearly […]
Squawk Morning Briefing: Sympathy for Ferdinand
Since last week’s FOMC statement bulls have been acting like Ferdinand, preferring to sit and smell the roses than to fight.
On Monday bulls showed everyone that they weren’t yet prepared to simply roll over and play dead. While the day was solidly red in all major indices, but a significant counter-trend bounce put everyone […]
Squawk DJIA Briefing for 6/25/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Rules and Impressions
In today’s videos we attempt to sort out some potentially contradictory impressions about the wave structure of U. S. equity markets. We continue to favor the idea that the move down from the May 22nd peak is a correction, likely a fourth wave. The most compelling reason to adopt this move is that […]
Squawk DJIA Briefing for 6/24/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.