Archive for the ‘Elliott Squawk’ Category
Squawk Morning Briefing: Euro Possibilities
The Euro is struggling near the snowline at 1.3180. We have identified this as a possible area to end its move. Today’s video looks at the sort of action we would need to see in order to begin to establish some confidence that a change in trend might be starting.
Squawk DJIA Briefing for 12/18/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Possible Turning Points
U. S. equities are showing signs that they may have put in a small degree five-wave move down indicating that a corrective move up from November lows might be over. If so, It would also signal that the move down from October highs was likely impulsive, something that hasn’t yet been confirmed and something […]
Squawk DJIA Briefing for 12/17/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: So Far Indecisive
Thursday’s decline keeps alive the possibility that a turn down has begun in equities. However, the move merely went far enough to test support — and it held. Any move that stops nearby could be corrective allowing for more highs. Therefore, we’re still waiting for a decisive move as described in […]
Squawk DJIA Briefing for 12/14/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Underachiever?
Once again, the market is in a position where it could reasonably roll over and be consistent with an Elliott wave view that would look for dramatically lower prices ahead. But merely having potential doesn’t mean that it’s realized. In that regard, this market has been a Bart Simpson style underachiever. Since […]
Squawk DJIA Briefing for 12/13/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: FOMC Wait And See
It’s not really clear what the FOMC could do that is unexpected and would move markets, but that is the nature of the word “unexpected.” So rather than second-guess whether or not we’ll get a dramatic move on the announcement, let’s just be aware that historically there’s often a significant move even when there […]
Squawk DJIA Briefing for 12/12/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.