Archive for the ‘Elliott Squawk’ Category
Squawk Morning Briefing: Not Convincing
No doubt about it: Friday’s sell-off appears impulsive to the downside. Nevertheless, when taken as a whole, the overall pattern of the past few weeks doesn’t convey a larger impulsive move so we need to consider the idea that Friday’s decline may just be an impulse within a larger corrective sequence. The high […]
Squawk DJIA Briefing for 10/22/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Which Way Today?
The two earnings reports which will directly effect the DJIA today are MSFT which reported Thursday afternoon and traded down after hours and MCD which just reported and is being sold. While there have been some positive earnings reports this season, many of the stand outs have been to the downside. […]
Squawk DJIA Briefing for 10/19/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Who Cares about AAPL and IBM?
Yesterday we talked about the importance of IBM with the DJIA. Despite a significant decline in the overweighted stock, the index managed to eek out a slim gain. The S&P 500, which wasn’t as burdened by the tech bellwether showed a more substantial gain on the day. There are two reasons that IBM didn’t weigh […]
Squawk DJIA Briefing for 10/18/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Watch IBM Today
Today isn’t the first time we’ve talked about the importance of IBM when watching the DJIA and it probably won’t be the last. The reason is that the DJIA is a price-weighted index and the higher the price of a stock the more impact it will have on the index. IBM closed at […]
Squawk DJIA Briefing for 10/17/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Last Gasps?
We’ve been saying for about a week now that we expected the most likely course for markets to follow would be a five-wave decline. We also have been looking for the down sequence to be approaching an end and Monday we saw the beginning moves of a bounce from oversold conditions. Now […]
Squawk DJIA Briefing for 10/16/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.