Archive for the ‘Elliott Squawk’ Category
Squawk Morning Briefing: Fresh Looks
With the DJIA extending above its treeline it is time to take a fresh look at the pattern in the blue chips. Likewise, the Euro is trading above its FibGrid fireline. If it holds as support then we’ll also need to take a fresh look at it. We set out […]
Squawk Morning Briefing: Wild Morning
With plenty of news, the pre-market action today has already been pretty wild. Of course, that doesn’t mean we yet have a clear direction but today’s videos sort out how we’re keeping track of the markets we cover as we look for them to begin to establish a trend.
Squawk DJIA Briefing for 9/6/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Whipsaw!
The whipsaw action we saw on Tuesday is classic corrective action. This is the sort of action we want to avoid, so we need to see a clear corrective move out of the current region to indicate that markets have chosen a direction. Today’s videos discuss the details of what we’ll be looking […]
Squawk Morning Briefing: Back to Work
Friday’s action did little to resolve the ambiguity we’ve been discussing for the past few days. Perhaps as everyone returns after Labor Day the trend will assert itself in a more obvious fashion. Our videos today outline how we’re looking at things.
David is traveling the next few days and that is creating […]
Squawk Morning Briefing: Still Figuring Things Out
As if to underscore the fact that markets haven’t yet figure out a direction, the overnight bounce in futures is consistent with all three of the scenarios we covered in last night’s DJIA briefing. It’s also yet another reason to remain on our toes ahead of today’s Jackson Hole speech by Fed Chairman Bernanke […]
Squawk DJIA Briefing for 8/31/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Home on The Range
Overnight action has come down to test the lower region of our recent range. However, taken as a whole, the decline from highs earlier in the week is not clearly impulsive. Furthermore, while the rise from last Friday’s low appears corrective it does not look complete.
While opening down at […]
Squawk DJIA Briefing for 8/30/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: The Springsteen Market
Madman drummers’ bummers and Indians in the summer with a teenage diplomat.
In the dumps with the mumps as the adolescent pumps his way into his hat.
With a boulder on my shoulder feelin’ kinda older I tripped the merry-go-round.
With this very unpleasing sneezin’ and wheezin’ the calliope crashed to the ground.
The calliope crashed to the ground.
-Bruce […]