Archive for the ‘Elliott Squawk’ Category
Squawk DJIA Briefing for 8/29/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Euro Under Fire
The Euro has actually been under fire for months, long before it made a multi-year low in late July. Nevertheless, it has been able to rise from those levels and now is at the point where it is just under the FibGrid fire line, a level we have been watching since just after we […]
Squawk DJIA Briefing for 8/28/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Personality Conflict
It seems that our caution going into Friday’s action was well-founded. The logic behind the warning is pretty simple: in order to keep going down we would have likely been in a third wave which should display distinct personality traits. The rather modest drop at the open wasn’t the dramatic turn downward which […]
Squawk DJIA Briefing for 8/27/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Now Is Not The Time for Complacency
It is easy to feel emboldened just after prices start moving in an anticipated direction. This can be one of the most dangerous times because it is easy to become complacent, comfortable in the belief that the market has been figured out.
This is an environment where we need to be particularly vigilant as we […]
Squawk DJIA Briefing for 8/24/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Round Trip Excursion
Overnight action shows the reason for maintaining distinct wave counts on the cash indices and the futures as the YM had a big overnight bounce only to find itself under Wednesday’s late-day support area. Opening at current levels (from 8:45a EDT) will likely have the DJIA back below the important treeline levels mentioned in […]
Squawk DJIA Briefing for 8/23/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Better Lucky than Good
Back on June 3rd we reviewed our long-term perspective. At that time we suggested that a short-term bottom was near and it appeared the next day. We also suggested that the coming rally would be significant, drawing the DJIA upward to retrace a large portion of the decline from May 1st.
Our […]