Archive for the ‘Elliott Squawk’ Category
Squawk Morning Briefing: Waiting for Signs
We continue to view the move up from June 4th as likely corrective. The most important question at the moment is whether that correction is complete or not. We have suggested since last week that it might be done but that other patterns exist which could have prices heading yet higher in a […]
Squawk DJIA Briefing for 7/10/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: From Employment to Earnings
A few weeks ago we laid out the landscape of upcoming economic scheduled news and pointed out as soon as we get the employment situation from June we transition into Earnings season. As usual, Alcoa kicks things off this week and then things pick up as we get into the back half of […]
Squawk Morning Briefing: What a Difference a Month Makes
The mood was quite different in early June as we were waiting for the BLS report for May: stocks had been in a month-long slide; investors were getting nervous; and we were looking for the end to an impulsive-looking decline with our eyes focused on the FibGrid DJIA fire line. The report was a […]
Squawk DJIA Briefing for 7/6/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Negative Bias?
Before the Independence Day holiday we talked about the positive bias. From SetnimenTrader.com we learn that when markets are up for three straight days going into the July 4th break, the day after is almost always negative. With a small sample size it’s asking a lot to believe that this statistic is useful […]
Squawk DJIA Briefing for 7/5/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Short Day
Markets tend to have a positive bias into the Independence Day holiday so we might expect some upside. However, volume pretty much dried up on Monday even before Tuesday’s shortened session. Whether we are positive or negative, we may not see dramatic moves upward or downward. Instead, the any drama might be […]
Squawk DJIA Briefing for 7/3/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Short-Term Uncertainty
Our DJIA video mentions the possibility that a corrective wave 2 ended on June 19th and that Friday’s rally was merely a deep corrective retest of that area. This has been our count for some time up until Friday but just because it remains possible doesn’t mean that it is probable. Prices […]