Archive for the ‘Elliott Squawk’ Category
Squawk Morning Briefing: Eyes on Europe
Overnight news out of Europe does not sound promising. Eurozone manufacturing PMI printed 45.9, just 0.1 shy of the prior reading and current consensus. That may not be enough of a miss to qualify as a disappointment, but it is enough of a new low to qualify as the weakest print in […]
Squawk DJIA Briefing for 5/2/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Sell in May?
The popular media seems to be enthralled with the question of whether or not 2012 is a year to ‘sell in May and go away’ as the old Wall Street refrain suggests. From the wave count perspective we are still waiting for clear signs of a decline. Until then, it remains a […]
Squawk DJIA Briefing for 5/1/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Event Risk
Today’s videos update our current view of the wave structure. Markets appear to still be at a short-term decision point and additional selling could push things to a bearish view so long as the selling is consistent with the parameters we lay out in our analysis.
News events (scheduled or not) can often tip things one […]
Squawk DJIA Briefing for 4/30/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Possibilities
Once again patterns are near a place where the wave structure could reasonably support the idea of a turn down. It is important to remember that this is different from saying that the market will turn down here, or even asserting that it should turn down here. There remain alternatives that call […]
Squawk Morning Briefing: A Seat Near the Door
Nothing in the last day changes the short-term ambiguity about trend. And nothing changes the broader impression that we are seeing the sort of price action which generally accompanies tops. These rolling tops can continue for a long time, sometimes a painfully long time. So it isn’t yet a time to rush for the exits, […]
Squawk DJIA Briefing for 4/26/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: I Quit!
Markets seem to have no memory from day to day. One day mood is good and stocks are being bought driving markets sharply up and the next day they sell of just as hard. In our DJIA briefing today we discuss this situation and the ensuing frustration that might tempt us to […]