Archive for the ‘Newsletters’ Category
Squawk DJIA Briefing: Trying New Format
We’re trying out producing the DJIA briefing in the evening with YM, Euro, and Treasury updates continuing in the morning. If it works out then we’ll keep it up.
Squawk Morning Briefing: Silence and Rememberance
Today the CME Group is observing four voluntary, one-minute moments of silence throughout the day. The first was already held at 8:46 EDT. The remaining three are scheduled for
9:03 EDT
9:59 EDT
10:39 EDT
If you wish to participate, simply don’t trade for a minute as an opportunity to reflect on the events of September 11, 2001 and […]
Squawk Morning Briefing: Two Hits to Futures
Equity futures were hit twice this morning: once when the ECB announced rates would remain unchanged and again when U. S. unemployment claims came in weaker than expected. As we publish, equity futures remain weak. This weakness will need to continue into the day session to keep the immediate view toward the downside.
As we lay […]
Squawk Morning Briefing: Which Path to Choose?
Even after a bounce Tuesday afternoon and strength in the overnight futures, our focus on U. S. equities remains down — at least for one more low. However, there remain many possible paths to get there. We outline the most likely routes and how we’ll watch them in today’s videos. Currencies and bonds are also […]
Squawk Morning Briefing: Labor Day Waves
Overseas markets continued selling while the U. S. was closed for Labor Day and our futures certainly responded. As always, we care most about the price action and the waves. We’ll get right to our videos to review the latest outlook.
Squawk Morning Briefing: Power Back
With David’s power restored we’re back to our regular format. The prospects for a weak open following a sell-off in Asia and Europe and then weak BLS numbers domestically increases the odds that a wave iv-(circle) high is in.
Prudence dictates that we allow for a slightly higher print in the fourth wave correction unless opening […]
Squawk Morning Briefing: Full Bouquet of News
Tomorrow’s BLS number isn’t the only game in town. This morning’s claims data and labor productivity data add to the overall jobs picture. After the cash markets open we’ll add to the broader economic outlook with ISM manufacturing and construction spending.
We expect that the ISM number will be closely watched. Regional Fed data suggests significant […]
Squawk Morning Briefing: Friday Preview
The ADP Employment report just came out showing fewer jobs added in July August than anticipated. This is widely regarded as a flawed report that gives some indication of what to expect from the BLS report, but only in broad strokes. It missed expectations by roughly 20,000 and futures remain mostly within their early range, […]
Squawk Morning Briefing: It’s That Time Again.
Friday, once again, brings the BLS report. This is always a closely watched data series, and this is likely to remain the case as everyone tries to get a reading on whether the economy is merely pausing, or whether something more dire may be looming. We will be watching markets closely on the release of […]
Squawk Morning Briefing: Powerless
David is without power today and Kevin is filling in with a combined briefing for the DJIA and YM. The Euro has invalidated the prior triangle count possibility, but in a way that is consistent with comments on Friday so we will let those comments stand until David’s storm impact is mitigated.