Archive for the ‘Newsletters’ Category
Squawk Morning Briefing: Flight To Safety
Earlier in the week we mentioned the special impact that we anticipate from regional Fed surveys and the Empire State survey on Wednesday packed a double whammy. No only did it confirm weak reading last month, but it surprised almost everyone by contracting.
Of course, we always say that we care about the reaction, and the […]
Squawk Morning Briefing: Important Webinar Update
We hope that subscribers will join us for our webinar today. Unfortunate, the setup had problems so even if you had previously registered we need to ask you to register again at the link below. Remember, there’s no set agenda so come to talk about whatever aspects of wave theory or the Squawk service that […]
Squawk Morning Briefing: Market Concerns
We care about market concerns because they tell us which news events deserve more attention. As always, we care more about when to expect movement and the reaction to the report than the report itself. Any report can move markets if there’s enough surprise, but there are ones which we can anticipate to be important […]
Squawk Morning Briefing: Eyes on China
There isn’t anything on the U. S. news docket today, but we’re expecting plenty of news out of China overnight and it could move markets. Last night brought reports that Chinese lending was down much more than expected as government curbs are proving more effective than economists predicted. So now the question is whether it […]
Squawk Morning Briefing: Looking for Higher Probability
The U. S. equity markets continue to leave themselves open to multiple interpretations from an Elliott wave perspective. Therefore, we want to avoid making large commitments until there are higher probability setups. We will continue to watch these every day to be prepared for a time when the patterns point more clearly in a single […]
Squawk Morning Briefing: Next Euro Leg Down
When we recorded our Euro video this morning we suggested it might need to go higher in a correction but that taking out yesterday’s swing low would confirm a turn back down. Since recording the video a few minutes ago, both events have occurred with the the Euro spiking to a higher level within the […]
Squawk Morning Briefing: Housekeeping
We’ll only cover a few housekeeping items in our introduction today and leave the market commentary for the video briefings. David is filling in for Kevin today and, therefore, the YM and Treasury commentary is different than usual. YM and DJIA are mostly in sync at the moment and the YM commentary builds on the […]
Squawk Morning Briefing: Fear of Commitment
We have a relatively long video covering the DJIA today. Yesterday’s action required adjustment to a few of the counts so we took the time to go back and review the broader situation since February and discuss how all the current counts fit together. The overall view is that the market is keeping its options […]
Squawk Morning Briefing: Shifting Focus Abroad
With last week’s domestic economic reports out of the way, the docket is relatively light for this week. However, there will be plenty of economic reports coming from overseas as well as central bank rate announcements. The markets we’re watching are still waiting to telegraph primary direction. As we wait, we’re likely to pay more […]
Squawk Morning Briefing: Feel the Build
The BLS Nonfarm Payroll report due out this morning is always an important report but it seems the media has created significant hype around it this month. Perhaps it’s because of many of the weak jobless claims reports throughout may or the many weak manufacturing reports received recently or even the surprisingly poor ADP report […]