Archive for the ‘Newsletters’ Category
Squawk Morning Briefing: Don’t Miss the Move
There is more than one way to miss a move. Certainly being late is one way, but so is being consistently early. We continue to anticipate a change in trend, but will wait patiently for it to reveal itself first. Taking even small losses and getting stopped in anticipation of the change can deplete capital. […]
Squawk Morning Briefing: Stay Tuned to These Channels
The slow grind higher continues, as do the momentum divergences. In today’s DJIA videos we show some different channeling techniques to evaluate the trend.
Squawk Morning Briefing: Sell in May?
The last trading day in April is upon us and that, combined with the positive effects of fund flows on the first of the month and Mondays which will coincide next week could lead to some seasonal upward bias. Folk wisdom then says to sell in May, but we’ll have to wait and see if […]
Squawk Morning Briefing: Will it Last?
markets will continue to do what they want, and for the past few days that has been to move up. While the conditions have been ripe for a turn down, nothing has caused traders to seize that potential. A down move will come eventually and the wave structure of that move will likely tell us […]
Squawk Morning Briefing: Markets’ Untapped Potential
Many of the charts we watch look like they have nearly complete wave structures. That creates the potential for a change in trend. From a market behavior standpoint this means that we could explain a change in trend from these levels if it were to occur. That is, a disruption that starts sending markets down […]
Squawk Morning Briefing: A Question of Answers
In Letters to a Young Poet Ranier Maria Rilke wrote, “Learn to love the questions themselves.” The implication we take from that quote is that there is beauty to be found in the uncertainty all around us. We should take some time and bask in glorious complexity of the things we don’t understand. Of course, […]
Squawk Morning Briefing: The Boy who Cried “Sheep”
We have been discussing for awhile the likelihood of a lasting top being formed. However, only price action can confirm a top is in place. So while we discuss the possibility, we need to wait to see when/if it is realized. Otherwise it would be crying wolf.
Contributing our view is the overwhelming sense of complacency […]
Squawk Morning Briefing: Have a Great Weekend
Today’s DJIA video inadvertently mentions that we’ll be back with an update tomorrow. Markets are closed tomorrow in observance of the Good Friday holiday and markets will be closed. There won’t be another update until Monday. We hope you enjoy your long weekend with family and friends.
Squawk Morning Briefing: Importance of Patience
Equity futures are up this morning and the Euro has made a new recovery high. This underscores the reason we are cautious at each possible top prior to seeing confirmation. We still think that we are seeing topping action, but we’ll continue to repeat that topping action is very different from a top.
It requires some […]
Squawk Morning Briefing: No Change, No Consensus
No real change to our outlook today. Kevin’s update has his latest take on a bearish take, if that is what is unfolding. David remains skeptical about whether the wave count clearly shows a top.