Archive for the ‘Newsletters’ Category
Squawk Morning Briefing: Pre-Holiday Trading
It’s not uncommon to see trade volume dry up as we head into the holidays. and that can make for some tricky trading. Breakouts to either direction on low volume can be temporary and reverse quickly. However, we could also see a continuation of the current sideways chop. Often consolidation comes before continuation. Such a […]
Squawk Morning Briefing: The Answer Is Blowin’ in the Wind
How many highs must an index make, before you can call it a high? I suppose we’ll see. Choppy consolidation near the highs on expiration Friday could be a triangle or other fourth wave pattern in both the DJIA and the YM. If so, the YM appears to be thrusting up and out of the […]
Squawk Morning Briefing: Still on Top Watch
Thursday’s market moves did little of note with respect to some of the key confirmation and non-confirmation signals that we’ve been looking for. The movements did help us to refine a few possibilities but our videos contain mostly the same message:
We’re either looking for a top to be in or about to be in at […]
Squawk Morning Briefing: Topping Chatter
It seems that everywhere one looks in Elliott Wave circles people are looking for the top to be in for equity markets. Indeed it may be since it has met minimum expectations as we cited a few days ago. Despite minor new highs in the DJIA we continue to have a wave count which support […]
Squawk Morning Briefing: Right or Wrong?
Yesterday we made reference to an earlier video about trading profitably even when a wave count is wrong. You can find it in our September 10th briefing. It may prove useful in the current situation. Yesterday prices continued upward at the open and headed up to the FibGrid 1932 fire line on weakening momentum that […]
Squawk Morning Briefing: Minimum Expectations Met
The push to a new high in equities on Monday has them meeting minimum expectations for a turn, a concept we describe in an article in our learning resources section. This does not mean that the move is over, just that it could be over and it is subject to confirmation or non-confirmation. How one […]
Squawk Morning Briefing: When Will it End?
Weekly charts from last week tell the story: we haven’t moved very much lately. Choppy movement in a tight range is a hallmark of corrective waves. What remains unclear is whether those corrective waves are over and we’re starting to enter trend again, or whether the chop will continue. We continue to be able to […]
Squawk Morning Briefing: Little Change in Markets or Outlook
Yesterday we mentioned that it looked like corrections were incomplete and that led to a choppy, sideways day. We still haven’t seen a sign that the correction is over and until it does, we’ll continue to be prepared for chop. While we might see a larger range within the correction or a larger net change […]
Squawk Morning Briefing: Waiting for Pattern Completion
Most all markets are in corrective patterns or are beginning to emerge from them. The structure of corrections can often be complex and by their very nature they are choppy so it can be dangerous to anticipate their end prior to seeing some confirmation of a return to trend or an extremely clear and precise […]
Squawk Morning Briefing:
Our Fibonacci time projection date of December 8th has come and passed. Whatever predictive power these time relationships have is also qualified by the fact that they’re rarely exact so we can give a few days leeway, but we didn’t put much stock into it to begin with. The DJIA did not put in a […]