Archive for the ‘Newsletters’ Category
Squawk Morning Briefing: Will We See Mark Ups?
It is common to see funds buying at the end of the quarter to mark up positions they have on their books. With just three trading days left in the first quarter this is mark up season. However, whether they will continue to buy this quarter as we consolidate just under all-time highs […]
Squawk Morning Briefing: Consolidating Near Highs
Patterns over the past several days continue to look only corrective in both direction. In general, that suggests consolidation which eventually resolves in a continuation of the dominant trend. Today’s videos update what this implies for markets now.
Squawk Morning Briefing: Exploring More Upside
Yesterday we commented that the pattern into last week’s high was unconvincing as a lasting top. While Monday saw some additional follow-through to the downside, so far, it is also unconvincing. That could change so our videos address what sort of action would suggest that the move down might have materially more selling […]
Squawk Morning Briefing: Pattern Unconvincing
With the S&P 500 making new all-time highs on Friday it is possible that we’ve seen a longer-term top. However, the pattern into that high is far from convincing meaning that we’d need to see much more confirmation to the downside before embracing that view. Today’s videos look at several other reasonable scenarios […]
Squawk Morning Briefing: Not Forgetting The Euro
U. S. Equities remain in a tricky situation. It remains possible that we are near levels for an important turn; one which may have already happened or which is about to happen modestly above recent highs. However, the patterns are not completely clear and we need to see much more evidence to be […]
Squawk Morning Briefing: Remaining Flexible
U. S. equities spiked below important levels on Wednesday and it appears that futures have tested that important region overnight. The selling to reach those levels was sharp which invokes images of an impulsive decline, but the pattern so far is less than convincing. That forces us to be flexible today allowing for […]
Squawk Morning Briefing: Decision Day
Today the FOMC will come out with its policy decision and, at the same time, the market is in a spot where the pattern suggests it also has a decision due. Perhaps the market will merely mark time to force the FOMC statement first. Today’s videos discuss how we’ll infer the market’s decision […]
Squawk Morning Briefing: Interpreting The Bounce
Monday did, in fact, give us some interesting indications about the decline from early in the month. However, it would be overstating the situation to say the picture was now clear. Today’s videos update the outlook based on Monday’s sharp bounce.
Squawk Morning Briefing: Pivotal Day?
In U. S. equities as well as many markets we’re tracking we have not yet been able to confirm an important change in trend. While it is possible that proof one way or another continues to drag out for several days, it seems like we’re at an important point where equity bears need to […]
Squawk Morning Briefing: Direct to Video
Because of a minor event here this morning we’ll skip written comments and go straight to today’s videos.