Archive for the ‘Newsletters’ Category
Squawk Morning Briefing: Let This Market Prove Itself
Futures are higher this morning. That fits with either a notion of an ongoing correction upward in U. S. equities or the need for a new high as discussed in our videos. We’ve also discussed what we need to see for the market to prove its intentions. Let’s force it to commit […]
Squawk DJIA Briefing for 4/23/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: The Clues Are in The Bounce
After Friday’s expected gap lower in DJIA, the blue chips failed to generate the downside follow-through that we mentioned would be required to signal third wave action and we saw a bounce that lasted the remainder of the day. The bounce is continuing in the overnight futures. The shape and behavior of the […]
Squawk DJIA Briefing for 4/22/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Something’s Gotta Give
Yesterday we mentioned the outsized impact of IBM and today it is selling off pre-market following earnings. Nevertheless, Dow futures have firmed overnight and S&P futures are strong. While they are both giving some back here in the 8:00 hour, if the strength is maintained into the open it wouldn’t be the signs […]
Squawk DJIA Briefing for 4/19/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Big Blue
So far, U. S. equities have done what they need to in order to keep downside expectations alive but insist that bounces remain corrective and result in continued selling to maintain that view. We have said many times that the DJIA cannot go very far in either direction if IBM isn’t along for the […]
Squawk DJIA Briefing for 4/18/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: No Excuses for Bears
With the overnight move down in the futures, it looks even more like Tuesday’s bounce was a second wave correction. If so, then we are in a third wave down. Third waves are generally fast and dramatic. While they are not without bounces, those bounces should be quickly sold with a resumption […]
Squawk DJIA Briefing for 4/17/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.