Archive for the ‘Newsletters’ Category
Squawk Morning Briefing: Anticipating Chop
Tuesday’s action should have rewarded those who adopted our cautious stance. We noted that it was difficult to discern the short-term direction with the possibility that we could be heading either up or down. A decent opening bounce was met with both buying and selling, so it is possible to conclude that we […]
Squawk DJIA Briefing for 10/3/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Today Could Go Either Way
As we noted in our DJIA Video, there are several short-term scenarios which could be playing out. Higher trade in the futures overnight boosts the odds of the view that we might be heading up. If so, we’ll want to watch to see if the index can complete a five-wave climb to a […]
Squawk DJIA Briefing for 10/2/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Increasingly Bad News
Last Thursday saw some weak economic news which we haven’t yet commented on. Most notably, “final” second quarter GDP came in at an annualized rate of 1.3%. That marks a significant drop from the advance figure of 1.7% and is much less than the 2.0% reading for the first quarter. There wasn’t […]
Squawk DJIA Briefing for 10/1/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Conflicting Signals
The DJIA is refusing to tip its hand one way or the other as to whether a top is in place or not. Meanwhile, futures are down overnight and is allowing for more of a bearish resolution. This is certainly a time to be nimble.
Squawk DJIA Briefing for 9/28/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Looking to Start Something?
It didn’t take long on Wednesday for the DJIA to start to demonstrate behavior which begins to look more consistent with impulsive movement to the downside. We already knew in advance that this is what we needed to see to seriously consider the already-topped scenario alongside the corrective scenario. So at this point […]
Squawk DJIA Briefing for 9/27/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.