Archive for the ‘Newsletters’ Category

September 26, 2012

Squawk Morning Briefing: All Waves Big And Small

Elliott wave patterns unfold in all timeframes. On a very large scale we continue to look for a significant turn down from near this area. On short timeframes we are also looking for a turn downward. It is important to remember that we have two distinct questions we need to consider:

Are we beginning a short-term […]

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September 25, 2012

Squawk Morning Briefing: Still Rangebound

The DJIA has been stuck in the same trading range for over a week now and leads to some relatively dull markets. While things may start moving once the range is broken, keep in mind that if a fourth wave unfolds as described by our primary count then we may see prices come slightly […]

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September 24, 2012

Squawk Morning Briefing: Quarter End

Now that we’re finished with quarterly options expiration we’re now faced with the last week of trading for the third quarter of 2012. Much has been made of a perceived tendency for funds to mark up their holdings as this period ends and seasonal tendencies seem to support the idea that we could see […]

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September 21, 2012

Squawk Morning Briefing: Anything Can Happen Day

Nothing has changed with respect to the long-term picture. However, in the short-term anything can happen today going into options expiration. Early strength in the futures could disappear at the open as an ongoing correction continues, or we could continue up to complete a fifth wave which we have been anticipating. One […]

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September 20, 2012

Squawk Morning Briefing: Expiration Effects Take Control

We are now in the home stretch of quarterly expiration week. These significant expiration events often lead to the sort of sideways action that we’ve seen the past few days and it suggests that we’re likely to continue to experience through Friday. If you walk through the logic of how significant open interest […]

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