$SPX WEEKLY flat20160715090140

As Humans, we tend to form a worldview about everything. For generations, many great individuals have fought wars and lost lives because they have a firm belief in a particular worldview. The same thing can be applied in trading. In the world of trading, we too tend to have particular view about the direction of the market. However, as […]

  • Not a good time to buy iRobot shares !

    Not a good time to buy iRobot shares !


    iRobot Corporation is an American advanced technology company which designs and builds military, police and home robots . However in April 2016, the corporation sold off its Defense & Security unit, with a new company being formed called Endeavor Robotics . So now it’s only focusing the work on the development of home and medical robots . iRobot started being traded on the NASDAQ stock […]

    Read More
  • Daily Elliott Wave Technical Analysis for TLT

    Daily Elliott Wave Technical Analysis for TLT


    It has been a while since writing an Elliott Wave analysis piece on this instrument and I would like to start by mentioning this view from October 2015 here . Notice the date 6/26/2015  and lows at 114.88 which is shown there as a blue wave (X) . This current analysis shown below at the lower […]

    Read More
  • Nikkei $NKD Short-term Elliott Wave Analysis 9.28.2016

    Nikkei $NKD Short-term Elliott Wave Analysis 9.28.2016


    Short term Elliott wave count suggests that rally to 17173 ended wave (W). Decline from there is unfolding as a double three where wave W ended at 16300 and wave X bounce ended at 16883. Near term, while Index stays below wave ((x)) at 16605 and more importantly as far as pivot at 9/22 (16883) high stays intact, expect Index […]

    Read More
  • Anyone making money trading Facebook Inc ?

    Anyone making money trading Facebook Inc ?


    Facebook was founded on February 4, 2004, by Mark Zuckerberg, along with his fellow students from the Harvard College. At the beginning it was intended for the site to be used only by Hardvard students, however it gradually allowed anyone of age 13 or above to become a registered user. After holding its initial public […]

    Read More
  • Nikkei $NKD Short-term Elliott Wave Analysis 9.27.2016

    Nikkei $NKD Short-term Elliott Wave Analysis 9.27.2016


    Short term Elliott wave count suggests that rally to 17173 ended wave (W). Decline from there is unfolding as a double three where wave W ended at 16300 and wave X bounce ended at 16880. Near term, Index is correcting cycle from 9/22 (16880) with potential target of 16542 – 16720 area, then as far as pivot at 16880 stays intact, expect […]

    Read More
  • The Progress of Emerging Markets

    The Progress of Emerging Markets


    Since 2000 emerging markets and developing economies has grown rapidly becoming the driver of global growth , this progress is clearly confirmed in 2013 when emerging markets became the larger contributor in the global GDP and shifting the wheel of the world economy. A study based on projected GDP at purchasing power parities (PPP) for the G7 […]

    Read More