Aftermath of December US Non-farm payrolls

GBPUSD 5 Jan 1 Hour Mid-day NY

Last Friday, US added 156,000 job numbers in December Non-farm payrolls followed by a 204,000 rise in November previously, which was bigger than estimated. Whereas the Median forecast for December Non-farm payrolls was estimated at 175,000 jobs. The jobless rate marked up to 4.7 percent as the labor force grew. And wages rose 2.9 percent from December 2015, thus helped US Dollar & Indices to rally, significantly pushing SPX & NASDAQ to new all-time highs. Average hourly earnings advanced … [Read more...]

Amazon (AMZN) Short Term Correction

Amazon

AMAZON Amazon is one of the fewest company that kept a strong portfolio during the recent decades even after 2 stock market crises . The company issued its initial public offering of stock on 1997, trading under the NASDAQ stock exchange symbol AMZN, at a price of $1.50 per share and since then the price just kept rising year over year providing the best return for its investors . After almost 20 years , Amazon is still rising and making new all time highs . Recently on the 6th of last … [Read more...]

Microsoft Weekly and Daily Elliott Wave Analysis $MSFT

Microsoft Weekly and Daily Elliott Wave Analysis $MSFT

Microsoft Corporation is of course a very well known organization and has it's large capitalization stock MSFT listed on the Nasdaq and is a component of the Dow Jones Industrial Average, the S&P 500 as well as the Nasdaq 100. In March 1986 the initial public offering price was $21.00 per share.  After many stock splits over the years each original share would now be 288 shares. After price has now been adjusted for splits reflected on the chart, this brings the original issue price to 9.7 … [Read more...]

Technical outlook for BJRI stock

BJRI

BJRI   The California chain BJ's Restaurants was founded in 1978 and went public in 1996 by raising $9.4 million . In 2010 , the National Retail Federation named it as one of the 10 fastest growing restaurants in the U.S. based on year-over-year sales as it keeps expanding by adding new locations and offering new services. Technical analysis of BJRI is showing that the stock is still in a corrective mod since making the 2011 peak $56.64 , it already bounced from 50%-61.8% … [Read more...]

Not a good time to buy iRobot shares !

iRobot

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 market exchange in November 2005, under ticker symbol IRBT. The first 3 years saw it's stock price … [Read more...]

Intel Slow Growth

Intel blog

Intel Corporation ( also known as Intel ) is one of the world's largest and highest valued semiconductor chip makers around the world and is the inventor of the x86 series of microprocessors, the processors found in most personal computers . Intel stock is traded in The NASDAQ Stock Market which was hit hard in the 2000 dot-com bubble crash , after that INTC kept going lower as the Corporation struggled in front of its major competitors like AMD , Nvidia , Samsung , Toshiba ect ... However … [Read more...]