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EWF Ayoub

By EWF Ayoub    June 25, 2018    - 2 min read

Walgreens WBA Ready to Rally to New All Time Highs

Walgreens Boots Alliance (NASDAQ: WBA) is the second-largest pharmacy store chain in the United States. The drugstore chain will be listed in the Dow Jones Index replacing General Electric and a…

By EWF Ayoub    June 14, 2018    - 2 min read

AMD Elliott Wave Bullish structure suggesting more upside

Since 2017 peak,  Advanced Micro Devices (AMD: NASDAQ) has been lagging the move higher compared to its competitors. Despite a weak start of 2018 around the stock market, AMD managed…

By EWF Ayoub    May 30, 2018    - 2 min read

World Uranium Index Suggesting Higher price for the metal

World Uranium Index (URAXPD) and Uranium Futures contract tracking the spot price of the metal which ended the downtrend cycle from 2007 peak and been bouncing higher since 2016 lows. The two…

By EWF Ayoub    May 17, 2018    - 2 min read

HFC HollyFrontier Corporation Impulsive Elliott Wave Rally

Holly Corporation and Frontier Oil merged in July 2011 to form HollyFrontier Corporation (NYSE: HFC). The company is a petroleum refiner and distributor of petroleum products, from gasoline to petroleum-based…

By EWF Ayoub    May 10, 2018    - 2 min read

CVR Energy CVI Showing Bullish Structure

CVR Energy (NYSE: CVI) is one of the best performing Energy stocks in the recent 2 years yielding +220% since November 2016 low. Despite the correction taking place in the…

By EWF Ayoub    May 4, 2018    - 3 min read

Industrial Select Sector XLI Corrective Structure Still calling Lower

The Industrial Select Sector SPDR Fund  XLI tracks a market-cap-weighted index of industrial-sector stocks drawn from the S&P 500. Industries in the Index include aerospace and defense, building products, construction…

By EWF Ayoub    April 25, 2018    - 3 min read

SMH Semiconductor ETF Leading the short term correction

The VanEck Vectors Semiconductor ETF (SMH) tracks a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. Such companies include foreign companies that are listed on a U.S. exchange like…

By EWF Ayoub    April 22, 2018    - 3 min read

Straits Times Index STI Supporting Stock Market Bulls

Straits Times Index (STI) is regarded as the benchmark index for the Singapore stock market. It tracks the performance of the top 30 companies listed on the Singapore Exchange. It…

By EWF Ayoub    April 12, 2018    - 3 min read

Stocks Short Term Elliott Wave Bounce is Purely Technical

Stocks and ETFs follow the same code in the market same as the rest of financial instruments like Forex. Every 5 waves impulsive structure is followed by a technical corrective sequences which…