-
Elliott Wave View: Nike (NKE) Breaks to All Time High
Read MoreNike has made an all-time high and pullback can continue to find support in 3, 7, or 11 swing for more upside. This article looks at the Elliott Wave path.
-
What Nasdaq (NQ) is saying about the Right Side of Market
Read MoreTechnology is the strongest sector in the current bullish trend in World Indices. Nasdaq (NQ) which has a lot of technology stocks naturally is one of the best performing Indices. We had some pullback in the Indices last week. As always, with every pullback, many traders and analysts start to speculate if major top is […]
-
Silver Miners ($SIL) Looking to Rally
Read MoreOne of the best performing assets this year is Silver. After bottoming on March 18 at $11.6 in the Covid-19 selloff, the metal has rallied to $30. Silver miners should benefit from the higher price of silver. As long as the price of Silver can stabilize at this upper twenty range or extend higher, we […]
-
First Majestic Silver ($AG) Broke Higher from 10 Year Consolidation
Read MoreFirst Majestic Silver (symbol: $AG) is a Canadian silver-mining company which operates in Mexico. It has 7 mines, although only 3 most cost-efficient mines are currently operating in San Dimas, Santa Elena, and La Encantada. It’s considered to be one of the purest silver mining companies with 60% of the revenue derived from Silver. If […]
-
Supply Problems and Weak Dollar Buoy Sugar Prices
Read MoreSince the corona virus hit in March earlier this year, price of Sugar future (SB) has remained depressed as demands projected to plummet. Prices fell sharply lower at 42% to 9.2 cents per pound in April. Over the past few weeks however, prices have made impressive returns due to drought in Thailand and weaker U.S […]
-
Copper Looking for Bullish Breakout
Read MoreSince bottoming in January 2016 low at $1.93, Copper has traded in a narrow range between $1.9 – $3.3. Earlier this year, the red metal collapsed to the lowest in more than 4 years at $1.9725. This happened due to the Covid-19 breakout around the world which dampens global growth. However, despite the extremely challenging […]