Chesapeake Energy Corporation (ticker: CHK) is a company operating in hydrocarbon exploration. The company produced natural gas, petroleum, and natural gas liquids. Continued pressure on Oil and gas prices have affected the company greatly. The stock price continues to languish under selling pressure. The company’s fortune ties directly with the energy price and unless energy […]

GDX shows an impulsive rally from August 1 and the miners can extend higher while dips stay above there. This article and video show the Elliott Wave path.

Australian Dollar extended the decline to its lowest in a decade last week. The slump came after RBNZ (Reserve Bank of New Zealand) delivered a bigger than expected interest rate cut. RBNZ governor even went so far and promised to do whatever it takes, including more rate cut, negative rate, QE.  This prompts the speculation […]

Oil shows a bearish sequence from April 23, 2019 high favoring further downside. This article and video talks about the short term Elliott Wave path.

Nikkei is correcting the cycle from July 25 high as a zigzag and can see sellers for more downside while rally fails in 3, 7, or 11 swing.

Last week’s tweet by president Trump to slap a new round of tariffs to Chinese goods has sparked risk aversion in the market.  Trump announced that he is imposing an additional 10% tariff on $300 billion of Chinese imports beginning on September 1. Trump said the additional tariff is due to China being slow to […]