Target ( TGT ) Looking at the March report for February US Retail Sales numbers we find the current level of sales at 445.66B, down from 446.71B last month. This represents a monthly annualized growth rate of -2.82%, compared to a long term average annualized growth rate of 4.17%. Is this a blimp or is […]

Welcome to the Daily Market News. Today’s market close results: All major markets green across the board. Asian Markets: SHCOMP +1.24$, Hang Seng +1.22%, Kospi + 1.20%, NIKKEI +0.97%, ASX 200 +0.68% European Markets: DAX +1.70%, STOXX600 +1.01%, FTSE +0.37% US Markets: NASDAQ +0.60%, Russell 2000 +0.43%, The S&P 500 +0.21% and the DJIA up […]

5 Crypto-Currency Outlooks from EWF On Tuesday March 26, 2019 Elliottwave-Forecast.com (EWF) hosted a Free Crypto-Currency Webinar for our Subscribers and the General Public. In the webinar we discussed a bit about who we are here at EWF as well as what we do covering 78 different financial instruments. We also have a Free Crypto-Currency […]

XLK Pattern Suggests New Highs on the Horizon After a 24.5%, 7-wave, decline from the $76.27 peak of 10/3/2018, XLK appears to be showing signs of a bottom. This technology ETF, XLK, is now showing a clear 5 wave impulse from the 12/24/2018 lows which we are labeling as Super Cycle degree wave (IV). The […]

Is There a Bottom for SNAP ? On March 3, 2017 shares of Snap Inc ( NYSE: SNAP ) printed a now all-time high of $29.44. Ever since then the social media/ camera company has seen very little positive sentiment. Just a couple of short months ago now SNAP hit its lowest price since its […]

Patience is Paying Off for Traders that are Long XLP After consolidating sideways for over two weeks XLP appears to be rewarding longs for their patience. Since 12/26/2018, XLP has risen from a low of $48.33 to its most recent high of $54.84 on 2/19/2019. This represents a 13.47% gain trough to peak. During that […]