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Best Energy ETFs to Buy in 2024
Read MoreWhat are Energy ETFs? An energy ETF is an exchange-traded fund that invests in stocks in the energy sector. These companies are involved in the exploration, production, or management of energy resources, including oil and natural gas, alternative energy companies such as wind farms or solar panel producers, and utility companies. Here are the top […]
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Uranium ETF (URA) Pullback in Progress
Read MoreIn our previous article, we mentioned that Uranium ETF (ticker URA) has ended correction to the cycle from 2020 low and ready to resume higher. In this article, we will update the outlook for the ETF. We see the commodity complex forming a high on early February 2023 and pulling back. We see further pullback […]
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Shopify (SHOP) Rally Should Fail At Near Term
Read MoreShopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify (SHOP) is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools. SHOP Daily Chart February 2023 Shopify ended a Grand Supercycle in July 2021 and we labelred as wave ((I)). Since then, […]
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Has ARK Innovation ($ARKK) Bottomed and Ready to Rally?.
Read MoreHello Everyone! In this technical blog, we are going to follow up on our initial article from October 2022 and take a look at the Elliott Wave path in ARK Innovation ($ARKK). $ARKK – Elliott Wave Old View Oct 2nd 2022 (Daily): In our initial article from October 2022, we were expecting the ETF to trade lower in 5 waves to […]