A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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GMAB : Should Expect Sideways To Lower Before Upside Resumes
Read MoreGenmab A/S (GMAB) develops antibody therapeutics for the treatment of the cancer and other diseases. The company is based in Copenhagen, Denmark, comes under Healthcare – Biotechnology sector & trades as “GMAB” ticker at Nasdaq. GMAB made an all time high at $49.07 & currently favors correcting lower the sequence up since 2013 low. It […]
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TSX Bounced From The Blue Box. What Is Next?
Read MoreS&P/TSX is a major stock market index which tracks the performance of largest companies by market capitalization on the Toronto Stock Exchange in Canada. It is a free float market capitalization weighted index. The index covers approximately 95 percent of the Canadian equities market. The S&P/Toronto Stock Exchange Composite Index has a base value of […]
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Caterpillar Inc. ($CAT) has reached inflection area. What’s next?
Read MoreCaterpillar Inc. ($CAT) is an American Fortune 100 corporation that designs, develops, engineers, manufactures, markets, and sells machinery, engines, financial products, and insurance to customers via a worldwide dealer network. It is the world’s largest construction-equipment manufacturer. Caterpillar stock is a component of the Dow Jones Industrial Average. Caterpillar ElliottWave September 2022 View (Weekly): The Weekly Chart above shows the cycle from March 2020 low unfold in […]
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Elliott Wave View: Gold Miners ETF (GDX) Has Reached Inflection Area
Read MoreShort Term Elliott Wave View in GDX suggests rally to 26.40 ended wave (2). Wave (3) lower is in progress to complete a cycle from August 25th, 2022 high. Internal subdivision of wave (2) unfolded as a double three Elliott Wave structure. Up from wave (1), wave ((a)) ended at 25.23 and pullback in wave […]