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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Elliott Wave View: S&P 500 E-Mini Futures (ES) Near Term Rally Likely Fail
Read MoreS&P 500 E-Mini Futures (ES) is correcting cycle from March 29 peak before it resumes lower. This article and video look at the Elliott Wave path.
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MIDD : Expect Pull Back Before Rally Resumes
Read MoreThe Middleby Corporation (MIDD) designs, manufactures, markets, distributes & services a range of food services, food processing & residential kitchen equipment in the US, Canada, Asia, Europe, Middle East & Latin America. It is based in Elgin, Illinois, comes under Industrials sector & trades as “MIDD” ticker at Nasdaq. Since February-2017, MIDD made finished larger […]
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Junior Gold Miners (GDXJ) Correction In Progress
Read MoreIn our last update on GDXJ from November 2021, we mentioned that the ETF has already started the next leg higher. From the January 28 low of $36.55 to April 18 high of $51.92, it has rallied 42% higher. The ETF last week started to selloff and today we are going to update on the outlook […]
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JPMorgan (JPM) Could Lose More Than 10% Before Rally
Read MoreJPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in the United States, the world’s largest bank by market capitalization, and the fifth-largest bank in the world in […]