An exchange-traded fund, (ETF) is an investment fund that includes a large basket of individual stocks or government and corporate bonds. All of which can be bought with a single purchase. There are many kinds of ETFs, which can cater to the needs of a variety of investors: Sector ETFs – Sector ETFs follow a […]

Ternium S.A. (TX) through its subsidiaries, manufactures & processes various steel products in Mexico, Brazil, US & other countries. It operates through two segments, Steel & Mining. The company founded in 1961 & based in Luxembourg. It comes under Basic materials sector & trades as ‘TX’ ticker at NYSE. TX made low at $9.59 on […]

Hello fellow traders. As our members know, Amazon stock has completed 5 waves structure in the cycle from the 146.61. We were calling for a 3 waves bounce against the mentioned high after which we expected the price in stock to drop toward new lows. In previous blog on Amazon we shown how we called […]

Gold and related miners continue to suffer a setback as the Fed continues its aggressive rate hike to combat inflation. However, there’s recent indication that the world’s central banks may reduce the pace of the hike due to the rising probability of a recession. In this update, we will look at the technical outlook in […]