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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Will the Passing of Hong Kong Human Rights and Democracy Act Threaten Stock Market Rally?
Read MoreSome market participants worry that the passing of Hong Kong Human Rights and Democracy Act can reverse the gain in stock market. Both the US Senate and House of Representative overwhelmingly voted 417 to 1 in favor of passing the bill. It is now waiting for President Donald Trump to sign. According to Bloomberg, Trump […]
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Elliott Wave View: Correction in Russell Should Find Buyers
Read MoreRussell decline from Nov 5, 2019 high is corrective and pullback should find support in 3, 7, 11 swing. This video looks at the Elliott Wave path.
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Elliott Wave View: Impulsive Rally in 10 Year Notes (ZN_F)
Read MoreShort Term Elliott Wave view on Ten Year Notes (ZN_F) suggests that the decline to 128 ended wave w. Wave x bounce is unfolding as a zigzag Elliott Wave structure. Wave ((A)) of x remains in progress with internal subdivision of a 5 waves impulse. Up from 128, wave (1) ended at 128.18 and pullback […]
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Elliott Wave View: Further Downside in Exxon Mobil
Read MoreExxon Mobil shows an incomplete sequence from April 23, 2019 high favoring further downside. This video looks at the Elliott Wave path.