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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Record Breaking Income Doesn’t Save Amazon from Tanking
Read MoreDuring the Earnings Report last Thursday, Amazon (ticker symbol: AMZN) beat Street estimates by reporting impressive revenue of $29 bn (10% higher yoy) and all-time-record of $2.8 billion quarterly net income. This compares to $256 million profit during the same period last year. The $3.7 billion in operating income also far exceeded Street estimates of […]
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Elliott Wave: Further Downside Looming For IBEX?
Read MoreIBEX short-term Elliott wave view suggests that a decline to 8850.20 low ended Minor wave A of a zigzag structure. The internals of that decline unfolded as 5 waves impulse structure where Minute wave ((i)) ended at 9471.20 low. Minute wave ((ii)) ended in 3 swings at 9542.80 high. Minute wave ((iii)) ended in lesser […]
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Amazon Elliott Wave View: Favoring More Downside
Read MoreAmazon ticker symbol: $AMZN short-term Elliott wave view suggests that a decline to $1685.99 low ended primary wave ((W)). The internals of that decline unfolded as Elliott wave Flat structure. Up from there, a bounce to $1856.92 high ended primary wave ((X)) as Elliott wave zigzag correction. Where intermediate wave (A) ended in lesser degree 5 […]
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EURJPY Elliott Wave Analysis: More Downside Expected
Read MoreEURJPY short-term Elliott wave analysis suggests that the decline to 129.13 low ended Minor wave A. The internals of that decline unfolded in 5 waves impulse structure in a lesser degree cycle. Thus suggests that the pair can be doing a Zigzag correction lower. Up from there, a bounce to 130.18 high ended Minor wave […]