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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AAL Elliott Wave View: Correcting 2013 IPO Lows
Read MoreAmerican Airlines Group inc ticker symbol: AAL is an American airline holding company stationed in Forth worth Texas formed in December 2013. Since the IPO low from December 2013, the stock rallied in 3 waves corrective sequence i.e as double three structure & ended the Grand Super Cycle wave ((w)) at 1/16/2018 peak ( $59.08). […]
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Fed’s Policy U-Turn Deters Dollar Bulls – US Dollar Weakness Ahead
Read MoreAfter repeated rebuke by President Trump, the Fed has completely capitulated. Following the two-day meeting, the Fed has scaled back their projected interest rates rise to zero this year. This reflects the concern about slowing economic growth, global market uncertainty, financial market volatility, and muted inflation. Below is Fed Chairman Jerome Powell’s press release Powell: […]
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Elliott Wave View: Apple Looking to Turn Lower Soon
Read MoreApple is in the process of correcting the decline from October 3, 2018. This article and video provides the short term Elliottwave path and target.
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Elliott Waves from December Low Suggests XLK to Make New Highs
Read MoreXLK Pattern Suggests New Highs on the Horizon After a 24.5%, 7-wave, decline from the $76.27 peak of 10/3/2018, XLK appears to be showing signs of a bottom. This technology ETF, XLK, is now showing a clear 5 wave impulse from the 12/24/2018 lows which we are labeling as Super Cycle degree wave (IV). The […]