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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OPEC Supply Cuts Continue To Support Oil Prices
Read MoreOil prices rose 1 percent on Monday after Saudi Arabia reiterated that OPEC will continue to maintain the production curb. Riyadh plans to keep output well below 10 million barrels per day and reduces export to below 7 million barrels a day. Saudi’s Minister has said it’s too early to change the policy until at […]
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$SMH Longer Term Bullish Cycles & Elliott Wave
Read More$SMH Longer Term Bullish Cycles & Elliott Wave Firstly as seen on the monthly chart shown below. There is data back to May 2000 in the ETF fund. Data suggests the fund made a low in November 2008 that has not been taken out in price. There is no Elliott Wave count on the monthly […]
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Elliott Wave View: Gold Can See Profit Taking
Read MoreGold is correcting cycle from August 2018 low & another leg lower can’t be ruled out. This article & video explains the short term Elliott Wave path.
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Vale Aiming to Break Above 2008 Bearish Trend-Line
Read MoreVale is a Brazilian multinational mining corporation and also is the largest producer of iron ore and nickel in the world. In 2016, many commodities saw significant moves to the upside with the rise of Oil and Gold prices. The move helped metal & mining sector to recover after 5 years of decline and many stocks started a new […]