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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JNJ Bullish Sequence Calling for New All Time Highs
Read MoreJohnson & Johnson (NYSE: JNJ) is one of the oldest companies around the market as it was founded in 1886. It manufactures medical devices, pharmaceutical and consumer packaged goods and its stock JNJ represent 10.8% of the Health Care ETF “XLV” weight. J&J beats Earnings & Sales Estimates in Q3 and since the release in mid […]
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A Break to the Downside Coming After a Triangle Tests Patience of BITCOIN Traders
Read More“Patience is bitter, but its fruit is sweet.” – Aristotle There are times in this business of trading that require a great deal of patience. In the world of Elliott wave analysis there is perhaps no other test of one’s patience than that of a triangle. Right now we project that a Minor degree wave […]
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Elliott Wave Analysis: GBPJPY in Correction Before Next Leg Higher
Read MoreShort Term Elliott wave view in GBPJPY suggests that the decline to 142.77 ended wave (2) in Intermediate degree. Up from there, the pair rallies as an impulse and ended Minor wave A at 149.49. Minor wave B pullback is currently in progress to correct cycle from Oct 26 low (142.77) before the next leg […]
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Recession in 2020? Technical or Fundamental
Read MoreIf you have been reading the headlines lately, something would have come to your attention, several prominent economists and investors are calling for a recession in the year 2020. Market is a product of many participants, some trade on Fundamental grounds and some trade on Technical or a combination of both. Many keep calling and […]