What are Value Stocks? Value stocks are stocks that are currently trading at a price lower than their actual intrinsic price. The intrinsic value of a stock is its real value, i.e., true or calculated value. This indicates that these stocks are undervalued. By identifying and purchasing stocks priced by the market below their intrinsic […]

S&P 500 (ES) is looking to extend higher as an impulsive structure. This article and video look at the Elliott Wave path of the Index.

SMI is a Swiss Market Index representing a capitalization-weighted measure of the 20 most significant stocks on the SIX Swiss Exchange in Zurich; the ticker is $SMI. In the initial blog article from November 2020, we were calling the “COVID-19” drop in February-March 2020 to become a significant low in world indices. We were right. Then, in the […]

In the dynamic world of beauty and cosmetics, e.l.f. Beauty Inc (NYSE : ELF ) has been making waves with its innovative products and customer-centric approach. The company has been riding a strong wave of bullish sentiment, driven by its ability to capture the hearts of consumers and deliver impressive financial results. In this article, we will […]

Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of SPDR Consumer Discretionary ETF ($XLY). The rally from 5.31.2023 low unfolded as a 5 wave impulse with an incomplete bullish sequence from 5.25.2023 low. So, we advised members to buy the pullback in 3 swings […]

Pan American Silver (PAAS) continues to extend lower and it looks like the stock is correcting in a flat structure as the second daily chart below shows. The stock is a good representation for the silver mining sector. Although it has been pretty tough lately for mining sector generally (both gold and silver miners), a […]