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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Elliott Wave View: Dow Futures (YM) Corrective Rally in Progress
Read MoreDow Futures (YM) cycle from April 21 high remains in progress as a zigzag. This article and video look at the Elliott Wave path.
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Chevron ($CVX) Still Powering Higher
Read MoreThe last time I covered Chevron was in March 2022. And I was expecting a larger cycle to pull back in ((4)) before resuming higher. Lets take a look at the view I was presenting back then and compare to what the market gave us. Chevron Elliott Wave view March 2022: At the time, with the […]
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$FXB British Pound ETF; Can it Bounce or Not?
Read More$FXB British Pound ETF; Can it Bounce or Not? Firstly the British Pound Sterling tracking ETF fund FXB inception date was 6/21/2006. The bearish cycle lower from the November 2007 highs in FXB is favored ended in this analysis. The British Pound Sterling has been the currency of the Bank of England since 1694. Considering that date was […]
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Elliott Wave View: FTSE Looking To Turn Lower
Read MoreFTSE is correcting cycle from March 7 low and Index can see further downside. This article and video look at the Elliott Wave path.
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Houston American Energy ($HUSA) Ready To Rally?
Read MoreHouston American Energy Corporation stock enjoyed the impulsive rally the rest of the sector had in early 2022. After the pullback, can the rally continue? Lets take a look at their company profile: “Houston American Energy Corp is an oil and gas exploration and production company. Our oil and gas exploration and production activities are […]
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RRR : Pulling Back in II Before Rally Resumes
Read MoreRed Rock Resorts Inc., (RRR) develops & operates casino & entertainment properties in the US. It operates through two segments, Las Vegas Operations & Native American Management. It is based in Las Vegas, comes under Consumer Cyclical sector & trades as “RRR” ticker at Nasdaq. RRR made all time low at $2.76 during global sell […]