Bank stocks usually reflect the economic performance, making them cyclical stocks. Bank stocks have undergone a huge downfall in 2020 as consumer spending receded, auto loans dropped and businesses stopped amid the coronavirus crisis. Moreover, Berkshire Hathway, owned by Warren Buffet, also unloaded its stakes in Bank stocks, which further triggered the downfall journey of […]

Short Term Elliott Wave in Nasdaq Futures (NQ) suggests the rally from March 5, 2021 low remains ongoing as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, we can see wave 4 of this impulsive rally ended at 14445. The Index has resumed higher within wave 5 with internal subdivision […]

Small-Cap indicates companies that are small in terms of market capitalization. Usually, a company falls under the small-cap label, if they have a market capitalization between $300 million and $2 billion. Being a small-cap company by no way indicates smaller profits. Some small-cap companies are excellent investments because of their low valuation and they have […]

S&P 500 E-Mini Futures (ES) is correcting cycle from July 20 low in 7 swing before it resumes higher. This article and video look at the Elliott Wave path.

Nikkei Futures (NKD) shows a lower low bearish sequence from February 16, 2021 peak. The Index also shows a 5 swing bearish sequence from June 15, 2021 peak. Both of these sequence suggest Nikkei likely see further downside. Below is the chart showing a 5 swing sequence from June 15, 2021 peak. Nikkei (NKD) 5 […]

In this blog, we take a look at the past performance of General Electric charts. In which our members took advantage of the blue box areas.