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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Chinese Vipshop Stock Reached Extreme Area, Whats next?
Read MoreIn today’s blog, we will recap the blog I did recently about the Vipshop stock. The stock is traded as VIPS at the NYSE. In the blog, I pointed out that Vipshop should continue its recovery after the stock lost almost 77% of its value. Starting from its February 2019 peak. The stock dropped to $4.28 […]
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FXC Canadian Dollar Trust Long Term Cycles & Elliott Wave
Read MoreFXC Canadian Dollar Trust Long Term Cycles & Elliott Wave Firstly the FXC instrument inception date was 6/26/2006. The instrument tracks changes of the value of the Canadian dollar relative to the U.S. dollar. It increases in value when the ‘loonie’ strengthens and declines when the dollar appreciates. In January 2002 the USDCAD forex pair made […]
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CME Group Daily Analysis: More Upside To Come
Read MoreHello fellow traders. In today’s blog, we will have a look at the CME stock. The stock is listed in the Eurostoxx SPX 500. The CME Group is an abbreviation and stands for the Chicago Mercantile Exchange, which is a global market company. While holding the largets derivatives and options exchanges in Chicago. the CME group […]
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Elliott Wave View: Nike Looking for Further Correction
Read MoreNike decline from Oct 23 high looks impulsive and the stock can see more downside. This article & video looks at the Elliott Wave path.
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Goldman Sachs (NYSE : GS) Bulls Aiming for Strong Rally
Read MoreGoldman Sachs (NYSE : GS) is one of the top 5 banks in USA and it’s stock is currently up $25% year-to-date. Last year, GS was on the edge of breaking its bullish trend which was established since 2009 but the bulls took over on the right time to re-establish the main path. The stock created a bullish […]
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Elliott Wave View: Nikkei Incomplete Bullish Sequence Favors More Upside
Read MoreNikkei incomplete sequence from December 26, 2018 low and August 26, 2019 low, favoring further upside. A 100% Fibonacci extension from August 26, 2019 low comes at 23360 while 100% extension from December 26, 2018 low comes at 23380. Until the Index reaches this area, short term dips likely remain supported in 3, 7, or […]