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: Nikkei (NKD_F) Reaching Support Area
Read MoreNikkei has reached 100% extreme area from December 2019 high and may see support and larger bounce soon.This article looks at the Elliott Wave path.
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Elliott Wave View: Virgin Galactic ($SPCE) Extending The Impulse
Read MoreVirgin Galactic ($SPCE) has had an impressive rally after setting all time lows after its IPO in the fall of 2019 and continues to impress as it extends the rally in a wave ((3)) impulse. Up from the 11/25/19 lows at 6.90, $SPCE ended a 5 waves cycle on 1/3/20 at 11.90 in wave ((1)) […]
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Bausch Health (BHC) Drops More than 10% After Q4 Results
Read MoreBausch Health (Ticker: BHC) reported Q4 revenue of $2.22 billion, which is a 5% YoY increase. The result was slightly higher than the consensus estimate of $2.2 billion. The company also reported a $1.51 billion net loss, or $4.3 per share using Generally Accepted Accounting Principle (GAAP). This is a significant drop compared to the […]
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Elliott Wave View: NASDAQ (NQ_F) Continues Marching to All-Time High
Read MoreNasdaq continues to make all-time high & it should remain supported in 3, 7, 11 swing against Feb 18 low. This article looks at the Elliott Wave path.
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Elliott Wave View: PayPal (PYPL) Right Side Remains Bullish
Read MoreAs US indices were making lower lows in January and February of 2019, PYPL was making higher lows setting up a bullish structure within a larger impulse up against its All Time Low of 30.00 set on 8/24/15. Taking a look at the 4h chart on PYPL, we favour that there is a wave ((3)) […]
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$SLV Ishares Silver Trust Larger Cycles and Elliott Wave
Read More$SLV Ishares Silver Trust Larger Cycles and Elliott Wave Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 that has not since been taken out in price. There is no Elliott Wave count on that weekly chart. […]