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: Rally in Netflix Expected to Fail
Read MoreNetflix shows a 5 waves impulse move from May 2, suggesting further downside. This article & video talks about the short term Elliott Wave path.
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GoPro (NASDAQ: GPRO) Aiming for Technical Recovery
Read MoreGoPro (NASDAQ: GPRO) is an American technology company founded in 2002 and it was listed on the NASDAQ stock exchange on June 25, 2014. It manufactures action cameras and develops its own mobile apps and video-editing software. The company year on year earnings growth rate was negative over the past 5 years and its stock lost […]
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Elliott Wave View: Impulsive Decline in Nikkei
Read MoreOur Elliott Wave view on Nikkei suggests the rally to May 4, 2019 high (22505) ended wave w. This ended cycle from December 26, 2018 low and the Index is in the process of at least doing a larger 3 waves pullback. Short Term, decline in Nikkei from May 4, 2019 high is unfolding as […]
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Trade Negotiation in Jeopardy After China Reneged its Commitment
Read MoreSummary The odds of trade war escalation rises after Trump sent a pair of tweets threatening to increase tariffs to Chinese goods. If there is no deal by this Friday, the tariffs to Chinese goods will rise to 25% from 10% on $300 billion. Additional $325 billion of Chinese goods will also get 25% tariff. […]
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Cheesecake Factory: Sequence calling for more Upside
Read MoreIn today’s blog, we will have a look at the latest moves in The Cheesecake Factory Incorporated stock. Cheesecake Factory is an American Restaurant chain and distributor of cheesecakes which has its headquarter in Los Angeles, California. The Restaurant has around 210 locations around the U.S. but they also expanded into international markets. The Restuartunals is […]
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Further Rally Expected in Semiconductor ETF SMH
Read MoreVanEck Vectors Semiconductor ETF (SMH) tracks a market-cap-weighted index of US-listed semiconductors companies. Such companies include big technology names like Intel (INTC: NASDAQ) and Nvidia (NVDA: NASDAQ). The ETF is currently up +30% year-to-date making new all time highs and leading the move among few other instruments. For this article, we’ll be taking a look at the […]