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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WYNN Resorts Ltd. stock soaring Higher, Can It Continue?
Read MoreHello fellow traders. In today’s blog, we will have a look at the recent price action of the WYNN Resorts Ltd. stock. The stock is listed in the Nasdaq 100 and the S&P500. WYNN Resorts Ltd. is an American company which is based on the Las Vegas Strip in Nevada. It is an operator of […]
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Gold Miners (GDX) Ready for Breakout
Read MoreGold miners as a group is unpopular since it topped in 2011 together with Gold. One well-known Index which represents major Gold Miners is the GDX. The Index topped in 2011 at $67 and declined a massive 81% before forming a low in 2016 at $12.40. None of the ample liquidity from central bank’s money […]
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Sony Corporation (NYSE: SNE) Impulsive Structure Since 2012
Read MoreSony Corporation (NYSE: SNE) is a Japanese multinational conglomerate corporation. The Company has a diversified business primarily focused on the Electronics, Games, Entertainment and Financial Services. In this article, we’ll be looking at the technical Elliott Wave structure of the stock since late 2012 after a significant drop in Yen value which helped the Japanese stock market […]
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Elliott Wave View: Nikkei Still Missing Wave 5
Read MoreNikkei rally from March 8 low is in 5 waves & the Index is still missing 1 more leg higher. This article & video explains the short term Elliott Wave path.
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Elliott Wave View: Further Strength in FTSE
Read MoreFTSE cycle from February 28, 2019 low remains in progress as 5 waves. This article and video explains the short term Elliottwave path.
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Elliott Wave View: DJIA Futures (YM_F) Should Extend Higher
Read MoreDow Jones Future Cycle from March 9, 2019 low remains in progress as 5 waves. This article and video explains the short term Elliott Wave path for YM_F.