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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BABA Elliott Wave View: Found Buyers in Blue Box and Rallied
Read MoreHello fellow traders. Today, I want to share some Elliott Wave charts of the BABA stock which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 03/28/19. showing that BABA ended the cycle from 03/07/19 low (171.55) at the peak of 03/19/19 (183.48) in red wave […]
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Markets Turning Lower as US Yield Curve Inverts
Read MoreIn the last FOMC meeting, the Fed turned cautious and said they will not raise benchmark interest rate this year. In addition, balance sheet normalization will also end in September from an “auto-pilot” approach. Normally the market cheers when the Fed is taking a dovish stance as this signals a loose monetary policy. However, it […]
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Elliott Wave View: Nasdaq (NQ_F) Showing Signs of Rolling Over
Read MoreNasdaq shows a sign of ending cycle from December 26, 2018 low.. This article and video explains the short term Elliott Wave path for NQ_F.
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Cronos Group (NASDAQ: CRON) Bullish Side Remains Intact
Read MoreCronos Group (NASDAQ: CRON) is an innovative global cannabis company based in Canada. It’s one of the largest medical marijuana producer around the world and it was the first cannabis company to be listed on the Nasdaq stock market last year. Today, the company announced its fourth-quarter and full-year 2018 financial results before the market opens. It posted gross profit before […]
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Elliott Wave View: Nikkei Rally Likely Fails for Further Downside
Read MoreNikkei ended cycle from December 2018 low and rally expected to fail for more downside. This article & video explains the Elliott Wave path.
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Elliott Wave View: S&P 500 (SPX) Testing 2018 High
Read MoreRally from Dec 2018 low in S&P 500 (SPX) remains in progress. This article and video shows the short term Elliott Wave path.