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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Wells Fargo WFC Remains Bullish
Read MoreWells Fargo (NYSE: WFC) is the world’s second-largest bank by market capitalization and the third largest bank in the U.S. by assets. Last week, the Bank was fined $185M by the FED for ‘widespread illegal practices’ because of the recent fake accounts scandal and it was banned from growing until it convinces authorities it’s addressing shortcomings. It’s […]
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Elliott Wave Analysis: SPX correction targets 2786
Read MoreSPX Short Term Elliott Wave view suggests that Primary wave ((3)) ended with the rally to 2872.15. Decline from there in Primary wave ((4)) pullback is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 2818.27 and Intermediate wave (X) ended at 2839.26. While near term bounces stay below 2872.15, expect Index to […]
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Elliott Wave Analysis: SPX Correction in Progress
Read MoreSPX Short Term Elliott Wave view suggests that the rally to 2872.15 ended Primary wave ((3)). Down from there, Primary wave ((4)) pullback is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 2818.27 and Intermediate wave (X) ended at 2839.26. Intermediate wave (Y) is in progress and while near term bounces stay […]
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Elliott Wave Analysis: Dow Future in Correction
Read MoreDow Future Short Term Elliott Wave view suggests that the rally to 26690 ended Intermediate wave (3). Down from there, Intermediate wave (4) pullback is unfolding as a double three Elliott Wave structure where Minor wave W ended at 26121 and Minor wave X ended at 26314. Minor wave Y is in progress and while near term bounces […]
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Netflix (NFLX) Extending higher as an Impulse
Read MoreNetflix stock symbol: (NFLX ) Short Term Elliott Wave view suggests that the cycle from December 06. 2017 low is extending higher as an Impulse sequence with extension in Minute wave ((iii)) higher. When each leg has an internal distribution of 5 waves thus favoring it to be an impulse. These 5 waves move higher should end either […]
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Prosperity Period for Airline Sector
Read MoreAir travel has become so commonplace that it would be hard to imagine life without it which made the airline industry is vital to our world. It contributes to global economy by connecting cities / countries and it enables the flow of goods / people. In the past, the airline industry was at least partly government […]