Nio Inc. (NIO) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations. The company has raised over $5 billions from investors. In 2021, it plans to expand to 25 different countries and regions by 2025. NIO Daily […]

What are Growth Stocks? Growth stocks are stocks that offer a substantially higher growth rate as opposed to the mean growth rate prevailing in the market. Growth stock grows at a faster rate than the average stock in the market and consequently, generates earnings more rapidly. Characteristics of a Growth Stock High growth rate Growth […]

Royal Caribbean Cruises Ltd (NYSE: RCL), a leading player in the global cruise industry, has weathered the challenges of the past year and is now poised for continued growth and success. As the world emerges from the pandemic and travel restrictions gradually ease, Royal Caribbean Cruises is well-positioned to capitalize on the pent-up demand for […]

Short term, SPY favors higher in impulse Elliott wave sequence started from 5.04.2023 low and expect further strength to continue in wave 3. SPY finished wave 1 at 417.62 high started from 3.13.2023 low. It placed ((i)) at 402.49 high and ((ii)) at 389.33 low as 0.618 Fibonacci retracement. It finished ((iii)) of 1 at […]

World Indices Overview The World Indices rally since the low at 10.2022. Many are already trading into new highs above the 2022 peak. The idea can be seen as bullish, and our expected wave III of (3) might have started. As it is known across the trading world, we at EWF are very bullish on […]

Nasdaq 100 ETF (QQQ) rallying as an impulse and now pulling back in wave 4. Buyers should appear in 3, 7, or 11 swing for more upside.