By Elliott Wave International Intraday on April 27, the S&P 500 is trading 12.10% lower than it was at the start of the year. Right — not a huge setback — but negative nonetheless. Of course, it’s...
In this blog, we will look at how we warned members that rally in ES_F (E-mini S&P 500 futures) last week from April 17 low to April 21 peak was nothing more than a corrective bounce because...
By Elliott Wave International Financial journalists almost always mention “reasons” for a given day’s market action. For example, on April 22, an intraday Marketwatch headline gave two reasons for that day’s plummeting prices: Why is the stock...
Houston American Energy Corporation stock enjoyed the impulsive rally the rest of the sector had in early 2022. After the pullback, can the rally continue? Lets take a look at their company profile: “Houston American Energy Corp ...
By Elliott Wave International Bubbles are popping, one by one. The share price of Netflix plummeted last week, coinciding with news that it is losing subscribers, a big change after years of growth. The media and conventional...
Red Rock Resorts Inc., (RRR) develops & operates casino & entertainment properties in the US. It operates through two segments, Las Vegas Operations & Native American Management. It is based in Las Vegas, comes under Consumer Cyclical...
In this technical blog, we will take a look at the past performance of 1 Hour Elliott wave chart of General Electric aka GE presented at elliottwave-forecast.com. In which, the stock showed a lower low sequence from...
$UUP Can See Another High In The Longer Term Cycles Firstly the dollar tracking ETF fund UUP inception date was 2/20/2007. Interestingly the dollar index has a low in March 2008. The UUP ETF fund shows a...
Hi dear traders, I don’t like that lately I have been posting only once a week. Fortunately, last week’s post was profitable. I’m happy about that. I liked that. Said that, let’s check the market: AUDUSD: BUY...
The Middleby Corporation (MIDD) designs, manufactures, markets, distributes & services a range of food services, food processing & residential kitchen equipment in the US, Canada, Asia, Europe, Middle East & Latin America. It is based in Elgin,...
