By Elliott Wave International A tug-of-war between bullish and bearish forces appears to be playing out in the U.S. housing market. On the one hand, some areas of the country are still experiencing record-high home prices as...
Oz Minerals is an Australian mining company. The main products are gold and copper. Formed in 2008 after the merger of Oxiana Limited and Zinifex, it is based in Adelaide, Australia. One can trade it under the...
Swatch Group is a Swiss manufacturer of watches and jewellery. Besides the product line Swatch, the group owns brands including Blancpain, Breguet, ETA, Glashütte, Omega, Longines, Tissot, Hamilton, Certina, Rado and Harry Winston. As a matter of...
The Fed has been very clear that their current mission is to reduce U.S inflation rate which is currently running at 8.3%. This is way over thier 2% target inflation rate. Two factors contribute to the high...
Coinbase Global, Inc., branded Coinbase (COIN), is an American company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. It is the largest cryptocurrency exchange in the United...
Hello fellow traders. Another instrument that we have been trading lately is $EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD and explain the trading strategy. As...
By Elliott Wave International It’s been a rocky road for the Dow and the S&P 500 index since the start of the year. And, even longer for the NASDAQ, which topped back in November. Indeed, speaking of...
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of NVDA. In which, the decline from 29 March 2022 high unfolded as an impulse sequence and showed a lower low sequence...
Chewy.com is an e-commerce company that specializes in pet food. Along with many other stocks, prices started a new cycle higher in March 2020. Chewy is now correcting that cycle and currently going fairly deep, and threatening...
By Elliott Wave International Charlie Munger is Berkshire Hathaway’s co-chairman, and on April 30 at the firm’s shareholder meeting, he said: [Bitcoin] is stupid because it’s very likely to go to zero. Berkshire Hathaway chairman Warren Buffet...