Twitter (TWTR) has been in the news later when the board agreed to sell the company to Elon Musk for $54.20 per share, around 44 billion dollars. The deal has not been completed, and it is pending...
By Elliott Wave International Is a bear market already underway in the U.S.? Only time will tell for sure. What is known is that the Dow Industrials and S&P 500 index topped in January and the NASDAQ registered a peak back...
The last time I covered Chevron was in March 2022. And I was expecting a larger cycle to pull back in ((4)) before resuming higher. Lets take a look at the view I was presenting back then and...
You might agree that so far, not much about this year has been “normal.” Normally, commodity prices don’t leap to the moon Stocks don’t sell off this hard in April And European countries don’t engage in brutal...
$FXB British Pound ETF; Can it Bounce or Not? Firstly the British Pound Sterling tracking ETF fund FXB inception date was 6/21/2006. The bearish cycle lower from the November 2007 highs in FXB is favored ended in this analysis....
The Expanded Flat is one of trickiest structures in the Elliott Wave Theory. The structure comes with a strong reaction after new highs are made. But the idea is that the reaction comes in five waves, which...
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 ...
