Government and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue...
Bitcoin has been rallying for the last few weeks and this week it managed to make a new high above August 17, 2020 peak. The low seen on 8th September 2020 was $9825 and this week’s high...
Nokia is a Finnish multinational telecommunications, consumer electronics and information technology company. Founded 1865, it is headquartered in Espoo, Finland. Investors can trade it under the ticker $NOKIA at Nasdaq Nordic OMX and at Euronext Paris. The...
Drawing The Blue Box in the Russell In the London updated, the Russell showed possible flat correction to complete the wave (2). That is because wave B reaction was strong near to the level of (1), classic...
By Elliott Wave International Most people remember that the entire global financial system teeter-tottered on collapse during the 2007-2009 financial crisis due to the debacle related to subprime mortgages. As you’ll recall, even a financial institution as...
Short term Elliott Wave View in AUDJPY suggests that cycle from August 31 high is unfolding as a zigzag Elliott Wave structure. On the 60 minutes chart below, we can see wave B of this zigzag ended...
COVID-19 has changed the permanently investing world, with certain sectors poised to take advantage of the pandemic for years to come. Online retail is hot and isn’t cooling down any time in the years ahead. Some select...
Elliott Wave View in Oil Futures (CL) shows that it has ended wave ((4)) pullback at $36.89. This wave ((4)) is part of the cycle starts from April 22 low as a 5 waves impulse. Oil has...
By Elliott Wave International Many investors and financial journalists believe that corporate earnings play a large role in driving stock market prices. Here’s just a couple of headlines from Oct. 13: Stocks open mixed on first day...
Gold and related Index such as Gold Miners Junior (GDXJ) maybe ready to make the next move higher. The next important catalyst in the market is the US election and the second Coronavirus relief package. Nancy Pelosi...
