Why This Stock Market Index May Be Headed for a “Bumpy Ride”

by ForexCycle.com | July 1, 2021 2:11 pm
By Elliott Wave International On Friday, June 25, the Russell indexes underwent their annual rebalancing. In other words, stocks were moved from the Russell indexes like the Russell 2000 and Russell 1000 based on their size. This...

ContextLogic Inc ($WISH) Prepping For Next Leg Higher

by elliottwave-forecast.com | June 25, 2021 3:25 pm
ContextLogic Inc. is the latest meme stock to catch some attention.  But is it a worthwhile trade?  I must preface this blog with the fact that this stock does not have much data.  However, elliottwave can still...

JNJ Is Ending An ABC Correction As Wave (2)

by elliottwave-forecast.com | June 21, 2021 2:53 pm
Since the crash of March 2020, all stocks have tried to recover what they lost and JNJ was no exception. Johnson & Johnson did not only recover the lost, but It also reached historic highs. Now, we...

$1COV : Material Science Stock Covestro Offers a Great Opportunity

by elliottwave-forecast.com | June 21, 2021 2:52 pm
Covestro AG (formerly, Bayer MaterialScience) is a German company which produces a variety of polycarbonate and polyurethane based raw materials. The products include coatings and adhesives, polyurethanes for thermal insulation and electrical housings, polycarbonate based highly impact-resistant...

$BMW: What Expect from BMW after Strong Rally?

by elliottwave-forecast.com | June 21, 2021 2:51 pm
BMW is one of the biggest german car manufacturers excelling in quality and technical characteristics. In April 2020, we were calling for a begin of a new cycle higher. We were right, the price has more than...

Disney Seems To Have Ended The Wave ((4)) Pullback

by elliottwave-forecast.com | June 14, 2021 3:41 pm
Since the crash of March 2020, all stocks have tried to recover what they lost, and Disney was no exception. Disney did not only recover the lost, but It also reached historic highs. Now, we are going...

$DE: John Deere Should Continue Showing Strength

by elliottwave-forecast.com | June 14, 2021 3:39 pm
John Deere is an American corporation that manufactures acricultural, construction and forestry machinery, diesel engines and drivertrains. Founded in 1837 and based in Moline, Illinois, USA, the stock being a component of the S&P500 index can be...

P&G Is Still On Track In Wave ((3)) Pullback Was Deep

by elliottwave-forecast.com | June 7, 2021 4:02 pm
Since the crash of March 2020, all stocks have tried to recover what they lost and P&G was no exception. P&G did not only recover the lost, but It also reached historic highs. Now, we are going...

True or False: Inflation = Stock Market Sell-off?

by ForexCycle.com | May 20, 2021 10:20 pm
By Elliott Wave International The topic of inflation has been grabbing a lot of financial headlines. Indeed, financial journalists have “blamed” inflation for recent stock market sell-offs. On May 11, when the Dow Industrials closed 475 points...

Microvision Inc. ($MVIS) Ready For Another Advance

by elliottwave-forecast.com | May 7, 2021 2:12 pm
Microvision was a little well known company during the March 2020 correction.  It set an all time low at 18 cents at the time.  From that low, it has exploded to as high as $31.14 recently due...