United States Steel Corporation X Daily Elliott Wave View

by elliottwave-forecast.com | March 2, 2018 9:33 am
United States Steel Corporation (NYSE: X) is the second largest steel domestic producer behind Nucor Corporation (NYSE: NUE) and also the world’s 24th largest steel producer. Last year, Steel price surged higher reaching new all time high of 4772 in...

Baidu (BIDU) Resuming the Bullish Cycle

by elliottwave-forecast.com | February 20, 2018 12:38 pm
Baidu, Inc. (NASDAQ: BIDU) is one of the largest Chinese multinational technology companies specializing in Internet-related services & products and one of the premier AI leaders in the world. Last week, Baidu has reported excellent results in Q4 which helped its stock...

Nvidia NVDA Correction is Around the Corner

by elliottwave-forecast.com | December 8, 2017 4:05 pm
The American semiconductors company Nvidia (NASDAQ: NVDA) is specialized is designing graphics processing units (GPUs) for the gaming, cryptocurrency, and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia...

Retail Industry Index Providing The Next Long

by elliottwave-forecast.com | November 28, 2017 1:15 pm
The S&P Retail Industry Index comprises stocks in the S&P Total Market Index that are classified in the GICS retail sub-industry. For this article we’ll be using The SPDR S&P Retail ETF (XRT) which tracks an equal-weighted index of stocks in the...

Timing the Peak in Stock Market

by elliottwave-forecast.com | November 2, 2017 9:51 am
Is Stock Market Valuation in Bubble Territory? Many analysts and forecasters argue that stock market is in bubble territory and about to do significant correction or even a crash. There’s a lot of reasons given, both from...

Is Trump’s Tax Reform Bullish for Equities?

by elliottwave-forecast.com | October 30, 2017 11:34 am
The tax reform is perhaps the single most important agenda for Republicans. The consequence for falling short of the tax overhaul is dire. Should Republicans fail to deliver the tax reform, they could face rout in the mid-term elections...

NASDAQ Futures: Impulsive Rally

by elliottwave-forecast.com | October 17, 2017 5:57 pm
NASDAQ Futures rally from 2.11.2016 low is unfolding as an Elliott Wave Impulse as we can clearly see three channels in price and momentum (RSI) to support this idea. Wave ((1)) ended at 4919.50 as a diagonal,...

World Stock Index has much more upside

by elliottwave-forecast.com | October 12, 2017 11:20 am
The Hang Seng Stock Index is a free float, adjusted market capitalization, weighted stock Market Index in Hong Kong.  The Index records and monitors daily changes of the largest companies of the Hong Kong Stock Market. It is the...

TSG Bullish in the Weekly – Keep Buying the Dip

by elliottwave-forecast.com | September 20, 2017 3:06 pm
The Star Group Inc. NASDAQ:TSG is Bullish in the Weekly, the reason we recommend keep buying the dips for extension higher. Starting with the company’s profile. The Stars Group Inc. provides technology-based products and services to the...

AECOM Resuming the Rally Toward $50

by elliottwave-forecast.com | September 18, 2017 3:05 pm
AECOM (NYSE:ACM) provides planning, consulting, architectural and engineering design and program and construction management services for a range of projects including highways, airports, bridges, mass transit systems, to government and commercial clients. The company had US$17.4 billion of...