Do you share the common belief that stocks are always rising? Well, if you do, we will have to disappoint you. The stock market falls sometimes. Fortunately, it does it by the rules of the Wave Principle. So, if you want to rely on something more than the old “just buy shares” advice, you may be interested in this section.

Ford Stock Looks Attractive Near Fibonacci Support

Ford stock holders did not have a lot of reasons to celebrate in recent years. The stock climbed to $18.12 in July 2014, but has been sliding ever since. To make matters worse, 2018 brought a decline from $13.48 in January to as low as $8.17 last month. Ford stock closed at $9.25 yesterday, which…

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Nordstrom Crashed. Was EPS Miss the Real Reason?

Nordstrom shareholders were enjoying a smooth ride so far in 2018. The stock was up by as much as 38.8% by the end of October, crushing the return of the S&P 500 by a large margin. November, on the other hand, is not that generous. JWN fell from $67.75 to less than $50 a share…

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LEG Stock Lost 38% in Two Years. Time to Buy?

Less than two years ago, in February 2017, the price of Leggett & Platt shares was hovering above $49 a share. LEG stock was still thought to be in an uptrend, following a steady rally from $10.03 in March 2009. However, stocks get more risky as they rise, not less. Following a 400% rally in…

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3M Stock: Another Elliott Wave Reason for Skepticism

2018 has not been very kind to 3M stock investors. The share price was hovering in the vicinity of $260 in January. Fast-forward to October 26th , it was down to $181.98 for a 30% plunge in just ten months. Now let’s take a look at the 4-hour chart of 3M stock, which we shared…

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PayPal Stock Entering High-Risk Territory

PayPal Holdings Inc. was spun off from eBay in 2015 and, judging from its share price three years later, it has been a tremendous investment. PayPal stock fell to $30 a share in August 2015. By September 2018, it was trading above the $93 mark. Following last month’s dip to $74.66, the stock is on…

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MCD Stock is a Bull Trap at New All-Time Highs

Less than two months ago, on September 19th, the stock price of the biggest fast food chain in the world was hovering below $158 a share. MCD stock had spent most of 2018 moving sideways without making any meaningful progress. The good news was that in the meantime it had formed a textbook triangle correction,…

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AMD Stock Confirms Bearish Reversal

A month and a half ago, on September 11th, AMD stock was hovering around $30 a share following a spectacular 190% rally in 2018. Optimism was running high, but knowing that semiconductors is an extremely cyclical industry, we thought it was time to “be careful”. Of course, the stock did not start declining immediately after…

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Bank of America Slides Despite Record Quarter

Bank of America reported its Q3 results on Monday. To say that the mega bank’s performance was good would be an understatement. Record net income of $7.2 billion translated into EPS of $0.66, 11% return on equity and 1.23% return on assets. The latter is a pretty solid result for a bank with $2.34 trillion…

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Boeing Getting More Risky as it Rises, Not Less

Of course, all stocks are riskier at a higher price, but after Boeing ‘s phenomenal performance in the last two years, it is very easy to forget that it can actually go down, as well. It is a risk which must never be neglected. BA just climbed to a new all-time high and the last…

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JNJ Stock Had a Nice Run Lately. Time to Sell?

Less than four months ago, JNJ stock was trading below the $120 a share mark, down 20% from its all-time high of $148.32. A 20% decline is a pretty serious thing for investors, especially when we talk about blue chip stocks, which are considered to be less volatile and therefore safer bets. In fact, many…

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MCD Stock Won’t Stay in That Range Forever

It has been a while since April 3rd, when we published our last update on McDonald’s. In that highly bullish article we shared our view that MCD stock ‘s recovery was poised to continue and eventually reach $180 a share. MCD was trading near $157.70 back then. Over five months later, it is still hovering…

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Twitter Stock Remains in Pullback Mode

When Twitter stock touched $14.12 on April 17th, 2017, it was just a few cents away from a new all-time low. Fourteen months later, in June 2018, TWTR was trading in the vicinity of $48 a share following a phenomenal 238% surge. Unfortunately, just when the company turned free cash flow positive and everyone was…

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AMD Stock is Up 190% in 2018. Be Careful Now

Our first and so far only article about Advanced Micro Devices Inc. was published on January 4th, 2018, when AMD stock was hovering around $11.55 a share. Back then the Elliott Wave analysis of AMD’s daily chart made us think the cryptocurrency mining boom was going to propel the stock price to a new high…

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BAC Stock on Its Elliott Wave Path to the North

A little over two months ago, on July 2nd, we published an article about Bank of America stock. The price was then hovering near $28.20 a share, following a decline from as high as $33.05 in March. Fortunately, despite the 15% plunge, the Elliott Wave Principle (and the company’s fundamentals, by the way) suggested BAC…

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Hibbett Stock is an Elliott Wave Bargain

The last time we wrote about Hibbett Sports Inc., a relatively small sports shoes and apparel retailer, was more than half a year ago, on February 20th. While Hibbett stock was trading around $25 a share, our Elliott Wave reading of its price chart made us believe the stock is headed higher in the long-term,…

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