Elliott Wave Analysis of SP500 – June 17th, 2024
The SP500 surged to yet another record last week after US inflation eased more than expected in May, implying at least one rate cut...
The SP500 surged to yet another record last week after US inflation eased more than expected in May, implying at least one rate cut...
The SP500 surged to yet another record last week after US inflation eased more than expected in May, implying...
The SP500 is trading at record highs as investors are upbeat despite the double whammy of CPI and FOMC on Wednesday. In our latest...
The SP500 is trading at record highs as investors are upbeat despite the double whammy of CPI and FOMC...
Cognizant Technology Solutions is a $33B is a professional services company providing consulting, technology and outsourcing services worldwide. It serves the financial services, health...
Cognizant Technology Solutions is a $33B is a professional services company providing consulting, technology and outsourcing services worldwide. It...
The SP500 rose last week after the market decided to focus on what it liked and ignore what it didn't in Friday's employment data....
The SP500 rose last week after the market decided to focus on what it liked and ignore what it...
LPL Financial Holdings is the largest independent broker-dealer in the US and a top custodian with roughly $1.2T in assets. The company went public...
LPL Financial Holdings is the largest independent broker-dealer in the US and a top custodian with roughly $1.2T in...
Bad news is no longer good news as the SP500 fails to impress despite soft economic data seemingly paving the way for rate cuts...
Bad news is no longer good news as the SP500 fails to impress despite soft economic data seemingly paving...
PCE inflation met expectations and cooled a bit from the prior month, but that still wasn't enough to prevent a weekly decline in the...
PCE inflation met expectations and cooled a bit from the prior month, but that still wasn't enough to prevent...
Warren Buffett started buying oil giant Occidental Petroleum in 2019 and has been steadily increasing Berkshire’s stake ever since to as much as 35%...
Warren Buffett started buying oil giant Occidental Petroleum in 2019 and has been steadily increasing Berkshire’s stake ever since...
After one day of trading in this Memorial Day-shortened business week the SP500 is barely changed as investors await Friday's PCE index.
After one day of trading in this Memorial Day-shortened business week the SP500 is barely changed as investors await...
eBay stock is up 25% so far in 2024, more than doubling the year-to-date return of the S&P 500 index. The stock is still...
eBay stock is up 25% so far in 2024, more than doubling the year-to-date return of the S&P 500...
Despite the volatile swings, the SP500 finished last week practically unchanged after inflation data and Nvidia's strong earnings cancelled each other out. This is...
Despite the volatile swings, the SP500 finished last week practically unchanged after inflation data and Nvidia's strong earnings cancelled...
The SP500 is up this week, but only slightly as the market awaits the minutes of the last FOMC meeting to be published on...
The SP500 is up this week, but only slightly as the market awaits the minutes of the last FOMC...
Compared to the Magnificent Seven, Autodesk looks like a small company with its market cap of less than $48B. But when it comes to...
Compared to the Magnificent Seven, Autodesk looks like a small company with its market cap of less than $48B....
The SP500 surged to a new record and closed above 5300 for the first time in history last week on better-than-feared US inflation in...
The SP500 surged to a new record and closed above 5300 for the first time in history last week...
The SP500 has already recouped almost all of its April losses and is now approaching new all-time highs ahead of today's crucial inflation data....
The SP500 has already recouped almost all of its April losses and is now approaching new all-time highs ahead...
The SP500 added a third week to its winning streak and is now within striking distance of a new all-time high. The red flags...
The SP500 added a third week to its winning streak and is now within striking distance of a new...
In our previous article about Meta Platforms, we showed readers how back in June, 2022, Elliott Wave analysis put us ahead of the stock’s...
In our previous article about Meta Platforms, we showed readers how back in June, 2022, Elliott Wave analysis put...
The SP500 is up for the third week in a row on rate cut hopes, but would reducing interest rates really be enough to...
The SP500 is up for the third week in a row on rate cut hopes, but would reducing interest...
The SP500 rose for the second week in a row after softer-than-expected jobs data raised the odds of a Fed rate cut coming sooner...
The SP500 rose for the second week in a row after softer-than-expected jobs data raised the odds of a...
When we wrote about Danish jewelry-maker Pandora A/S on June 8th, 2023, we said that “we won’t be surprised if it doubles over the...
When we wrote about Danish jewelry-maker Pandora A/S on June 8th, 2023, we said that “we won’t be surprised...
The SP500 is down this week as investors understandably feel nervous ahead of Wednesday's important FOMC decision on interest rates. Should we expect more...
The SP500 is down this week as investors understandably feel nervous ahead of Wednesday's important FOMC decision on interest...
The SP500 gained nearly 2.7% last week even as first quarter GDP missed estimates by a wide margin, while inflation remained elevated. Is Jay...
The SP500 gained nearly 2.7% last week even as first quarter GDP missed estimates by a wide margin, while...
As one of the Big Three consumer credit reporting agencies worldwide, Equifax is a company the modern economy can’t do without. Every loan origination...
As one of the Big Three consumer credit reporting agencies worldwide, Equifax is a company the modern economy can’t...
Stock market bulls are staging a comeback with the SP500 notably up this week on economic data, which could actually be seen as rather...
Stock market bulls are staging a comeback with the SP500 notably up this week on economic data, which could...
As a company whose profits are a percentage of assets under management, it is not surprising that BlackRock stock rose in 2023 alongside the...
As a company whose profits are a percentage of assets under management, it is not surprising that BlackRock stock...
The SP500 dipped below the 5000 mark and is now down 5.5% in April, erasing all of March's gains and then some. Should investors...
The SP500 dipped below the 5000 mark and is now down 5.5% in April, erasing all of March's gains...
Through its automobile dealer partners, Credit Acceptance Corp. provides financing for vehicle purchases to consumers, regardless of their credit history. The last piece of...
Through its automobile dealer partners, Credit Acceptance Corp. provides financing for vehicle purchases to consumers, regardless of their credit...
The SP500 is down for the third week in a row as investors slowly wake up to the reality of higher-for-longer interest rates amid...
The SP500 is down for the third week in a row as investors slowly wake up to the reality...
The SP500 fell for the second straight week as investors woke up to the real possibility that there might be no rate cuts at...
The SP500 fell for the second straight week as investors woke up to the real possibility that there might...
The SP500 is little changed so far this week as investors await Wednesday's CPI report for more clues to the Fed's rate cut schedule....
The SP500 is little changed so far this week as investors await Wednesday's CPI report for more clues to...