Tag: ELLIOTT WAVE THEORY

Less than two years ago, in February 2017, the price of Leggett & Platt shares was hovering above $49 a share. LEG stock was...

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...

PayPal Holdings Inc. was spun off from eBay in 2015 and, judging from its share price three years later, it has been a tremendous...

S&P 500 bulls had a terrible October. The index was down 11% at one point, but managed to minimize the damage and finished the...

Less than two months ago, on September 19th, the stock price of the biggest fast food chain in the world was hovering below $158...

GBPNZD has been in recovery mode for the past two years. The pair took off from 1.6705 in November 2016 and climbed to as...

2018 has so far been a terrible year for EURUSD bears and the month of October made no exception. The pair climbed to 1.1815...

On October 3rd, the price of WTI crude oil was up 27.9% year-to-date, corresponding to a rally from $60.09 to $76.88 a barrel in...

Unlike the stock market, where a profitable company with a growing market share will eventually grow in value in the long-term, the Forex market...

October brought a real bloodbath to stock markets around the world. The Dow Jones Industrial Average and the S&P 500 just turned negative for...

A month and a half ago, on September 11th, AMD stock was hovering around $30 a share following a spectacular 190% rally in 2018....

Similarly to the Dow Jones Industrial and the S&P 500, the Amsterdam stock exchange index, or AEX, has been in a uptrend since the...

The German DAX climbed to an all-time high of 13 597 in late-January. The benchmark had just exceeded the previous record of 12 391...

Historically speaking, October is one of the good months to be invested in the American stock market. According to Business Insider U.S. equities have...

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...

GBPJPY has been in recovery mode since it touched 139.90 on August 15th. On September 21st, the pair climbed to a multi-month high of...

After slightly exceeding 1.3000 on October 8th, USDCAD retreated to 1.2926 two days later. Given that the pair has been declining since the 1.3386...

There is a reason why it is called “trading” and not “bottom/top picking”. The latter is literally impossible even with the best trading tools...

We show you how nailing the big picture is still not enough if you lose yourself in irrelevant details The SPX plunged 95 points...

October is shaping up to be a good month for GBPCAD bulls. The pair dipped below 1.6600 on October 2nd, but quickly reversed to...

The Forex market was very interesting to observe last week. Major news like the Non-Farm Payrolls report in the U.S., the new trade deal...

It has been only a week since our last update on natural gas, but what an eventful week it was. On September 27th, the...

Of course, all stocks are riskier at a higher price, but after Boeing ‘s phenomenal performance in the last two years, it is very...

It has been over two months since our last article about USDMXN. On July 27th, the Forex pair was trading slightly above 18.6150. The...

Following a recovery of more than 500 pips in a little over a month, EURUSD suddenly crashed from 1.1815 to 1.1570 last week, erasing...

Two weeks ago, on September 13th, the price of natural gas was hovering around $2.83, following a decline from as high as $2.996. Fortunately,...

We published our last update on the Indian Nifty 50 almost four months ago, on June 6th, when the benchmark index was hovering around...

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...

Earlier today, USDJPY climbed to 112.88, which is just 30 pips shy of its 2018 high at 113.18 reached in mid-July. Just two weeks...

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...