Tag: ELLIOTT WAVE THEORY

Ralph Lauren, the maker of Polo, is another top apparel brand, which was left for dead during the “retail apocalypse” of 2017. In just...

The last time we wrote about Bank of America was on October 18th, 2018. The stock was trading below $29 a share, down from...

The price of Bitcoin slightly breached the psychological level of $3500 yesterday and still has not been able to escape its gravity as of...

Crude oil bulls got slaughtered in the last three months of 2018. Between the start of October and the end of December, the price...

At the start of December, 2018, NZDUSD almost reached 0.6970. A month later, the “flash crash” which brought chaos to many other Forex pairs,...

Gold’s third consecutive week of gains led the price of the yellow metal to the vicinity of the psychological $1300 mark earlier today. On...

The last three months of 2018 may have been bad for stock market investors in general, but few suffered more than NVDA shareholders. Nvidia...

A month ago we shared our view that despite being long-term bearish on GBPNZD, we thought it was time for a notable recovery. While...

If you think the last three months have been bad for stock market investors, think about how General Mills stock investors must be feeling....

It is not just stock market investors and oil bulls, who have been suffering lately. The holidays do not promise to be very happy...

The stock market at large is crashing and even stocks owned by superinvestors like Warren Buffett are not immune to sharp selloffs. One such...

FedEx stock is plunging sharply after the company slashed profit targets and announced broad cost-cutting measures. The share price is down almost 41% from...

WTI crude oil dipped below $50 a barrel in late-November, but quickly recovered to $54.54 on December 4th. The price spent the next ten...

Life has been tough on GBPAUD bulls recently. The pair reached a two-year high of 1.8733 on October 11th, but failed to maintain the...

The S&P 500 fell to an intraday low of 2583 yesterday, bringing its total decline to 12.1% from the top at 2941 in September....

The price of Bitcoin is declining at an unprecedented speed. Less than a month ago, BTCUSD was hovering above $5500. Last week it fell...

Gold is trading at levels last seen over a month ago, following mixed signals from U.S. and China on trade, Brexit worries and protests...

On November 2nd, GBPNZD was trading above 1.9550. As of this writing, the pair is hovering slightly below 1.8400, meaning the British pound lost...

Yesterday, we shared our view that despite being down by over 460 pips this month, a bullish reversal can be expected in EURAUD around...

With only one day left, the Euro seems poised to end November in positive territory against the U.S. dollar, following a sharp decline in...

AUDUSD climbed to 0.8136 in January, but similarly to other major currencies, spent the rest of 2018 declining against the U.S. dollar. The pair...

What a difference a year can make. This time last year Bitcoin was thought to be going “to the moon” by a great majority...

Similarly to crude oil, gold did not start November in the best possible way. The price of the yellow metal reached $1237.50 on the...

USDCAD climbed to 1.3318 yesterday and seems determined to reach a new 2018 high. The most important reason for the decline in the Loonie...

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...

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...

The last several months have been unusually quiet for the price of Bitcoin. The largest cryptocurrency first touched the support area near $6000 in...

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...