Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) RIO TINTO LIMITED – RIO. We have identified that RIO may have completed the...
Dow Jones index drops for fourth session this week, on track to post nearly 4.5% reversal from late March highs near 40,000. JPMorgan leads losses...
After the US CPI print on Wednesday, the market’s attention is now on the first quarter earnings season. The focus is on JP Morgan, as it...
Dow Jones index is posting moderate gains after having opened with losses on Thursday. US PPI data has provided some relief to investors although market...
Wall Street turns lower with investors turning cautious ahead of US CPI release. US inflation is expected to show mixed readings with levels well above...
GOOGL Elliott Wave technical analysis Function: Trend Mode: Impulse Structure: Motive Position: Intermediate (3). Direction: Upside in wave 3 of (3). Details: This is quite the...
Wall Street opens the week with marginal gains with investors relieved by decline in Oil prices. Dow Jones treads water near 39,000 level as rebound...
Dow Jones picks up, unfazed by the strong US NFP and hawkish comments by Fed’s Bowman. A moderate slowdown in the yearly wage growth has eased...
Stocks sold off on Thursday, with the S&P 500 index closing 1.23% lower. The intraday decline was quite significant, as the market opened 0.6% above Wednesday’s...
Elliott Wave Structure in Bank of America (BAC) shows incomplete bullish sequence from 10.27.2023 low favoring further upside. Short Term, rally from 1.17.2024 low is unfolding...
Dow Jones posts a minor decline following a positive session as Fed officials cool hopes of immediate rate cuts. Fed Goldsbee and Kashkari ask for more...
ASX 200 Index loses ground as the real estate and information technology sectors weaken. Wall Street declined as the US Treasury yields have risen after strong...
Dow Jones extends its reversal as doubts about a June rate cut increase boost Treasury yields. US Factory Orders and JOLTS Job openings endorse the...
ASX 200 Index corrects after reaching record highs on Tuesday. Australia’s market sentiment improved due to the positive manufacturing performance in China. Genex Power has verified...
Dow Jones retreats as US manufacturing activity data beats expectations. Real Estate and Health sectors are leading losses, while Communication Services and Energy advance. DJIA corrects...
Southern Copper Corporation (SCCO) engages in mining, exploration, smelting, refining & processing of Copper, Molybdenum, Zinc, Silver, Gold & Lead in Peru, Mexico, Argentina, Ecuador &...
The US equity market continued its upward trend, with the S&P500 rising 10.8% in the first quarter, exceeding the historical average gain for a full calendar...
In January, the Securities and Exchange Commission approved the first 11 spot-bitcoin exchange-traded funds, and they have been quite popular with investors. However, they are not...
Wall Street indexes are practically flat before the end of a strong quarter. Energy and Utilities are leading gains with the Tech sector lagging on portfolio adjustment...
ASX 200 Index extends its gains on expectations of RBA deducting interest rates in the second half of 2024. Australia’s Consumer Inflation Expectations increased by 4.3%...