S&P 500 (SPX) bears in control bulls need to reclaim 3860 The S&P 500(SPX) had two attempts to break through the critical resistance trendline highlighted in...
Here is what you need to know on Friday, December 16: We made it to the end of the week and it was certainly a lively...
The present charts of BABA shares hints at the construction of a bearish trend taking the form of a cycle triple zigzag wxyxz. We see a...
Mullen Automotive announces its first purchase order. Randy Marion Auto Group will buy 6,000 Class-1 vehicles. Mullen is not out of the woods, and shareholders should...
Today’s instrument is the Oracle Corp. The stock traded on the NYSE exchange under the ticker ORCL. Looking at the ORCL’s charts, we can see that...
Wall Street buckles on a hawkish hike but US stocks are supported. The S&P 500 index is retesting the W-formation’s neckline and potential support at a...
Bitcoin and ether rallied Tuesday morning on cooler-than-anticipated inflation data ahead of the Federal Reserve’s interest rate decision. Inflation rose 7.1% year-over-year in November, coming in...
The Q4 reporting season is shaping up to be the worst since the pandemic began. The outlook for Q1 and Q2 are in decline. The biggest...
HCA Healthcare, Inc., (HCA) provides health care services company in the United States, The company operates general & acute care hospitals that offer medical & surgical...
Costco and Amazon both have a moderate Buy rating. Both are down on the year but in different ways. Costco has a strong growth trend. Amazon...
Bank of England to hike rates by 50 bps, fresh forecasts coming up. Concerns about a global economic setback weighed on US indexes. GBP/USD trades near...
Equities recovered on Thursday despite yields rising. Oil continues to suffer despite supply fears. PPI is the highlight today, but risk is limited before next week....
A key measure of market volatility is pointing to an extended bear market, and it’s bad news for bitcoin, analysts say. The CBOE VIX Index, which...
Here is what you need to know on Friday, December 9: Equity markets recovered ground on Thursday on the back of no news. That may be...
Stock prices rebounded, as the index went closer to support levels. Is the correction over? The S&P 500 index gained 0.75% on Thursday, as it retraced...
The US Michigan Consumer Confidence Index improved to 59.1 in December. The uncertainty surrounding the US Federal Reserve’s decision weighs on mood. EUR/USD eases following upbeat...
Today’s instrument is the Broadcom Inc.’s stock traded on the Nasdaq exchange under the ticker AVGO. Looking at the AVGO’s chartswe can see that it was...
S&P 500, INDEXSP:DXY USD, .INX, NASDAQ-100, INDEXNASDAQ:NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies,US Stock Markets News Today: stocks...
Daktronics stock fell nearly 40% in one day. The company has given cause to doubt its ability to continue operations. Trading at a 20+ year low...
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of XLK. The decline from the 16 August 2022...