Archives by Month:

Archives by Year:

Costco Wholesale Corp. Elliott Wave Technical Analysis 1 November 23

Costco Wholesale Corp. Elliott Wave Technical Analysis 1 November 23

Costco Wholesale Corp., Elliott Wave Technical AnalysisCostco Wholesale Corp., (COST): 4h Chart 1 November 23COST Stock Market Analysis: We have been looking for upside continuation after the completion of the triangle in wave (4). At this stage we have been forecasting a flat correction into wave 2, confirming the overall upside trend.COST Elliott Wave Count: Wave {c} […]
Is S&P 500 Ready For A Relief Rally? Discover These Tell-Tale Signs And Trigger

Is S&P 500 Ready For A Relief Rally? Discover These Tell-Tale Signs And Trigger

Watch the video extracted from the WLGC session before the market open on 31 Oct 2023 below to find out the following: The trigger for a bullish upswing The tell-tale signs for a bullish bias How to look for a structure to trade the potential relief rally How to judge if the current pullback or correction is over. […]
The Commodities Feed: Central Banks Increase Gold Reserves

The Commodities Feed: Central Banks Increase Gold Reserves

The latest data from the World Gold Council shows that central banks purchased around 800 tonnes of gold over the first three quarters of 2023 as geopolitical uncertainty pushed them to diversify more towards safety assets. The trend is likely to continue in the fourth quarter amid tensions in the Middle East. Energy – US oil inventory […]
Japanese Fireworks Continue As The Market Turns To The FOMC

Japanese Fireworks Continue As The Market Turns To The FOMC

The FOMC meeting is today’s highlight but the drama in Japan continues to rivet the market. The Ministry of Finance warned of the risk of material intervention in the foreign exchange market, and the BOJ bought bonds in an unscheduled operation a day after its downgraded the 1.0% cap to a reference rate, whatever that […]
SPDR ETF Report For Tuesday, October 31

SPDR ETF Report For Tuesday, October 31

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Tuesday, October 31.Video Length: 00:11:08More By This Author:Financial Markets Report For Tuesday, October 31Metals Report For Tuesday, October 31SPDR ETF Report For Monday, October 30
GBPJPY Looking For Acceleration As Elliott Wave Nest

GBPJPY Looking For Acceleration As Elliott Wave Nest

Image Source: PixabayThe short-term Elliott wave view in the GBPJPY suggests that the cycle from 03 October 2023 low is nesting higher & expected to accelerate higher. Up from there, the rally to 183.81 high ended wave 1 & then made a pullback in wave 2. The internals of that pullback unfolded as Elliott wave flat correction. Whereas […]
Top-Rated Stocks To Buy From A Variety Of Sectors After Earnings

Top-Rated Stocks To Buy From A Variety Of Sectors After Earnings

There are a number of top-rated Zacks stocks standing out from a variety of sectors as investors eye Wednesday’s Federal Open Market Committee (FOMC) meeting.With most eyes on the direction of monetary policy, here is a look at a few companies that may be ahead of the curve after beating earnings expectations on Monday.A Promising […]
EUR/USD Price Analysis: Hovers Above The 1.0550 Key Level Ahead Of Fed Decision

EUR/USD Price Analysis: Hovers Above The 1.0550 Key Level Ahead Of Fed Decision

Image Source: Pixabay EUR/USD could revisit the previous week’s low at 1.0521 due to facing pressure. Any dovish remarks post-Fed decision could uplift the pair toward a 23.6% Fibonacci retracement level at 1.0648. RSI indicates a bias towards a weaker market sentiment. EUR/USD consolidates ahead of the Federal Open Market Committee (FOMC) policy decision with the expectation […]
One-Sixth Remains

One-Sixth Remains

Image Source: UnsplashWith the first ten months of the year now out of the way, a mere one-sixth of 2023 remains. Considering how absolutely insane this year has been already in all arenas (financial, geopolitical, legal, you name it), one can only tremble to consider what the next two months might hold.Rather than dare speculate on the dozens of weighty matters already vexing the […]
Gold Still In Position For Breakout By End Of Year

Gold Still In Position For Breakout By End Of Year

Image Source: UnsplashGold closed October at $1994, failing to close above monthly resistance at $2000.Monthly and quarterly resistance remains at $2000, while yearly resistance remains at $1900. Should Gold close at $2010 or higher on December 31 then it will make a new yearly, quarterly, and monthly high.Video Length: 00:05:21More By This Author:Can Gold Make Monthly […]