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Elliott Wave Analysis: NDX, Apple, Tesla, Amazon, Nvidia, Microsoft, Meta, Netflix, Alphabet, Bitcoin

Elliott Wave Analysis: NDX, Apple, Tesla, Amazon, Nvidia, Microsoft, Meta, Netflix, Alphabet, Bitcoin

SP500 and Nasdaq Overview: We’re currently observing Elliott Wave pattern i of (iii) of iii) of 5 of (1) of I. Market Momentum: Friday’s strong close suggests upward momentum heading into Monday, with Elliott Wave counts confirming this bullish trend.Trading Strategy Day Traders: Consider long positions for Monday. Swing Traders: Continue holding long positions in alignment […]
Will Nvidia Steal The Show This Week?

Will Nvidia Steal The Show This Week?

MACRO WEEK AHEADAs we head into the final stretch before Labor Day, the markets are gearing up for the usual seasonal slump, with traders dialling back their participation and enthusiasm. This week’s macro spotlight shines on US and European inflation data, but don’t expect dramatic plot twists. The Fed’s go-to inflation gauge, the core PCE, […]
Speculator Extremes: Yen, Gold, 5-Year, 10-Year & Cotton Lead Bullish & Bearish Positions 
                    
Here Are This Week’s Most Bullish Speculator Positions:
This Week’s Most Bearish Speculator Positions:

Speculator Extremes: Yen, Gold, 5-Year, 10-Year & Cotton Lead Bullish & Bearish Positions Here Are This Week’s Most Bullish Speculator Positions: This Week’s Most Bearish Speculator Positions:

The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on August 20th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.To signify an extreme position, […]
Large-Cap Stocks In Trouble: The 10 Worst Performers – Sunday, Aug. 25

Large-Cap Stocks In Trouble: The 10 Worst Performers – Sunday, Aug. 25

Image Source: PexelsOver the past 12 months, a group of 10 large-cap stocks have underperformed all others. Here’s an updated look at the top 10 worst performing large-caps with their one-year price returns. Additionally, here’s what they look like in one chart:More By This Author:Colgate-Palmolive Co: Is It A Buy? Tesla Inc (TSLA) DCF Valuation: Is The Stock Undervalued? Large-Cap […]
It Is Time To Be Selective, Not Bearish

It Is Time To Be Selective, Not Bearish

No wise pilot, no matter how great his talent and experience, fails to use a checklist. – Charlie Munger  Market CommentaryThe Bull market gained strength, shake out completed, bears bewildered. The bull market reasserted itself in a big, broad, and powerful V shaped rally. The number of 52- week low count is almost non-existent, signaling […]
Weekly Technical Update: S&P 500 – Sunday, Aug. 25

Weekly Technical Update: S&P 500 – Sunday, Aug. 25

Image Source: PexelsIn this weekly update, I take a look at the charts for the S&P 500 and review how the markets moved over the past week.00:36:59More By This Author:Weekly Technical Update: Nasdaq 100 – Sunday, Aug. 25 Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Aug 22 Nasdaq 100 & S&P 500 Elliott Wave Update […]
Cheniere Energy: A High-Yielding LNG Play Set To Rally As The Fed Cuts Rates

Cheniere Energy: A High-Yielding LNG Play Set To Rally As The Fed Cuts Rates

Image source: PixabayWhat recession? After a terrible start to August, the market has completely turned around. The S&P 500 has moved around 7.5% higher since Aug. 5, and it was recently hovering near its old high. I like Cheniere Energy Partners LP (CQP) and its recent dividend yield of 7.3%, advises Tom Hutchinson, editor of Cabot Dividend Investor.The recession fears that contributed to the […]
Gold Trading Analysis – Sunday, Aug. 25

Gold Trading Analysis – Sunday, Aug. 25

Image Source: PixabayIn this short video, I review the recent movements seen in gold. I also discuss how the price could move in the coming week.00:02:39More By This Author:Gold Moved As Expected Yesterday; The Friday Brings Potential Pullback Gold Did Not Reach The Target; The Area Needs To Be Broken Gold Moved Down To 2509.93 As […]
Where Does US Money Come From And Where Does It Go?

Where Does US Money Come From And Where Does It Go?

In the United States, money is created as credit and debt. The US Constitution1 allows the federal government to produce money directly, but that is not how the nation has chosen to operate for most of its money. In this post, we take a look at the various sources for issuing credit and debt that provide […]
The Fibonaccis For Real Estate ETF

The Fibonaccis For Real Estate ETF

Image Source: UnsplashFibonaccis are cool, but they only seem to work with a handful of financial instruments. It tends to be a hit-and-miss game to figure out which these are. In my estimation, one of the most “obedient” financial instruments with respect to Fibonacci retracements is the IYR, the real estate ETF.We have seen these lines provide […]