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S&P 500 Elliott Wave Weekly Update – Friday, Jan 10

S&P 500 Elliott Wave Weekly Update – Friday, Jan 10

Image Source: PexelsI’m switching over to posting the weekly update on Friday. Tonight I review the EW count(s). Update the charts on both the cash (SPX) and futures (ES) on the EW labeling and the Fibonacci levels. For now, the S&P 500 remains in the process of putting in Minor “a” of Intermediate wave 4. I […]
Netflix Midline Failure

Netflix Midline Failure

Image Source: UnsplashI didn’t have the gonads to buy puts on NFLX, but I know some folks here did. Congratulations! It got completely destroyed once the midline failed.Somehow it seems justified.More By This Author:Quantum Computing Hype Faces Reality CheckImpressive PerformersQuantum Crazy
3 Stocks Tailored For Growth Focused Investors

3 Stocks Tailored For Growth Focused Investors

Image Source: PexelsGrowth investing is a widespread strategy deployed, with investors targeting companies expected to grow their earnings and revenues at an above-average level. It’s a development that commonly follows through to share outperformance.These companies typically reinvest back into the business for expansion, commonly at the forefront of innovation. And for those seeking a group of […]
Elon Musk Admits DOGE Can’t Find $2 Trillion In Budget Cuts

Elon Musk Admits DOGE Can’t Find $2 Trillion In Budget Cuts

Photo by Executium on UnsplashAnyone with an ounce of common sense knew that wasn’t possible. He won’t find $1 trillion either. The New “Epic” OutcomeThe New York Post reports Elon Musk concedes DOGE unlikely to find $2 trillion in budget cuts — but here’s what would be an ‘epic outcome’ Billionaire Elon Musk has walked back a prior claim […]
The “Bond Conundrum” Is Driving Markets To The Edge

The “Bond Conundrum” Is Driving Markets To The Edge

Image Source: UnsplashAll of the big indexes got rocked to the downside today. On the surface, the market had a “good news is bad news” freakout about strong December jobs gains. We’ve seen this behavior before.Last week, in fact, I invited traders to “enjoy the bounceback… and get ready for another smack.”And that’s what we’re getting […]
Top Research Reports For Apple, Alphabet & Cisco

Top Research Reports For Apple, Alphabet & Cisco

Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Alphabet Inc. (GOOGL) and Cisco Systems, Inc. (CSCO), as well as two micro-cap stocks Hovnanian Enterprises, Inc. (HOV) and Perma-Pipe International Holdings, Inc. (PPIH). The Zacks […]
NQ Elliott Wave Daily Update – Friday, Jan 10

NQ Elliott Wave Daily Update – Friday, Jan 10

Image Source: UnsplashNothing has really changed, I still do expect a minute 5th wave up to my target area shown on the chart. Invalidation is 20.251.75 USD which is the 0.681 Retracement. Have a great weekend all. Video Length: 00:14:18More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Jan 8NQ Elliott Wave Daily […]
Three Things I Think – New Years Edition

Three Things I Think – New Years Edition

Image Source: PexelsHere are some things I think I am thinking about.1) Book update.Please excuse the radio silence in recent weeks. I wrapped up my new book this week and I am just putting the finishing touches on it, but I’ve been burning the midnight oil every night for the last two months.I am very excited […]
Stocks And Precious Metals Charts – Uncle Thug And The Bridegrooms Of Death

Stocks And Precious Metals Charts – Uncle Thug And The Bridegrooms Of Death

Image Source: PexelsThe Non-Farm Payrolls report came in much ‘hotter’ than expected this morning.And that triggered a reaction in the market with regard to the timing and size of interest rate cuts by the Fed this year.And so stocks fell, rather sharply, and put in another lower low to go with its recent trend of lower […]
Job Gains Beat Expectations In December, But The Slowdown Is Still Real

Job Gains Beat Expectations In December, But The Slowdown Is Still Real

Nonfarm payrolls for December showed an increase of 256K jobs, a strong beat above the 164K that the market was expecting. 2.2 million jobs were created in 2024, about 186K per month on average. Down from 3.0 million jobs created in 2023.The October and November revisions combined for a net of -8K jobs lower than […]