Elliott Wave Technical Analysis: Nifty 50 Index (India)
Image Source: Pixabay NIFTY 50 INDEX – NIFTY (1D Chart) Elliott Wave Technical AnalysisFunction: Counter Trend (Minor degree, Grey.)Mode: CorrectiveStructure: Impulse within larger degreePosition: Minute Wave ((ii)).Details: Minute Wave ((ii)) could be progressing towards the 25000 range before the drop resumes. The correction is unfolding as an expanded flat. If correct, a rally should be underway soon. Alternatively, the entire […]
Immigration And Food Prices
Image Source: PixabayHigh food prices were a big problem for the Biden administration. It will be interesting to see if the problem reoccurs under the new administration. Here’s Bloomberg, discussing a recent crackdown on illegal aliens in Florida: The law, SB1718, requires businesses to use a federal system called E-verify to confirm that every employee can work […]
Could This Cannabis Stock’s 16% Yield Go Even Higher?
Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Advanced Flower Capital (AFCG) is a microcap mortgage real estate investment trust, or REIT, that focuses on the cannabis industry.The company pays a whopping 16% yield. While the debate rages on about whether marijuana […]
This FOMC Bear Trap Could Double Our Profits This Week
Image Source: Pixabay Markets are chopped-up after FOMC! But don’t let these nasty ranges fool you…Ranges are easy to trade, and this simple Bear Trap Strategy could be one of our biggest wins of the week!Yes, markets are choppy… but I see (3) obvious clues telling me this Bear Trap is likely where the biggest money is […]
Broad-Based Sector Growth Expected For 2025
Image Source: Pixabay Total earnings for the 112 S&P 500 companies that have reported results are up +10.8% from the same period last year on +5.5% higher revenues, with 80.4% beating EPS estimates and 68.8% beating revenue estimates. The picture emerging from the 2024 Q4 earnings season continues to be one of strength and improving outlook, […]
WTI Drifts Lower To Near $72.50 As US Stockpile Rises
Image Source: Pixabay WTI price tumbles to around $72.60 in Wednesday’s late American session. US Crude oil stockpiles rose by 3.463 million barrels last week, according to the EIA. The firmer USD weighs on the commodity price. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.60 during the late American session on Wednesday. The […]
NVIDIA Stock Falls Sharply In $589 Billion Blow: Can It Rebound From China’s AI Shake-Up?
Image Source: PixabayNvidia is no stranger to the technology and AI industry and the impact of DeepSeek AI has been the hot topic amongst our exclusive group of Premium Investors at Invest Diva.The rapid rise of China’s DeepSeek AI model has shaken the tech industry, sending ripples across major U.S. tech stocks.One of the most significant casualties of this […]
Rading Strategies, S&P 500, Nasdaq 100, DAX 40, FTSE 100, ASX 200
Image Source: PexelsElliott Wave analysis for S&P 500, Nasdaq 100, DAX 40, FTSE 100, ASX 200 Indices wave c) of 2, expecting lower levels in the next session.Elliott Wave Analysis Nasdaq Tech Stocks: SP500 (SPX): Wave 2 Nasdaq 100 (NDX): 2 Apple (AAPL): Wave iv) of 1 Amazon (AMZN): Wave 1 NVIDIA (NVDA): Wave (C) of 4) […]
Stocks Drop As The Fed Fails To Promise More Rates Cuts
Image Source: PexelsStocks finished the day lower after the Fed held rates steady and signaled a more patient approach. If you listen to Powell’s talk, the takeaway is that the Fed is in a good place, and it sounds like they are in no rush to cut rates. No surprise there.I mean, based on Fed Fund […]
The AI Fad Just Burned To The Waterline
Photo by Steve Johnson on Unsplash While everyone was busy reassuring themselves the stock market was still A-OK, the driver of the market–the AI fad–just burned to the waterline. Yes, the current euphoric expectations for AI are a fad, the latest in the endless stream of “gotta have” status signifiers and cultural frenzies. The core dynamic in all fads […]
