By Elliott Wave International The stock market is a fractal — i.e., a self-repeating form at all degrees of trend. Meaning, without the time or price labels, you can’t tell if you’re looking at a 2-minute chart...
By Elliott Wave International Most investors make the mistake of linearly extrapolating a financial trend into the future, especially at junctures when that trend is near a turn. In everyday terms, it’s called “getting married to the...
By Elliott Wave International A common claim from economic and stock market observers is that a rising trade deficit is injurious to the economy — hence, bearish for stocks. On the other hand, a falling trade deficit...
We recently wrote an article explaining why Mr Jeff Bezos had nothing to worry about after being down $45B in October’s market sell off and also stated the obvious fact that trend in Amazon (AMZN) is up...
Tesla ticker symbol: $TSLA short-term Elliott wave view suggests that Minor wave 3 ended at $349.20 high. Down from there, a pullback to $328.50 low ended Minor wave 4. The internals of that pullback unfolded as a...
In the recent 3 years, Walt Disney stock price (NYSE: DIS) hovered between $120 and $90 without any real trending momentum. Last year, we looked for a potential break to new all time highs in Disney based on few...
Netflix ticker symbol: $NFLX short-term Elliott wave view suggests that the rally to $369.83 high on 6/05/2018 ended Minor wave 1. The internals of that rally unfolded as Elliott wave impulse structure with lesser degree 5 waves structure in Minute...
Google is still within a powerful wave ((III) and in the process of ending a super cycle degree in the next few years. We believe the cycle which started at 2009 low will end sometimes between 2020-2022....
Vanguard communication services ETF ticker symbol: VOX short-term Elliott Wave view suggests that the bounce to 88.35 on 4/24/2018 high ended cycle degree wave “b”. Below from there, the cycle degree wave “c” remain in progress as an Impulse Elliott Wave...
AT&T ticker symbol $T short-term Elliott Wave view suggests that the decline from 4/10 peak is unfolding as an Impulse Elliott Wave structure. In the impulsive structure, wave 1, 3, and 5 should show 5 waves internal subdivision. Down from...
