Dow Jones found early highs before settling back into the low end. New trading week kicks things off with a breather after Friday’s NFP. US consumer and wholesale inflation figures are due this week. The Dow Jones Industrial Average (DJIA) whipped on Monday, briefly testing fresh highs and breaking out of Friday’s tight churn before […]
Today’s Stock Market Indices Overview: S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis Elliott Wave Analysis Indices: S&P 500, SPY, NASDAQ 100, QQQ on track for higher levels as the Elliott wave count was suggesting. Trading Strategies is continue holding long trades for US […]
Why SPY reversed
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S&P 500 ran well into the data release, surged only to reverse in a four-hours selling streak. Source link
You’d be hard-pressed to find a company that has had a better run lately than NVIDIA (NASDAQ: NVDA). Last year, NVIDIA stock was one of the best performers on the S&P 500 and the Nasdaq 100, returning 239%. That dominance has continued in 2024 as it is up another 177% year to date (YTD). The […]
Short term Elliott Wave in Netflix (NFLX) shows incomplete bullish sequence from 4.22.2024 low favoring further upside. Rally from 4.22.2024 low is unfolding as an impulse Elliott Wave structure. Up from there, wave (1) ended at 664.25 and pullback in wave (2) ended at 626.44. The stock extended higher in wave (3) with internal subdivision […]
SPX uptrend questioned
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S&P 500 couldn‘t keep the fine rebound as all eyes were on „good that the job market is still OK, but maybe the Fed would stop hiking now“ interpretat Source link
Share: Rally in Microsoft (ticker: MSFT) from the 11.4.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 11.4.2022 low, wave ((1)) ended at 263.92 and pullback in wave ((2)) ended at 219.35. The stock rallies again in wave ((3)) which ended at 366.82 as the 30 minutes chart […]
Correction Bottom Searching
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Share: S&P 500 corrective mode following TSLA, NFLX earnings and Thu manufacturing plus unemployment data, continued Friday – too early yet to call this correction as over as the encouraging open had been eventually sold into. It‘s all about Fed tightening bets meeting soft landing estimates. Well, what estimates I say when LEIs […]
Share: Mullen completes production of 350 Class-1 EV vans. On Thursday, Mullen also announced a new delivery van pilot program with the New York Power Authority. MULN stock gained 10.7% on Thursday. After lacking ignition at the beginning of the week, Mullen Automotive (MULN) stock has made a silent comeback in the second half. The […]
