by Ramki | Mar 8, 2012 | US Stocks outlook
ELliott Wave analysis warns that Hewlett Packard has 25% downside potential. Any direct recovery to around $25.40 should be sold with a close by stop, and one could start taking profits in stages from near $21.50, riding a core position down to $17.35. Take a look at...
by Ramki | Mar 8, 2012 | Australian Stocks
Here is Ramki’s Elliott Wave analysis of BHP Billiton that appeared on Forbes on 7 March 2012
by Ramki | Mar 4, 2012 | India
The Indian stock market rally in 2012 caught many players by surprise. Towards the end of last year, India ranked as one of the worst performers in Asia, but in a few short weeks, everything had changed. The rally in NSE India from the 4531 low has already covered...
by Ramki | Feb 22, 2012 | US Stocks outlook
Here is Ramki’s Elliott Wave analysis of Microsoft Corp [NYSE:MSFT] published on MarketWatch:
by Ramki | Feb 15, 2012 | US Stocks outlook
In his latest post on Forbes, John Navin has drawn attention to Xerox Corp, (NYSE: XRX). I tend to agree with John even from an ELliott Wave perspective. Xerox Corp stock has completed a five wave rally from its March 2009 low of $4.12 and that move has been adquately...
by Ramki | Feb 15, 2012 | US Stocks outlook
This is another stock discussed by John Navin in his latest post. However, I am not as enthusiastic about Valero as I am for Xerox. The reason is simple. We appear to have finished a five wave movement, and hence it is probably best to wait for a decent correction...