Elliott Wave Analysis of Valero

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...

Elliott Wave Analysis of Xerox Corp

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...

Elliott Wave Analysis of Verizon Communications

I thought it might be a good idea to present Elliott Wave analysis of Verizon Communications as this stock has come to the attention of some investment managers, possibly because of roll out and quality of its FiOS fiber-optic product (in addition to the company’s...

Elliott Wave Analysis of Wipro Ltd

Elliott Wave analysis of Wipro (WIT) should have warned you that the stock was close to a near term top. A five wave move was completed at 450.45 on Feb 10th, and the Goldman Sachs downgrade was the trigger for the ordinary investor to sell. But as you are a believer...

How to trade using Elliott Waves

This post seeks to illustrate how to trade using Elliott Waves. My goal is not to give you a comprehensive answer to this question, but to show you how to deal with a move that is happening. The Indian markets have been moving nicely higher in recent weeks, and I am...