by Ramki | Mar 9, 2012 | US Stocks outlook
This post gives you Elliott Wave analysis of Citigroup [NYSE:C]. It is not easy to deal with corrections, and labelling the waves becomes a challenge. For example, the first ABC higher had a running flat inside it. But you can see that Wave C was equal to Wave A....
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 | 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
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...
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 14, 2012 | US Stocks outlook
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...