Elliott Wave Analysis of IBM

Elliott Wave Analysis of IBM presents a fascinating study of how one could profit from the use of this approach to trading the stock markets. Today I present you three charts that show you how IBM stock moved exactly as an Elliott Wave text book would have described...

Randgold Rocks!

On 21 November 2016, active members of our Exclusive Club (i.e. those who had at least 1 unit in their account) were informed of a low-risk trade in RandGold Resources Limited ( trades under the symbol of GOLD). Those who subscribed to the trade were sent several...

Elliott Wave Analysis of Agilent Technologies Inc

Agilent Technologies was cut to sell vs hold by some analyst last week. However, that is not what triggered a 5.23% sell off on Friday, making it the worst performer of the S&P500 index. It could be the fact that a correction of the 1st leg down as shown in the...

HP begins correction

This is a quick post, following up on the 19 Nov post where we were looking for resistance at $36 for Hewlett-Packard Company (NYSE:HPQ). The stock has embarked on a correction from precisely that level, and it looks like we could get to test below $32 in the coming...

Should I sell Citi?

Some of you must have bought Citi when it was trading below $12. (see my post Let’s join the “Rescue Citi” effort! ) Sure I am looking for this stock to double in the medium term. But if you are like most traders who want to pocket some quick money, then be ready to...