Browsing: fifth wave extension
If you look carefully, you can find some real gems in the market, and these are the stocks that you…
In his recent update in Forbes, John Navin mentioned IBM as one of the old warhorse stocks that is providing…
It is always a tough call to say we will get a 30% sell-off when all systems are pointing higher.…
The recent sharp swings in Silver has caused consternation among traders and investors alike. What is the outlook for this…
After the fifth wave extended as anticipated, we should now be ready for a snap back towards 1.5020/1.5070 in GBP/USD
Opto Circuits India Ltd appears in many portfolios that have Bharat Shah as the advisor. (Incidentally, Bharat is the famed fund manager from…
Many of you are aware that I have been looking for a serious downmove in Gold, but only AFTER a second retracement of the move that followed the initial sell off at the end of an extended fifth wave. We are currently still in that second retracement. I would urge traders to be paitient because the recent moves are not suggestive of an imminent reversal. Take a look at the chart below for additional inputs.
Today the news is Barclays Bank went to a three-month high on market optimism fueled by some nice numbers from US Bank Goldman Sachs. So I decided to take a look at what the charts tell us about Barclays.