This blog provides an Elliott Wave update to our previous blog here –> Shopify (NYSE: SHOP) Wave V in progress Shopify has extended higher to end wave III as the previous blog suggests. Now it is in wave IV correction and still has chance to extend higher again later. SHOP Weekly Chart August 2, 2021 Weekly […]

After 9 months, we present here an updated view on the Swiss Market Index (SMI). SMI represents a capitalization-weighted measure of the 20 most significant stocks on the SIX Swiss Exchange in Zurich; the ticker is $SMI. In the initial blog article from November 2020, we were calling the “COVID-19” drop in February-March 2020 to become a […]

Électricité de France S.A. (literally, Electricity of France), commonly known as EDF, is a French multinational electric utility company. The operations include electricity generation and distribution, power plant design, construction and dismantling, energy trading and transport. Founded in 1946 and headquartered in Paris, France, the company is largely owned by the French state. EDF is a part […]

Bank stocks usually reflect the economic performance, making them cyclical stocks. Bank stocks have undergone a huge downfall in 2020 as consumer spending receded, auto loans dropped and businesses stopped amid the coronavirus crisis. Moreover, Berkshire Hathway, owned by Warren Buffet, also unloaded its stakes in Bank stocks, which further triggered the downfall journey of […]