S&P shows 'Green Shoots' Rob's analysis is beginning to point to a number of "green shoots" for US equities. Over and above chart patterns, last week we looked at small business sentiment, and this week Rob adds the buoyant price of copper as another potential positive for the market. [...]
Is the S&P bottom already in? Rob's first update for 2023 focuses on the most recent Small Business Optimism Index. This index is at extremely low levels, which has historically correlated to a market bottom and a significant bull market in the years that follow. Rob also reviews Tesla [...]
CPI figure has the potential to upset stock investors! This week's PPI figures highlighted that inflation is still lurking and next Tuesday's CPI figure has the potential to upset stock investors if the anticipated softening in inflation doesn't materialize. Get Rob's latest analysis on what this could mean for [...]
Did the Fed just pivot?? The FED gave strong signs that its aggressive interest rate regime is over! Rob covers the market's reaction to the latest FOMC minutes and how this has impacted the Elliott Wave analysis. This update includes Tesla (TSLA), AMC (AMC), Coinbase (COIN) &Apple (AAPL). [...]
Has inflation peaked? Stocks jumped emphatically higher after this week's CPI figures were reported. Investors believe that peak inflation has been reached and should decline going forward. So what is Rob seeing in the charts and does he agree? Rob also covers Tesla (TSLA), AMC (AMC), Coinbase (COIN), Meta [...]
This Fibonacci Level Will Make or Break Stocks! Stocks are approaching a Key level, and Rob has the latest analysis ready to go! While the Dow continues to lead and the QQQs are lagging, the S&P is at a major Fibonacci resistance point … how you handle next week [...]
Elliott Wave Count confirms Wave 4! Rob had his critics when he suggested that the SPX might bounce to form a new Elliott Wave 4 ... but that's exactly what has happened. And the bad news is that if the Elliott count holds, we're looking at new lows of [...]
Elliott Wave forecasts new low! Negativity and fear continue to mount in the expectation that the FED will continue to raise rates in its action to control inflation. Check in with Rob's latest analysis including the next important levels for Elliott Wave on the SPY. Includes a review of [...]
Good News is Bad News for Stocks! This week we had conflicting information on US jobs which ended up being good news for a robust economy, but bad news for stocks ... with the market concerned the FED will continue aggressively hiking rates. This sent the S&P down on [...]
Elliott Wave 5-Wave Impulse move! The Elliott Wave count for the S&P500 has re-labelled and the news isn't great if you own stocks! It's possible that the move to the downside will be a 5-Wave Impulse move going further than the current 3 wave Zig-Zag corrective pattern! Learn more [...]
