Category Archives: Other Blogs

Weekend Reading – Elliott Wave Update

Originally posted on the ELLIOTT WAVE lives on:
REVIEW After a good rally last week, this week made a higher high then pulled back. For the week the SPX/DOW were -0.2%, the NDX/NAZ were -0.25%, and the DJ World index…

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Weekend Reading – Elliott Wave Update

Originally posted on the ELLIOTT WAVE lives on:
REVIEW A volatile and somewhat disappointing week for the bulls. The week started off with a gap down on Monday, followed by a tradable low at SPX 1837 on Tuesday. Then after a rally…

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Weekend Reading – Elliott Wave Update

Originally posted on the ELLIOTT WAVE lives on:
REVIEW The market started the week opening higher, but then took on the character that had started on expiration Friday: sell growth stocks after the opening. During the week the market had…

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Are stocks cheap or expensive?

Weekend reading from Barry Ritholtz on how to tell if stocks are cheap or expensive.  Basically, valuing stocks involves the price-to-earnings ratio (P/E Ratio), so you need price and future profits.  Price is known, future profits are “estimated”. As far … Continue reading

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Weekend Reading – Elliott Wave Update

Originally posted on the ELLIOTT WAVE lives on:
REVIEW The market started the week gapping up after last Friday’s decline to SPX 1840. The rally carried it into FOMC Wednesday to SPX 1874. Then right after the FOMC statement was released…

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Weekend Reading – Elliott Wave Update

Originally posted on the ELLIOTT WAVE lives on:
REVIEW The market opened the week with a rally to new highs by noon Monday. After that it tested and retested the 1841 pivot four times, day traders delight, with the last test…

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Weekend Reading – Elliott Wave Update

Originally posted on the ELLIOTT WAVE lives on:
REVIEW The market opened the week at SPX 1797, dipped to 1792 early Monday, then rallied with only one notable pullback to 1842 by Friday. And all this occurred during market hours,…

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