While my background is as a long-only investor, I believe there are very few asymmetric opportunities for the risk-averse long investor in today’s market. While this is a negative, the upshot is that there is no shortage of exciting opportunities to short (massively) overvalued stocks. Today, I will profile three stocks which I believe are significantly mispriced and are likely […]
Morning technical analysis – 11 February 2014February 11, 2014 by Craig Erlam in Technical analysisEURUSDThe outlook for this pair hasn’t changed much since yesterday, having failed to close above the 50-day SMA. It did close marginally above the 61.8 fib level yesterday and has made further attempts to break higher this morning, which makes it look a little more bullish, […]
I had expected a little more downwards movement to complete a small second wave correction. Price did move lower to complete the correction, but it moved higher first. Downwards movement is finding strong support at the lower edge of the parallel channel as expected.Summary: Upwards momentum should increase. The short term target at 1,297 may be met within about four […]
Fears over a growing emerging market crisis have hit stocks hard in the past month, but BMO Capital Markets is telling investors to relax.“To be sure, U.S. markets are likely to behave much better with emerging market strength, but we strongly disagree with the notion that higher U.S. stock prices require emerging market participation,” said Brian Belski, BMO’s chief investment […]
Last analysis of US Oil on 17th December, 2013 expected more upwards movement towards a target at 103.21 to 104.42. Price moved higher as expected, but fell short of the target reaching only to 100.76.The wave count remains the same.Click on the charts below to enlarge.The bigger picture sees US Oil in a large second wave correction at super cycle […]
Yesterday’s analysis expected more downwards movement which is exactly what has happened.Summary: Price should continue to move lower overall with an increase in downwards momentum. The short term target at 1,217 may be met in one day, and the short / mid term target at 1,198 may be about two days away.Click on the charts below to enlarge.Gold is still […]
Stock Market Heading LowerStock-Markets / Stock Markets 2014Jan 27, 2014 – 05:46 PM GMTBy: Gregor_Horvat
A sharp fall down to 1783 on Friday suggests that the S&P is heading lower now in wave 4. Wave 4 is a corrective leg so this can be only a temporary weakness but we still need three […]
Google Compute Engine VMs provide a fast and reliable way to run Apache Hadoop. Today, we’re making it easier to run Hadoop on Google Cloud Platform with the Preview release of the Google Cloud Storage connector for Hadoop that lets you focus on your data processing logic instead of on managing a cluster and file system.Diagram of Hadoop on Google […]
SILVER Elliott Wave Technical Analysis – 10th January, 2014 By: Lara Iriarte | Sat, Jan 11, 2014 SharePrintEmailLast analysis of Silver on 31st December, 2013 expected a trend change and
upwards movement. This is exactly what has happened so far. If price moves
above 20.489 the new upwards trend would be confirmed.The wave count remains the same.Larger
[…]
Last analysis expected downwards movement to be a second wave correction. This now looks very unlikely because the second wave would have breached the lower edge of an acceleration channel drawn about the first and second wave of one degree higher. What is now more likely is a continuation of intermediate wave (4) as a regular flat correction.Click on the […]
