The panic following the SEC's rejection of the proposed Bitcoin ETF looks like a good buying opportunity for long-term investors
Investors, who would like to jump on the bitcoin wagon might soon get another opportunity at much better entry levels than currently offered by the market.
Adidas’ growth was spectacular, but it is a thing of the past now. Hoping that the stock would double again from here is, in my opinion, wishful thinking.
Unless you want to experience a 30% decline, you might want to stay aside for a while.
Post-2008 uptrend seems to be in its final phase. A major bearish reversal might be expected once wave (5) is over.
Five waves up means three waves down should follow
Amazon stock is likely to reach the $800 mark again, but instead of joining the bulls, we should get ready for the third phase of the corrective sequence.
We might see the USD index above 103.00 in the short-term, but overall, the trend since 2011 is approaching its end. Nothing lasts forever.
Long positions have a chance of succeeding only in the short-term.
Even Buffett himself is not going to tell you that his company is immuned to the trials and tribulations of the market cycle. Because it is not.
Both Elliott Wave and fundamental analysis claim FedEx stock is too overvalued.
It does not seem to be the best time to add to shorts.
Wave (V) should exceed wave (|||)'s high, but a major three-wave decline should be expected after that. Not the time to join the bulls now.
Instead of falling in love with USDCNH’s stellar performance, we should prepare for a major pullback with the potential to erase all of last year’s gains.
Once wave C is over, a bearish reversal should occur. It seems to be too late to join the bulls now.