Category: Stocks & Commodities

DAX has seen some deep pullback in 2023, but it was  A-B-C drop into the important 14400-14600 area. We can see nice and clean impulsive…

Having seen Sainsbury share price slide sharply after failing to raise its guidance yesterday, Tesco is slightly more optimistic doing what Sainsbury couldn’t after a…

Investing in penny stocks, which are stocks that generally trade below $5 per share, requires a healthy dose of caution. For every Amazon (NASDAQ: AMZN)…

Fisker Inc. is an US American automotive company. It is producing electric sport utility vehicles (SUVs) like Fisker Ocean, Pear, Ronin and Alaska. Founded 2016, headquartered in Los Angeles, California, US, it is a component of the Russel3000 index. Investors and traders can trade it under the ticker $FSR at NYSE.

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of XLV. We presented to members at the elliottwave-forecast. In which, the rally from 27 October 2023 low unfolded as an impulse structure. And showed a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the $XLV & buy the dips in 3, 7, or 11 swings. We will explain the structure & forecast below:

A lot of beaten down fintechs had bounce-back years in 2023 as the technology sector soared. But one of the oldest payment fintechs, PayPal Holdings (NASDAQ:PYPL), was not one of them. While some of its rivals, like Block, posted gains last year, PayPal finished 2023 down 14%, trading at around $60 per share.

Last year turned out to be a very good year for the stock market, as the major indexes all posted returns above their historical averages.

In my recent gold price forecast for January 2024, I wrote about the most important of the recent technical events in gold (gold’s weekly reversal), and in today’s free analysis, I’ll focus on something far less obvious.

There was much fanfare in 2023 about Denmark’s Novo Nordisk, which became Europe’s most valuable company. But in the race to be crowned the region’s best-performing mainstream stock, there was no contest: Britain’s Rolls-Royce achieved that accolade. The engine maker soared around 220 per cent in 2023, eclipsing the drugmaker’s 49 per cent rise, to become the best performing stock of the Stoxx Europe 600 index, the continent-wide benchmark.

The pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) is going to end the year as the worst performer among the 30 blue-chip stocks on the Dow Jones Industrial Average. As of Dec. 28, it was down about 29% year to date, and the next closest is Chevron (NYSE:CVX), which is off 15% in 2023.