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Stock Market Update |
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the ELLIOTT WAVE lives on
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OEW: an Objective approach to the Elliott Wave Theory
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OEW tutoring
Since we began offering OEW tutoring over six years ago, we have trained over 300 students in over 30 countries. Some of our very first students still participate in our private OEW forum. Over the holidays we completed our annual … Continue reading →
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weekend update
REVIEW The US market opened the week on a down note, dropping to SPX 1300, but ended at new uptrend highs, SPX 1345. For the week the SPX/DOW were +1.90%, and the NDX/NAZ were +2.95%. Asian market were mostly higher, … Continue reading →
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friday update
SHORT TERM: another gap up opening, DOW +157 Overnight the Asian markets were mixed and ended flat. European markets opened lower, but turned higher prior to the Payroll report and gained 1.6%. US index futures were higher overnight, but spiked … Continue reading →
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What every American investor should know
The Department of Labor publishes the Consumer Price Index (CPI) every month to monitor the inflation rate in the US. The chart below displays the annual rate of change, month to month, of the CPI in the Greenspan/Bernanke era. As you … Continue reading →
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thursday update
SHORT TERM: consolidation day, DOW -11 Overnight the Asian markets gained 1.0%. European markets opened lower, but gained 0.3%. US index futures were slightly higher overnight. At 8:30 weekly Jobless claims were reported lower: 367K vs 377K. The market opened two … Continue reading →
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Stock Market Update