To The Moon

Hello Traders! In this technical blog we are going to take a look at the Elliott Wave path in Invesco Commodity Index Fund ($DBC) and explain why the ETF should see more downside in a ZigZag ABC correction towards a Blue Box area. The fund pursues its investment objective by investing in a portfolio of exchange-traded futures on Light Sweet Crude Oil (WTI), Heating Oil, RBOB Gasoline, Natural Gas, Brent Crude, Gold, Silver, Aluminum, Zinc, Copper Grade A, Corn, Wheat, Soybeans, and Sugar. The index is composed of notional amounts of each of these commodities. 5 Wave Impulse Structure + ABC correction $DBC $DBC Weekly Elliott Wave View – Sep 16, 2024: $DBC The weekly chart above clearly illustrates the cycle that started from the March 2020 low, unfolding as a 5-wave impulse. This structure

What are the highest quality companies in the Fundsmith/Smithson investable universe?I took the complete set of holdings from both funds and ran it through one of my custom quality filters.Here are the ones that rise to the top 👇🏼👇🏼 $Nemetschek AG(NEMTF)$ $MSCI Inc(MSCI)$ $Qualys(QLYS)$ $IDEXX Laboratories(IDXX)$ $Mettler-Toledo(MTD)$ $Microsoft(MSFT)$ $Novo-Nordisk A/S(NVO)$ $HMS Networks AB(HMNKF)$ $Technology

$Spotify Technology S.A.(SPOT)$ has been an absolute monster stock the last 2 years, but there's more growth ahead. 1.PremiumSince 2018, the premium business has grown at a 20% CAGR with gross profit growing at a 22% CAGR. Price increases and improved operating margins will keep both growing. Image2.Ad-SupportedThe 10x opportunity for Spotify isn't growing premium, it's ads. 393 million of the company's 626 million monthly active users are on an ad-supported tier. While ad revenue has grown at a 24% CAGR, the business isn't consistently profitable. ImageIf the ad CAGR can continue at 24% for a decade, Spotify could get to $15.4 billion in revenue. A 30% gross margin would be $4.6 billion in margin. Can Spotify get there? It's a tough task, but wat

In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of XLF a Financial ETF, which we presented to members at elliottwave-forecast.com. In which, the rally from 05 August 2024 lows, showed the higher high sequence in higher time frame charts favored more strength. Also, the right side tag pointed higher against $40.50 low seen on 8.05.2024 low called for more upside. We will explain the structure & forecast below: XLF 1-Hour Elliott Wave Chart From 9.11.2024 XLF Reaction Before & After Reaching The Blue Box Area XLF 1 hour Elliott Wave Chart from 9.11.2024 Post-Market update, in which the ETF ended the 5 waves rally from 8.05.2024 low at $45.88 high. Down from there, the XLF made a pullback to correc

1. $S&P 500(.SPX)$ - Once Again at the Consolidation Zone: The hiccup expected for today was short lived, the close was green with a marginal gain. It's worth noting the bullish MACD crossover. Wednesday is THE day that will define the direction of the market.Image2. DXY In Election Years:In the 13 most recent U.S. election years, leading up to election day (roughly 100 calendar days), the DXY has shown an upward trend on average. In fact, the DXY has been higher more often than not — about 77% of the time — within the 35-40 trading days preceding the election.Imagehttps://x.com/SmartReversals/status/1835774801148785027

1.$iShares Russell 2000 ETF(IWM)$ - Daily Chart:Intriguing candle that has recently signaled tops.However, there is a bullish MACD crossover, and Stochastic is not overbought this time.Image2. $SUPER MICRO COMPUTER INC(SMCI)$ - Are bullish MACD crossovers a guarantee of a sustainable reversal?No, SMCI is a prime example. Recent signals have been fleeting, as circled in the chart. And the last two crossovers have occurred below both the 50-day and 20-day moving averages.To signal a significant rebound, SMCI must surpass the $519 level.Imagehttps://x.com/SmartReversals/status/1835850610329157741

Why SREITs? Stable and High Yield: SREITs offers a yield of 4 to 7%,  higher than deposit rates, broad equity market dividend yield, as well as REITs in major markets Lower Volatility and Correlation: SREITs have a moderate correlation to both stocks and bonds, and at lower volatility Hedge against inflation: Inflation leads to higher rents, which is positive for SREITs Diversification Benefits: SREITs offer exposure to real estate, across a wide range of sub-sectors and geography. Tax Benefits: Individual SREIT ETF investors enjoy a tax-exempt distribution on taxable income * Why Now? Peaking Interest Rates: Interest rates are peaking as inflation is easing, and the next move is likely rate cuts. SREITs’ cost of debt is closer to market rates and the erosion of distributions will soo

As AI trading shows signs of overheating and economic conditions shift, defensive investments are gaining attention on Wall Street. Utility stocks have surged this year, performing strongly and now rivaling tech stocks. So far, utilities and tech sectors have risen 22.08% and 25.69%, respectively.Is AI Boom Overhyped?In times of economic weakness, defensive sectors like real estate and consumer often outperform. Recent disappointing U.S. employment data and signs of a cooling economy have led investors to worry about a possible recession. As a result, more analysts are advising a shift toward defensive investments.Meanwhile, AI trading has cooled, with chip stocks struggling. The S&P Global Semiconductor Index has dropped 5.63% this month. Despite this, Bank of America advises against

While U.S. stocks have seen double-digit gains in 2024, clean energy stocks have lagged behind. Some clean energy ETFs have not only underperformed the $S&P 500(.SPX)$ but have also dropped in value. Clean Energy Remains a Long-Term TrendDespite this short-term weakness, clean energy remains a long-term trend. For long-term investors, it might be wise to overlook short-term fluctuations and seize the rare contrarian buying opportunities.The clean energy market is rapidly expanding as global demand for renewable energy rises. Governments worldwide are focused on reducing carbon emissions and advancing renewable energy, creating significant growth potential for related companies. Many countries have introduced incentives and policies to support

Berkshire Hathaway Inc., (BRK.B) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. It operates as Insurance as major operations along with subsidiaries operate in diverse sectors such as confectionery, retail, railroads, home furnishings, machinery, jewelry, apparel, electrical power & natural gas distribution. It trades as “BRK.B” ticker at NYSE & comes under Financial services sector. Since March-2020 low, it favors upside in weekly bullish sequence & favors I of (III), while placed (II) at $259.85 low. Above October-2022 low, it favors upside in ((5)) to finish I impulse, while dips remain above August-2024 low. BRK.B – Elliott Wave Latest Daily View:  Since March-2020 low, it placed (I) of ((III)) at $362.10 high