To The Moon

Costco Wholesale Corp., Elliott Wave Technical Analysis Costco Wholesale Corp., (COST:NASDAQ): 4h Chart 11 December 23 COST Stock Market Analysis: We have been monitoring the upside in Costco as we seemed to have a group of waves 1-2 nesting. We are now looking at a count that suggests Minute wave {ii} is in place and we are now waiting for a pullback in wave (ii) to then look for longs. COST Elliott Wave Count: Wave (i) of {iii}. COST Technical Indicators: Above all averages. COST Trading Strategy: Looking for longs after a pullback in wave (ii). TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Costco Wholesale Corp., COST: 1-hour Chart 11 December 23 Costco Wholesale Corp., Elliott Wave Technical Analysis COST Stock Market Analysis: Looking

The Week AheadMacro Factors - The final Fed meeting and inflation data is on deskThe last Federal Reserve meeting and the latest inflation data of 2023 is on deck in the week, and investors will be keen to look for signals on when the central bank may start to cut interest rates, as stocks try to finish the year off on a high note.The market is overwhelmingly expecting no change to rates. Fed officials' latest projections for the economy and interest rates will offer clues into the future path of monetary policy.On Wednesday, Powell is likely to signal his continued commitment to bringing down inflation in his press conference. Traders will also get clarity into the path of potential future easing from the dot plot, or the Fed’s projections for 2024. In fact, the CME Group’s FedWatch tool

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🌟🌟🌟This week Ratings Agency Moody cut its outlook on China's credit rating to negative from stable saying that the country faces an economic slowdown. However other global ratings agencies Fitch Ratings and S&P Global Ratings made no changes. Fitch affirmed China's A+ rating with a stable outlook in August while S&P Global said on Wednesday December 6 that it has retained China's A+ rating with a stable outlook. Chinese EV stocks fell after the news of Moody's rating. However according to Reuters, foreign capital recorded a net inflow via the northbound trading link on Wednesday December 8 2023. $NIO Inc.(NIO)$ fell 1.4% on Friday. However Nio's share price bounce