Category Archives: Equities

SSE Composite Index: Elliott Wave Analysis

In my Elliott Wave analysis of the Shanghai SE Composite Index posted on 18 July 2011, I had warned investors of the likelihood of testing the 2100 levels. The chart posted on that day had a wave count that is … Continue reading

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Posted in China | Tagged , , | 9 Comments

Altria Group ready to lose 20% in value

I wished my well-meaning colleague a happy New Year and asked him how his portfolio was doing. He said it was doing swimmingly well. So I asked him what stocks he would recommend to me for the long term and … Continue reading

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Posted in US Stocks outlook | Tagged , , | 2 Comments

Easy Trade in ICICI Bank stock

In my last Elliott Wave update for Indian stocks, I pointed out that ICICI bank was approaching a buy zone. At that time, I was suggesting buying in stages from 620, but you could have done better and purchased at … Continue reading

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Posted in Indian Stocks Trading | Tagged , , | 38 Comments

DAX Index outlook Dec 2011 using Elliott Wave Analysis

How bad can it get for the European stocks during this ongoing crisis? In particular, can Germany’s DAX index weather the storm? When one thinks back at how nicely the US stock markets performed during the last couple of years, … Continue reading

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Posted in European Indices | Tagged , , , , | 15 Comments

S&P500 Elliott Wave Outlook Dec 2011

Two things are clear from the attached chart. First, there is a reasonably good chance that we will go back and forth for a few more weeks, and it is possible that one particular rally will be relatively powerful. However, … Continue reading

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Posted in S&P500 | Tagged , , , | 21 Comments

ICICI , L&T, and Unitech: Elliott Wave update of some popular Indian Stocks

I am going away on a two-week holiday,this time in God’s own country – Kerala, in a resort. So here is a small New Year’s gift for my friends in India. Elliott Wave analysis of ICICI suggests that despite the … Continue reading

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Posted in India | Tagged , , , , , | 30 Comments

IBM: Elliott Wave Analysis

In his recent update in Forbes, John Navin mentioned IBM as one of the old warhorse stocks that is providing leadership in keeping the market well supported. John has some very good instincts and is an engaged partcipant in the … Continue reading

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Posted in US Stocks outlook | Tagged , , , | 3 Comments

Elliott Wave Analysis of Deutsche Bank

Elliott Wave analysis of Deutsche Bank’s stock price chart suggests that the decline into January 2009 finished with an extended fifth wave. Of all the patterns that one can use to anticipate future moves, an extended fifth wave is probably … Continue reading

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Posted in European Stocks | Tagged , , , | 2 Comments