BHARAT Electronics Ltd.– BEL (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate degree, orange)Mode: MotiveStructure: ImpulsePosition: Minute Wave ((ii)) NavyDetails: Minute Wave ((iii)) Navy of Minor Wave 5 Grey is now progressing higher against 229. Alternatively Wave 5 Grey completed above 342.Invalidation point: 229BEL Daily Chart Technical Analysis and potential Elliott Wave Counts:BEL daily chart is indicating a progressive trend higher, which could be within its final Minor Wave 5 Grey higher towards 400 mark. The stock should stay above 229 mark, which is Minor Wave 4 termination. Furthermore, Minute Waves are unfolding within Minor Wave 5.The stock had dropped through 90 levels in January 2023, terminating potential Intermediate Wave (4). Since then, a religious uptrend can be seen sub diving into Minor Waves 1 through 4 as marked on the daily chart here. Minor Wave was extended and rallied through 326 highs.Minor Wave 4 bottomed around 229 mark and bulls are now looking poised to push higher as Minor Wave 5 unfolds. Bottom line for bulls to remain in control is the 229 low.BHARAT Electronics Ltd.– BEL (4H Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate degree, orange)Mode: MotiveStructure: ImpulsePosition: Minute Wave ((ii)) NavyDetails: Minute Wave ((iii)) Navy of Minor Wave 5 Grey is now progressing higher against 229. Minute Wave ((iii)) is probably extending and prices should ideally stay above 259 to hold the above structure. Alternatively Wave 5 Grey completed above 342.Invalidation point: 229BEL 4H Chart Technical Analysis and potential Elliott Wave Counts:BEL 4H chart is […]

Image courtesy of  Three weeks ago, we made a case that , driven on the back of the Trump-Musk alliance. Back then, shares were priced at $487 vs their current price of $396 per share. Nonetheless, over three months, Tesla shareholders can still enjoy a stock value return of 63%. This significantly outpaces the broader S&P 500 () index at 2.9% during the same period and  (NDX) at 5.5%.Just as with crypto memecoins, hype narratives are short-lived. Now that the reality of Trump’s 2nd term is settled, what can Tesla investors expect during 2025? Tesla’s Cybertruck Flop Offset by Tariffs In the aftermath of multiple recalls, it is safe to say that Tesla’s electric pickup truck, the Cybertruck, can be viewed as a . Not only does it represent a departure of design from other Tesla offerings, but it turned out more expensive. And not only is Cybertruck less robust than expected, but it diverted Tesla’s road to affordable EVs by gobbling up the R&D budget. Most importantly, this happened at a time when Chinese EV manufacturers mastered their scaling operations, having offered EVs under $25k.Although both the EU and the US want a transition from gasoline to electric vehicles, they are making sure this transition is greatly delayed by erecting high tariffs against China’s automakers. This has been the saving grace for Tesla as the Biden admin quadrupled such tariffs throughout 2024, with more expected from .In other words, Tesla’s Cybertruck experimentation had a tariff-powered reprieve. But long-term, Tesla would have to bolster its core […]

(Click on image to enlarge) I have read so many scary headlines this week. And let’s face it, the sell-off, especially in quantum computer stocks, is sobering. Please though, pay attention to price and not headlines or you will go nuts. If there is ever a year to learn about the , weekly charts and phase changes, this is the year. You hear it’s a stock picker’s market? It always is. The difference is that for 2 years everyone picked tech and growth because it was bullish and obvious. This year, a stock picker’s market means you better have a clue how to follow price action because fundamentals are up for grabs! Which brings me to 4 points before we get into the Family  Tonight, January 8th Geoff and I are doing a webinar and it’ll be awesome.  Today I talked to Andreas Steno on Real Vision-if you have a chance to watch, we cover a lot of great tips  If you have not read the Outlook 2025, please do  Read Plant Your Money Tree: A Guide to Growing Your Wealth-as relevant as ever  Starting with Granny Retail , she might be my biggest focus for how bearish or bullish to be right now. Weekly phase-Bullish. Until that changes, this is a correction. Plus, as long as XRT holds 78.00, it’s back where it broke out from after a massive consolidation last year. Granddad Russell 2000 , is also in a weekly bullish phase. Not too worried unless price breaks down under the moving averages. Big Brother Biotechnology , in a weekly Distribution Phase. 130 is […]

Image Source:  In this short clip, Samantha LaDuc analyzes the current macroeconomic landscape, focusing on rising bond yields, a strengthening dollar, and their potential impact on equities.She highlights the risks posed by financing costs, energy prices, and currency headwinds, forecasting that these factors may weigh on corporate earnings in early 2025.Samantha also discusses the importance of key levels in yields and the dollar, emphasizing the potential for market volatility if these thresholds are breached.Video Length: 00:15:18

Image Source:  In this short clip, Samantha LaDuc analyzes the current macroeconomic landscape, focusing on rising bond yields, a strengthening dollar, and their potential impact on equities.She highlights the risks posed by financing costs, energy prices, and currency headwinds, forecasting that these factors may weigh on corporate earnings in early 2025.Samantha also discusses the importance of key levels in yields and the dollar, emphasizing the potential for market volatility if these thresholds are breached.Video Length: 00:15:18

The Dollar rallied this morning early, and managed to hold on to the 109 handle. wallowed near its moving averages.Stocks slumped badly, but did not set a lower low, recovering quite a bit into the close.Gold and silver rallied. Gold has run up to the key resistance.US markets will be closed tomorrow in observance of the funeral of Jimmy Carter.The rest of the world will have to try and carry on without Wall Street.As you know I try to suspend judgement on a new administration for the first 100 days.I am doing the same thing again.Well, let’s see how this all unfolds.I suspect that 2025 is going to be a year of historic, shocking changes.See you on Friday.Have a pleasant evening.(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)(Click on image to enlarge)