Oil Trend Change?

There is one solution to staying ahead of oil’s trend changes — Elliott wave analysis! You know the expression “God works in mysterious ways”? Well, according to an August 6 CNBC article, the price action of one financial market — i.e., crude oil — has out-mystified even God himself. Or, rather, the well-heeled star of… Read more Oil Trend Change?

Volatility in Chinese Stock Market

“Chao gu” is the Chinese term for speculating in stocks. Roughly translated, it means “stir-frying” shares. Lately, though, for millions of Chinese investors, it means getting fried. Enter the “nerve-shredding,” “whiplash-inducing,” rollercoaster “tantrum” of China’s stock market. After soaring to 7-year highs on June 12, both the Shanghai Composite and Shenzhen stock indexes collapsed in… Read more Volatility in Chinese Stock Market