Elliott Wave analysis: Stock market [Video]
|Elliott Wave Stocks SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK, BLOCK, META, NFLX, ENPH, MSFT, BAC.
The release of Consumer Price Index (CPI) figures and jobless claims data could have a significant effect on the current upward trend in the stock market. Despite the market showing an overall increase, there is a decrease in trading volume and indications of divergence, suggesting that the rally could be a corrective one. The upcoming release of CPI and jobless claims data may provide insight into whether or not a turning point in the corrective rally is likely to occur.
Video chapters:
00:00 SP500 (SPX).
03:48 Apple (AAPL).
06:30 NVIDIA (NVDA).
09:24 Amazon (AMZN).
10:28 Meta Platforms (META).
12:20 Netflix (NFLX).
14:48 Enphase (ENPH).
16:57 Tesla (TSLA).
21:30 Alphabet (GOOGL).
23:12 Microsoft (MSFT).
24:11 Berkshire Hathaway (BRK.B).
25:30 Block Inc. (SQ).
27:03 Banks BAC.
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