Archive for Stock Market News

Chris Vermeulen’s Technical Trader Tip Of The Week – September 27, 2021

By TheTechnicalTraders 

Join Chris as he talks about the energy sector coming to life recently. Energy stocks are starting on a verge of a break out to the upside this week.

Subscribers to any service at The Technical Traders: Please let us know via a member ticket what you would like to learn about and we will do our best to make sure this happens.

Non-subscribers: Please enjoy these micro-lessons as a way to further your education and understanding of how a technical trader…well…trades!

CLICK ON THE IMAGE BELOW TO WATCH THE VIDEO

TO EXPLORE THE DIFFERENT TRADING STRATEGIES CHRIS OFFERS, PLEASE VISIT US AT THE TECHNICAL TRADERS. YOU’VE GOT MORE TO GAIN THAN TO LOSE WHEN SEEKING INFORMATION!

TheTechnicalTraders.com

Disney – Flexing Its Pricing Power Muscle

By Ino.com

– Disney (DIS) has been the sweet spot of capitalizing on the pent-up post-pandemic consumer wave of travel and spending while being the new and preferred stay-at-home content provider via Disney Plus. Over the past couple of years, Disney has rolled out and refined its wildly successful array of streaming initiatives that catered to the stay-at-home economy during the pandemic. These streaming efforts have transformed Disney’s business model, which its legacy businesses will further bolster as the world economy prospects continue to improve and reopen. Taken together, Disney has set itself up to benefit across the board with its streaming initiatives firing on all cylinders and theme parks coming back online. The company has been posting phenomenal streaming numbers that have negated the negative pandemic impact on its theme parks. This streaming-specific narrative will change as the theme park revenue comes back online and flows into the company’s earnings. Due to the tremendous success of Disney Plus, the company is now flexing its pricing power muscle and put through pricing increases on its streaming platform. This pricing power speaks to the value of Disney Plus as a standalone streaming platform while expanding its margins on this new business vertical. Disney presents a compelling buy for long-term investors as its legacy business segments get back online in conjunction with its wildly successful streaming initiatives, all of which have more pricing power down the road.

Pricing Power Flexing

Disney recently pushed through another price increase on its monthly subscription tier for its Hulu offerings. This is on top of price increases that it pushed through on its Disney Plus subscription earlier this year. Clearly, the Disney streaming platforms possess pricing power as the adoption of these steaming properties by consumers becomes more widespread. Part and parcel with these price increases is margin expansion and increased revenue. Disney has forecasted that its Disney Plus streaming platform will have up to 260 million subscribers by 2040. Thus, even marginal price increases will translate into meaningful revenue windfalls for the years to come.

Streaming and Theme Park Synergy

The company continues to exceed all expectations in the streaming space accelerated by the stay-at-home pandemic backdrop. Disney’s streaming initiatives have been major growth catalysts for the company. Disney+ growth in its subscriber base has shifted the conversation from pandemic impact on its theme parks to a durable and sustainable recurring revenue model. This streaming bright spot in conjunction with its park and resorts coming back online has been a perfect combination as of late, especially with widespread vaccinations. Disney+ has racked up 94.9 million paid subscribers, Hulu has 39.4 million paid subscribers, and ESPN+ has 12.1 million paid subscribers. Collectively, Disney (DIS) now has over 146 million paid streaming subscribers across its platforms. Disney+ has been wildly successful via unleashing all its Marvel, Star Wars, Disney, and Pixar libraries in what has become a formidable competitor in the ever-expanding streaming wars domestically and internationally. Hence Disney’s stock performance during the pandemic as its theme parks was shuttered.

Post-Pandemic and Box Office

Disney’s business segments are coming back online as the pandemic subsides worldwide with widespread vaccinations. Even the Box Office is showing life with Disney’s successful post-pandemic releases of Black Window and Shang-Chi. Disney’s theme parks are reopening, as seen with phased reopening efforts and mask mandates being lifted. Inevitably, movie productions will resume, movie theaters and theme parks will reopen to full capacity, and sports will return to pre-pandemic formats. The resumption of these activities will feed into Disney’s legacy businesses in conjunction with its massive streaming successes. Disney continues to dominate the box office year after year with a long pipeline of blockbusters in the queue. Its parks and resorts continue to be a growth avenue with tremendous pricing power. In addition, Disney is going all-in on the streaming front and acquired full ownership of Hulu, and the company has launched its Disney+ streaming service with tremendous success.

Conclusion

Disney (DIS) has successfully shifted its business model to a subscription-based service that produces a durable, sustainable, and predictable revenue stream via its streaming initiatives. These streaming properties possess tremendous pricing power over the years to come. As a result, the company has shifted the narrative from pandemic challenges to a focus on becoming a streaming juggernaut with over 146 million paid subscribers across its various platforms. Against the backdrop, its legacy business segments are ready to regain their footing as the pandemic subsides via widespread vaccinations. We have already seen the box office come alive with Disney’s Black Widow and Chung-Chi successes. All the initiatives that Disney has taken over the previous few years to remediate its business and restore growth appear to be coming to fruition via its Fox acquisition and its streaming initiatives. Disney continues to invest heavily into its streaming services (Hulu, ESPN Plus, and Disney+) to propel its growth and dominance in the streaming space. The company is evolving to meet the new age of media consumption demands via streaming and on-demand content. Disney’s streaming initiatives will continue to be major growth catalysts moving forward. Disney is a compelling buy as its legacy theme park business comes back online in conjunction with its streaming initiatives.

Noah Kiedrowski
INO.com Contributor

Disclosure: The author holds shares in AAPL, AMZN, DIA, GOOGL, JPM, MSFT, QQQ, SPY, and USO. He may engage in options trading in any of the underlying securities. The author has no business relationship with any companies mentioned in this article. He is not a professional financial advisor or tax professional. This article reflects his own opinions. This article is not intended to be a recommendation to buy or sell any stock or ETF mentioned. Kiedrowski is an individual investor who analyzes investment strategies and disseminates analyses. Kiedrowski encourages all investors to conduct their own research and due diligence prior to investing. Please feel free to comment and provide feedback, the author values all responses. The author is the founder of www.stockoptionsdad.com where options are a bet on where stocks won’t go, not where they will. Where high probability options trading for consistent income and risk mitigation thrives in both bull and bear markets. For more engaging, short duration options based content, visit stockoptionsdad’s YouTube channel.

By Ino.com – See our Trader Blog, INO TV Free & Market Analysis Alerts

Source: Disney – Flexing Its Pricing Power Muscle

 

BABA Will Primary Wave Ⓒ Be Bullish?

By Orbex

The current BABA structure suggests the construction of a large zigzag Ⓐ-Ⓑ-Ⓒ.

Apparently, the construction of the middle part of this zigzag, correction Ⓑ has come to an end. It consists of three main sub-waves (A)-(B)-(C) of the intermediate degree. The final part of the intermediate impulse wave (C) took the form of an ending diagonal.

Most likely, we are currently at the beginning of the development of a bullish wave Ⓒ, which can take the form of a simple impulse. Its growth may end above the level of 274.86, which was marked by the correction wave (B).

BABA

However, the development of the primary correction wave Ⓑ could continue. It may take the form of an intermediate triple zigzag (W)-(X)-(Y)-(X)-(Z).

The actionary wave (W) is a minor double zigzag, and the second actionary wave (Y) is a triple zigzag.

If our assumption is correct, then in the coming week, the price could continue declining in the actionary intermediate wave (Z) to the level of 118.48, at which, primary correction Ⓑ will be at 76.4% of wave Ⓐ.

And only after the full completion of this correction the price could rise to 274.37.


Orbex-LogoArticle by Orbex

Orbex is a fully licensed broker that was established in 2011. Founded with a mission to serve its traders responsibly and provides traders with access to the world’s largest and most liquid financial markets. www.orbex.com

The US stock market sees the biggest outflow of capital

by JustForex

The US stock market closed in the green zone on Friday. The Dow Jones Industrial Average increased by 0.10% (+0.98% for the week), the S&P 500 added 0.15% (+1.19% for the week) and the Nasdaq Technology Index added 0.11% (+1.96% for the week). Despite all of the major indices rising by the end of the week, US stocks experienced their biggest weekly outflow in more than three years, with traders withdrawing $28.6 billion from US equity funds during the week. With the QE program cuts set to begin in a little over a month, there is no reason to expect further significant growth in the indices.

US House Speaker Nancy Pelosi urged her Democratic colleagues to pass the Biden administration’s $3.5 trillion spending package. The House of Representatives is scheduled to vote on the infrastructure package this Thursday. US President Joe Biden indicated in his speech that the administration was going to make historic tax cuts for the middle class and increase taxes on large corporations and wealthy citizens.

Stock markets in Western Europe ended Friday trading with a decline. British FTSE 100 index decreased by 0.4% (+1.26% for the week), German DAX decreased by 0.7% (+1.78% for the week), French CAC 40 lost 1% (+2.92% for the week), Spanish IBEX 35 decreased by 0.4% (+2.71% for the week). Stocks of sports goods producers fell on Friday. Adidas AG dropped 2.5%, Puma SE dropped 3% and JD Sports decreased by 2.4%. The UK consumer confidence index fell five points in September compared to the previous month. The UK is facing several crises at once: an international gas price hike that is forcing energy companies out of business, which threatens to undermine meat production; a truck driver shortage that brings chaos on the retail trade and leaving not only empty store shelves but also empty gasoline stations. In Germany, the Chancellor held elections, which will succeed Angela Merkel, who served as the head of the German office for 16 years. The first data of exit polls were published in Germany. The German Social Democrats led by Olaf Scholz are leading the Bundestag elections with 26%.

Energy shortages around the world continue. Natural gas prices in Europe are at record highs. The gas crisis in Europe is already bigger than the oil shock of the 1970s in the United States. Oil prices increased for the fifth straight day on Monday, with Brent crude hitting $80 amid concerns about tight supply as some parts of the world see demand rise with pandemic conditions easing. Goldman Sachs raised its year-end forecast for Brent crude oil from $80 to $90 per barrel.

The 10-year Treasury yield jumped from 1.30% to 1.45% last week after the Fed signaled a reduction in its QE program. Rising yields and a rising dollar index are always negative for gold and silver prices, as these instruments are inversely correlated.

Coal prices in China also reached an all-time high. The National Energy Administration of China (NEA) has ordered coal and gas companies to increase production to ensure the country has enough energy to keep homes warm in winter. Car sales in China could rise in 2021, breaking a three-year slump. Vietnam plans to ease coronavirus measures and allow businesses to resume production from next week to support an economy hit by prolonged lockdowns.

Adding to the semiconductor shortages plaguing many industries appears to be a shortage of passive components such as capacitors. Chemi-Con, Nichicon, and Rubycon plants in Malaysia and Indonesia, where most of the well-known aluminum electrolytic capacitors are made, were closed in July and August. Meanwhile, the three listed companies together control about 50% of the market for these products. The current restrictions are expected to reduce capacitor shipments by 30-60%.

Evergrande’s foreign investors have not received an interest payment. Evergrande Payment was to be made on Thursday. The missed payment opens Evergrande’s grace period, which could lead to the largest default. It would also raise questions about the financial solvency of investors and could lead them to start selling their other assets to cover the losses.

Main market quotes:

S&P 500 (F) 4,455.48 +6.50 (+0.15%)

Dow Jones 34,798.00 +33.18 (+0.095%)

DAX 15,531.75 −112.22 (−0.72%)

FTSE 100 7,051.48 −26.87 (−0.38%)

USD Index 93.28 −0.19 (−0.20%)

Important events for today:
  • – Eurozone ECB President Lagarde’s Speech at 14:45 (GMT+3);
  • – US FOMC Member Evans’s Speech at 15:00 (GMT+3);
  • – US Core Durable Goods Orders (m/m) at 15:30 (GMT+3);
  • – US FOMC Member Williams’s Speech at 19:00 (GMT+3);
  • – US FOMC Member Brainard’s Speech at 19:15 (GMT+3);
  • – UK BoE Gov Andrew Bailey’s Speech at 21:00 (GMT+3).

by JustForex

 

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

The economic slowdown affects the indices in September

By Admiral Markets

Technical Analysis 27 September

Many of us will have heard the famous phrase “sell in May and go away” in relation to the financial markets. This phrase refers to the theory that, during the period between the months of November and April, the growth in the stock market is higher than the average growth of the months between May and November. Therefore, the phrase recommends closing our positions and waiting for the summer period to pass before resuming our activity.

So far, in 2021, this premise is not being entirely fulfilled. Whilst it is true that the upward trend seems to have slowed down, if we look at the main stock market indices from June onwards, we can see that – with the exception of the IBEX35, generally speaking – the trend has remained positive, thus continuing the trend from the first half of the year.

European indices: 

  • IBEX35 has lost 2.37% since May.
  • DAX40 is up 1.58% since May.
  • CAC40 is up 3.57% since May.
  • FTSE100 is up 0.67% since May.

US indices: 

  • DJI30 is up 0.78% since May
  • SP500 is up 5.98% since May
  • Nasdaq up is 9.4% since May

As we have noted in recent analyses, during the last few weeks we have observed a deterioration in the global economy. As a consequence of this, September has been generally negative, erasing part of the gains obtained up to August – with declines in September of 1.04%, 1.39% and 1.49% in the DAX40, NQ100 and SP500 respectively.

To this slowdown in macro data, we must add the uncertainty regarding the impact of the start of tapering in the United States and the formation of the new government in Germany following yesterday’s elections, in which the replacement for Chancellor Angela Merkel was to be decided after she announced her departure several months ago, having led the country for the last 16 years.

These elections have resulted in uncertainty with regard to the new government, as Olaf Sholz’s social democratic party (SPD) has not achieved a clear majority. Therefore, an intense period of negotiations is now underway to achieve power.

After the last meeting of the Federal Reserve, it seems that tapering will begin in November and could end in mid-2022, so we will have to be very attentive to how the market digests this situation, as a hasty withdrawal of stimulus could cause corrections in the main stock market indices.

DAX40 Analysis

If we focus on the German DAX40, we can see that, over the last few months, it has maintained a clear upward trend that led it to set new all-time highs in mid-August. These highs came after the price overcame the sideways movement it had been following since last June after successive support on its uptrend line. Although, after finally setting its current all-time highs (green band), the price began a consolidation that led it to break its important long-term uptrend line.

This break led the price to look for its important support zone in the area where its 200-session moving average in red meets the lower red band near 15,000 points. Here, the price found a point of support to make a new impulse, which has led it to once again overcome its important support/resistance level (represented by the orange band) on which it has been pivoting for several months.

This support/resistance level is crucial for the DAX40, because, if it is able to hold this level, we could witness a new impulse in search of its historical highs. In contrast, if the price loses this level, it should face again its main support and the subsequent loss of this level would open the doors to a change of trend and an even bigger correction.

DAX40 Daily ChartDepicted: Admirals MetaTrader 5 – DAX40 Daily Chart. Date Range: 12 August 2020 – 27 September 2021. Date Captured: 27 September 2021. Past performance is not a reliable indicator of future results.

Evolution of the last five years:

  • 2020: 3.6%
  • 2019: 25.48%
  • 2018: -18.26%
  • 2017: 12.51%
  • 2016: 6.87%

SP500 Analysis

If we focus on the daily chart of the SP500, we can see that – after the declines of this month, due to the slowdown in the economy caused by the energy crisis and the delta variant of the coronavirus – the price has lost the important bullish channel which it had been following after forming a double bottom between September and October last year represented by the red band.

This break of the lower band of the channel is important because, if the price fails to recover these levels and the pullback is confirmed, the SP500 could suffer a major correction, the main target of which would be the width of this important channel around the orange band which acts as the main support/resistance level.

The loss of this level would jeopardise the current bullish structure and open the door to a possible change of trend from bullish to bearish. Although to confirm this change in trend, the price would first have to face its important 200-session moving average in red.

SP500 Daily ChartDepicted: Admirals MetaTrader 5 – SP500 Daily Chart. Date Range: 17 August 2020 – 27 September 2021. Date Captured: 27 September 2021. Past performance is not a reliable indicator of future results.

Evolution of the last five years:

  • 2020: 15.05%
  • 2019: 29.09%
  • 2018: -5.96%
  • 2017: 19.08%
  • 2016: 8.80%

With our exclusive Premium Analytics tool, you can follow all the latest market news, sentiment and technical insight! Click the banner below to find our more:

Premium Analytics from Admirals

Furthermore, with the Trade.MT5 account from Admirals, you can trade Contracts for Difference (CFDs) on the DAX40, IBEX35, S&P500 and many more instruments. CFDs allow traders to attempt to profit from both rising and falling prices, whilst also benefiting from the use of leverage. Click the banner below to open an account today:

Trade the World's Top Markets with Admirals

INFORMATION ABOUT ANALYTICAL MATERIALS: 

The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admirals investment firms operating under the Admirals trademark (hereinafter “Admirals”) Before making any investment decisions please pay close attention to the following: 

  1. This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research.
  2. Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content.
  3. With view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for prevention and management of conflicts of interest.
  4. The Analysis is prepared by an independent analyst Roberto Rojas, Freelance Contributor (hereinafter “Author”) based on personal estimations.
  5. Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis.
  6. Any kind of past or modelled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.
  7. Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the risks involved.
Roberto Rojas
Roberto Rojas Financial Analyst, Admirals SpainRoberto is a Financial Analyst with a European Financial Advisor certificate and a Double Degree in Business Administration and in Actuarial and Financial Sciences. In 2013 was graduated as an Expert Manager in Equities

By Admiral Markets

Can You Survive a Protracted Bear Market?

There are rumblings within the investment community that the markets may be set to decline in the near future and this has newer investors a bit concerned. Everyone has heard horror stories of losing everything when the markets suddenly take a downturn and unless you’ve ever experienced a true market crash, you may be in for the ride of your life. This is not to say that the markets will crash or that we are about to enter a bear market phase. The question is, can you survive a prolonged bear market if you had to live through one? It pays to know what to expect and how to handle your finances and investments if the worst should come to pass.

What Exactly Is a Bear Market?

It is common knowledge that a bull market is when stocks are soaring and gaining on a continual upward curve but bear markets are a little more challenging to understand. A brief definition would be that during a bear market, asset prices decline by at least 20% from recently trending highs. While no one is eager to have a portfolio of investments during a bear market, there are a few strategies that can help you survive, and maybe even profit a bit if used wisely.

Recognize Fear for What It Is

If there is one thing you should avoid at all costs it would be trading on fear alone! Never buy or sell just because stocks suddenly take a turn toward a bear market as history has shown us that there will be occasional dips where today’s bear market could suddenly soar to a bull market next week. Fear is an emotion and as you have always been advised, never buy or sell based on emotion.

Making money in the market requires calm, well thought out investment strategies and that is impossible to do if you are letting fear rule your investment strategies. In fact, it might be to your advantage to roll over and play dead at this time. Isn’t that exactly what a bear might do if suddenly confronted with danger? Many instinctively know that to charge a hunter with a loaded .375 Ruger means certain death so they choose the better option. They roll over and play dead until it is safe enough to run toward safety.

Beware of Overinvesting

When those asset prices begin to tumble you may be tempted to buy as much as you can as quickly as you can. This can be a grave error in judgment. It could be that some of those stocks would have been on the downturn even in a bull market and you could lose your proverbial shirt in the process. Having said that, on the other hand, careful market analysis should give you a fairly accurate idea of those stocks, which will very likely begin gaining value again in the short term.

Also, when you take every available dollar to buy up stocks when prices are low you are likely to take from funds otherwise needed. Many new investors beg a little here, borrow a little there and before they know it, they are late on mortgage, automobile, and credit card payments.

If you have fallen into this trap, it is good to know that there are ways to avoid penalties. For example, this guide will give you step-by-step details on how to get a late fee waived if you’ve missed a credit card payment. While it isn’t advisable to miss even a single payment, an app like Tally can help you pay down your credit card debt and grow your credit score. This is also important for a serious, albeit new, investor. The app could help you save a lot of money in fees and interest, money that could be put to better use.

Better Safe Than Sorry

One bit of advice you aren’t likely to hear often is that when it comes to making money in the market, it is better to be safe than sorry. No, this doesn’t mean you shouldn’t buy stocks you are interested in as they appear to be rising substantially, but rather to temper that with the purchase of defensive stocks that do well in literally any market. The key is knowing when to buy them. Many seasoned investors always keep a portfolio of defensive stocks purchased before a downturn so that they have stable earnings during a bear market.

Unfortunately, the term ‘defensive stocks’ is often confused with the term ‘defense stocks’, which are totally different entities. A defensive stock is one that will offer steady earnings and consistent dividends because those products are needed in any market at all times. Examples of defensive stocks might be such things as personal hygiene products, utilities, pharmaceuticals, and literally anything that is needed in good times or bad. No matter which way the market trends, these underlying assets will still be in demand. A defense stock, on the other hand, is just that. They are stocks you can buy in companies that manufacture weapons and ammunition, for example.

Key Takeaways for Survival in a Bear Market

By now, you get the point. Just because there is a rather sudden drop in asset prices of 20% or more, it doesn’t mean that you are about to enter a protracted bear market. Short dips can be managed if they are just that, short in duration. The key is to watch the markets consistently, read forecasts released by successful investors or brokers, and take enough time to analyze the current trend. It doesn’t pay to make rash trades out of fear but rather to approach investing from a position of strength.

Also, just because prices drop lower than you’ve ever seen them doesn’t mean you should sink your entire life savings or household expense money into buying up as many as you can. Here again, those stocks may have been perched on the ledge waiting to fall anyway. It is always wiser to be safe than sorry and if it means rolling over and playing dead until you see which way the wind is blowing, so be it. Just because it looks like a bear market doesn’t mean it will be a protracted one. You can survive a bear market if you are well prepared, and that is your key takeaway for today.

By Taylor Wilman

 

Nanotech Co.’s Shares Trade Higher After Developing Antimicrobial Coating for PPE

Source: Streetwise Reports   09/23/2021

ZEN Graphene Solutions Ltd. shares traded 13.5% higher after the company reported it delivered its first revenue-generating shipment of ZENGuard, a patent-pending coating with 99% antimicrobial activity. The first commercial shipment follows the firm’s announcement yesterday that Health Canada determined ZENGuard enhanced surgical masks are safe for use by Canadians.

Canadian nanotechnology firm ZEN Graphene Solutions Ltd. (ZENYF:OTC-US; ZEN:TSX.V), which is working on developing on next-generation healthcare solutions that include graphene nanomaterial based products, today announced that “it has delivered and generated revenue from its first shipment of ZENGuardTM antimicrobial coating to Trebor Rx Corp.”

The company advised that this first commercial shipment was possible as it was able to rapidly move from bench scale production to operations capable of supporting manufacturing greater than 30 million masks monthly.

The firm noted that it is now engaged in engineering and building a new industrial plant that is expected to have the capacity to coat the equivalent of 800 million masks per month. ZEN Graphene Solutions reported that the plant is now in the procurement stage and is expected to go online in the fourth quarter.

“A new level of safety and protection has been achieved by the approval of Trebor’s biocidal coated ZENGuard mask.”

ZEN Graphene’s CEO Greg Fenton remarked, “The achievement of our first commercial sale of ZENGuardTM to our partner Trebor marks the beginning of what we expect to be a very compelling growth story for the prevention pillar of our health care portfolio in the months and years ahead. With Health Canada approval behind us, we are now focused on bringing our industrial production online to meet the global demand we expect for our gold standard anti-microbial face mask.”

In a separate news release yesterday, ZEN Graphene Solutions and Trebor Rx Corp. announced “Health Canada’s approval of ZENGuard™ disposable face mask with biocidal coating and rated it at ASTM Level 3.”

The company explained that Health Canada conducted an extensive review process to insure that the ZENGuard™ disposable face masks met use and safety standards. The product data was examined in detail to evaluate several key factors including bacterial filtration efficiency, inhalation safety, pathogen deactivation, shedding, skin irritation and viral filtration efficiency. Upon full review, the agency validated that ZENGuard™-enhanced surgical masks are indeed safe for immediate use by Canadians.

CEO Fenton commented, “Exactly one year ago today we announced the scientific breakthrough related to our antimicrobial coating – and now seeing proactive affirmation from Health Canada that ZENGuard™-enhanced surgical masks are safe, we have achieved a major milestone for our company and shareholders”

Fenton continued, “We are ready to bring what we believe is a significant differentiator in the PPE space to those in Canada’s highest risk environments. Looking beyond our borders, the first regulatory approval of our technology for use on surgical masks is also significant as we continue developing our international growth strategy.”

“The ZENGuard coating offers protection against COVID-19 and shows potential for use in other compounds and pharmaceutical products for protection against other infectious diseases.”

Trebor Rx’s CEO George Irwin stated, “A new level of safety and protection has been achieved by the approval of Trebor’s biocidal coated ZENGuard™ mask. Health Care facilities can now offer a better mask to fight against airborne pathogens. This is a game changer in the PPE space, and we look forward to reaching out to health care facilities with this new gold standard in mask protection.”

Trebor Rx Corp. is led by George Irwin and Brenda Elliott who are well-known from their long history with the Irwin Toy brand. At present, Trebor Rx is highly involved in disrupting the PPE industry and is raising the bar in setting a new standard of production for much needed PPE items such as face shields, masks and nitrile gloves. The firm is focused on producing items that deliver greater comfort at a more economical cost that creates less medical waste. The company has production facilities in Collingwood, Ont. And Edmonton, Alta. The company aims to be a valued innovative PPE supplier supporting the efforts of frontline healthcare and essential workers.

ZEN Graphene Solutions was described in the report as “a nanotechnology company developing and commercializing next-gen healthcare solutions in the areas of prevention, detection and treatment.” The firm is now concentrating its efforts on monetizing ZENGuardTM, which is a patent-pending coating that contains 99% antimicrobial activity. The ZENGuardTM coating offers protection against COVID-19 and shows potential for use in other compounds and pharmaceutical products for protection against other infectious diseases.

ZEN Graphene Solutions has a market cap of around US$419.0 million with approximately 89.9 million shares outstanding. ZENYF shares opened 3% higher today at $3.7953 (+$0.1107, +3.01%) over yesterday’s $3.6836 closing price and reached a new 52-week high price this afternoon of $4.2633. The stock has traded today between $378.87 and $4.2633 per share and is currently trading at $4.1941 (+$0.5099, +13.84%).

 

Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.

2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.

3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
6) This article does not constitute medical advice. Officers, employees and contributors to Streetwise Reports are not licensed medical professionals. Readers should always contact their healthcare professionals for medical advice.

Small Cap Leveling the E-Commerce Playing Field for Small Businesses, Expanding Into New Emerging Market Areas

Source: Streetwise Reports   09/23/2021

Logiq Inc. has been a champion of small and medium sized businesses, providing tools to help them compete in an e-commerce world dominated by large players. And now the company inked several large, potentially lucrative deals in emerging markets.

If you are a small- or medium-sized business, how do you get noticed online when megabrands control almost 70% of the U.S. e-commerce market? Small-cap Logiq Inc. (LGIQ:NEO; LGIQ:OTCQX) aims to level the playing field for small and medium-sized businesses by offering access to tools that previously were available only to large companies. And the company is branching out in lucrative niche markets in emerging economies such as Indonesia and Nigeria.

The company has been around since late 2014, with a product now called AppLogiq, a mobile app designed for micro to small businesses to get their offline business to an online format with zero technical expertise. “With no technical expertise, we could build your own mobile website, using a smartphone, and have it published within two hours,” Brent Suen, Logiq’s executive chairman and president, told Streetwise Reports. “Businesses can take online orders, do promotions, and use up to 70 different functions, from human resources to Quickbooks.”

“We … grew the business from 2014 until about 2019, so in five years we went as high as US$34 million in revenue.”

Logiq began in the mobile app space because “in emerging markets, up to 90% of the population has a smartphone, but only 10–20% have desktop or laptop computers,” Suen explained. “We used the subscription model and grew the business from 2014 until about 2019, so in five years we went as high as US$34 million in revenue.” With about 300,000 micro to small business users, AppLogiq contributes about 30% of revenue.

In 2019, the company looked at how to expand into more developed markets.

Suen noted that e-commerce only captures 20% of all retail sales, so there’s lots of room for growth of e-commerce, but within e-commerce itself, 53% of sales are controlled by only five companies, well-known names like Amazon, Walmart, eBay, Target. “That means that the other 1.6 million businesses that are online have to compete against some monster ad budgets. And the tools out there are only available to e-commerce companies that have a minimum of $10 million a month, which basically rules out everyone but the largest brands,” he said.

Logiq acquired a company called Push Interactive, based in Minneapolis, that helps find customers for existing online businesses, using lead generation, SEO, digital marketing, etc. “We didn’t depart from our core roots, essentially enabling micro to small businesses to get online, but we evolved into helping existing online businesses find new customers,” Suen noted.

Logiq’s DataLogiq business unit includes the acquisition of Push Interactive and two other acquisitions made in the past year.  “Whether it’s an ad agency that services small businesses, or the actual small business itself, they now have access to the same types of tools that an Amazon or an eBay or one of the large e-commerce retailers has, whereas before they were priced out of the market. We trying to help small business better compete, find better customers and be more relevant,” Suen said.

DataLogiq provides a platform that enables a business of any size with a minimum monthly budget of $10,000 to compete against the ad spend of the larger companies. “Our platform is literally the same as TradeDesk, which makes money by charging between 35% and 45% of the ad spend,” Suen explained. “We make money by showing the actual price that we bought the ad for the client and we mark it up by 15%. So not only do we have full transparency, our customers get better pricing.” DataLogiq contributes 70% of Logiq’s revenue. Initially focused on the North American and European market, Logiq recently expanded Logiq Digital Marketing to the Asia Pacific region.

No stranger to emerging markets, Logiq is now expanding beyond its initial mobile app, and recently signed deals in Indonesia and Nigeria. “We view Indonesia has a huge opportunity; with a population of 270 million people, smartphone penetration is 90%, and a large percentage of the businesses are micro or small,” Suen said.

“We have branched out to areas that others are not going after,” he explained. The first is microlending; Logiq is working with Indonesia’s Social Security Administration, which has 52 million members, and expects to begin a pilot project soon with its 6,000 employees, working in partnership with a bank or financial institution in Indonesia to loan small amounts. “It represents low risk because the Social Security Administration already administers payroll benefits, pension savings and insurance. It’s a captive market on one hand; it’s a high barrier to entry because we’ve been chosen as the sole source provider, and so it’s a huge opportunity. The lending rates are attractive and the risk is relatively low,” Suen said.

“We figure that at a 2% penetration rate, the contract could be worth $2 or $3 million in additional revenue per year.”

The banks will charge 16% interest and Logiq will share in part of that. “Even more attractive is access to the data,” Suen said. “Once we have the consumer data, we can target those consumers for other products and services.” The company expects everything to be fully operating at scale by this time next year.

“We figure that at a 2% penetration rate, the contract could be worth $2 or $3 million in additional revenue per year, and that does not include the value of the data. It’s about 80% gross profit margin, so it’s very attractive. Plus it scales nicely and could very well eclipse our entire revenue run rate right now,” Suen said.

Logiq’s second opportunity in Indonesia is psychological testing that is required to receive a driver’s license. In the past, one would have to go into a police station and take a written and oral test, but that changed with COVID. The sole source provider in Indonesia is a company named Mentalku, which is Logiq’s partner with the Social Security Administration. “As we started moving forward with Mentalku, they asked about creating a completely app-based test that people could take through their phone and pay through their phone. That was the nexus of us partnering with them to do these psychological tests. There’s an e-commerce functionality to it: customers can order over-the-counter or prescription pharmaceuticals, wellness products, make epayments using the other functions of the app,” Suen explained. The app launces on September 28.

In Nigeria, Logiq has made a preliminary agreement with Novaji Introserve, “a value-added IT and financial services company based in Lagos, to provide home delivery and mobile financial services to millions of unbanked and underbanked people in Nigeria.” Joining with Novaji “marks our first foray into emerging markets outside of Indonesia,” stated Suen. “Nigeria, with a population of 212 million, is one of the most populous countries in the world, yet most people don’t have bank accounts. This creates a major opportunity for our mobile commerce and fintech platforms that have been especially designed for emerging markets. These field-proven solutions can provide much-needed financial services to tens of millions across the region.”

“I think we’re quite undervalued where we are now.”

Logiq has approximately 23 million shares outstanding and 26 million fully diluted. It trades on Canada’s NEO exchange under the ticker LGIQ, and in the U.S. on the OTCQX as LGIQ. Logiq is moving ahead to uplist to the New York Stock Exchange.

We asked Suen why should an investor be interested in Logiq. He noted that the average company in its peer space is trading 23 times revenue, while Logiq is trading currently a little bit below two times revenue. “I think we’re quite undervalued where we are now. And from an investor perspective, that certainly minimizes risk and maximizes upside,” he concluded.

 

Disclosure:
1) Patrice Fusillo compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She owns, or members of her immediate household or family own, securities of the following companies mentioned in this article: None. She is, or members of her immediate household or family are, paid by the following companies mentioned in this article: None.

2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.  As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Logiq Inc. Please click here for more information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

3) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

4) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Logiq Inc., a company mentioned in this article.

 

COT Stock Market Charts: VIX, E-Mini Futures, Dow, Nasdaq, SP500 & Russell-2000

By InvestMacro.com COT Home | Data Tables | Data Downloads | Newsletter

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).

The latest COT data is updated through Tuesday September 21st 2021 and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets.


Data Snapshot of Stock Market Traders | Columns Legend
Sep-21-2021OIOI-IndexSpec-NetSpec-IndexCom-NetCOM-IndexSmalls-NetSmalls-Index
S&P500-Mini2,453,181249,81562-106,9524757,13738
Nikkei 22522,57716-6,693315,627721,06640
Nasdaq-Mini222,302269,42280-9,16021-26243
DowJones-Mini95,88464-16,801149,889766,91275
VIX323,31634-61,9276067,58641-5,65935
Nikkei 225 Yen51,3683111,427529,26271-20,68938

VIX Volatility Futures:

Federal Funds 30-Day Bonds Futures COT ChartThe VIX Volatility large speculator standing this week reached a net position of -61,927 contracts in the data reported through Tuesday. This was a weekly gain of 21,763 contracts from the previous week which had a total of -83,690 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 59.6 percent. The commercials are Bearish with a score of 41.3 percent and the small traders (not shown in chart) are Bearish with a score of 34.9 percent.

VIX Volatility Futures Statistics SPECULATORS COMMERCIALS SMALL TRADERS
– Percent of Open Interest Longs: 21.7 49.8 6.9
– Percent of Open Interest Shorts: 40.9 28.9 8.6
– Net Position: -61,927 67,586 -5,659
– Gross Longs: 70,256 160,872 22,204
– Gross Shorts: 132,183 93,286 27,863
– Long to Short Ratio: 0.5 to 1 1.7 to 1 0.8 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct): 59.6 41.3 34.9
– COT Index Reading (3 Year Range): Bullish Bearish Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index: 4.7 -4.7 2.2

 


S&P500 Mini Futures:

2-Year Treasury Bonds Futures COT ChartThe S&P500 Mini large speculator standing this week reached a net position of 49,815 contracts in the data reported through Tuesday. This was a weekly rise of 85,657 contracts from the previous week which had a total of -35,842 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish with a score of 62.4 percent. The commercials are Bearish with a score of 46.7 percent and the small traders (not shown in chart) are Bearish with a score of 38.4 percent.

S&P500 Mini Futures Statistics SPECULATORS COMMERCIALS SMALL TRADERS
– Percent of Open Interest Longs: 15.3 70.8 11.6
– Percent of Open Interest Shorts: 13.3 75.2 9.2
– Net Position: 49,815 -106,952 57,137
– Gross Longs: 375,136 1,737,893 283,735
– Gross Shorts: 325,321 1,844,845 226,598
– Long to Short Ratio: 1.2 to 1 0.9 to 1 1.3 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct): 62.4 46.7 38.4
– COT Index Reading (3 Year Range): Bullish Bearish Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index: 4.7 -1.2 -4.2

 


Dow Jones Mini Futures:

5-Year Treasury Bonds Futures COT ChartThe Dow Jones Mini large speculator standing this week reached a net position of -16,801 contracts in the data reported through Tuesday. This was a weekly decline of -4,900 contracts from the previous week which had a total of -11,901 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 14.3 percent. The commercials are Bullish with a score of 76.4 percent and the small traders (not shown in chart) are Bullish with a score of 75.4 percent.

Dow Jones Mini Futures Statistics SPECULATORS COMMERCIALS SMALL TRADERS
– Percent of Open Interest Longs: 25.8 53.1 18.9
– Percent of Open Interest Shorts: 43.4 42.8 11.7
– Net Position: -16,801 9,889 6,912
– Gross Longs: 24,785 50,954 18,099
– Gross Shorts: 41,586 41,065 11,187
– Long to Short Ratio: 0.6 to 1 1.2 to 1 1.6 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct): 14.3 76.4 75.4
– COT Index Reading (3 Year Range): Bearish-Extreme Bullish Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index: -23.6 19.7 13.3

 


Nasdaq Mini Futures:

10-Year Treasury Notes Bonds Futures COT ChartThe Nasdaq Mini large speculator standing this week reached a net position of 9,422 contracts in the data reported through Tuesday. This was a weekly reduction of -140 contracts from the previous week which had a total of 9,562 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bullish-Extreme with a score of 80.3 percent. The commercials are Bearish with a score of 20.9 percent and the small traders (not shown in chart) are Bearish with a score of 43.4 percent.

Nasdaq Mini Futures Statistics SPECULATORS COMMERCIALS SMALL TRADERS
– Percent of Open Interest Longs: 31.4 50.1 16.7
– Percent of Open Interest Shorts: 27.2 54.3 16.8
– Net Position: 9,422 -9,160 -262
– Gross Longs: 69,901 111,483 37,136
– Gross Shorts: 60,479 120,643 37,398
– Long to Short Ratio: 1.2 to 1 0.9 to 1 1.0 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct): 80.3 20.9 43.4
– COT Index Reading (3 Year Range): Bullish-Extreme Bearish Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index: 12.7 -21.5 27.3

 


Russell 2000 Mini Futures:

Ultra 10-Year Treasury Notes Bonds Futures COT ChartThe Russell 2000 Mini large speculator standing this week reached a net position of -66,601 contracts in the data reported through Tuesday. This was a weekly lowering of -3,620 contracts from the previous week which had a total of -62,981 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish-Extreme with a score of 15.1 percent. The commercials are Bullish-Extreme with a score of 82.9 percent and the small traders (not shown in chart) are Bullish with a score of 53.0 percent.

Russell 2000 Mini Futures Statistics SPECULATORS COMMERCIALS SMALL TRADERS
– Percent of Open Interest Longs: 10.8 81.9 6.5
– Percent of Open Interest Shorts: 26.2 68.1 4.9
– Net Position: -66,601 59,539 7,062
– Gross Longs: 46,679 353,611 28,247
– Gross Shorts: 113,280 294,072 21,185
– Long to Short Ratio: 0.4 to 1 1.2 to 1 1.3 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct): 15.1 82.9 53.0
– COT Index Reading (3 Year Range): Bearish-Extreme Bullish-Extreme Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index: -6.2 4.6 5.5

 


Nikkei Stock Average (USD) Futures:

US Year Treasury Notes Long Bonds Futures COT ChartThe Nikkei Stock Average (USD) large speculator standing this week reached a net position of -6,693 contracts in the data reported through Tuesday. This was a weekly boost of 2,708 contracts from the previous week which had a total of -9,401 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 31.5 percent. The commercials are Bullish with a score of 72.2 percent and the small traders (not shown in chart) are Bearish with a score of 40.5 percent.

Nikkei Stock Average Futures Statistics SPECULATORS COMMERCIALS SMALL TRADERS
– Percent of Open Interest Longs: 11.7 70.3 18.0
– Percent of Open Interest Shorts: 41.3 45.4 13.3
– Net Position: -6,693 5,627 1,066
– Gross Longs: 2,634 15,870 4,069
– Gross Shorts: 9,327 10,243 3,003
– Long to Short Ratio: 0.3 to 1 1.5 to 1 1.4 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct): 31.5 72.2 40.5
– COT Index Reading (3 Year Range): Bearish Bullish Bearish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index: -3.2 -6.5 37.6

 


MSCI EAFE Mini Futures:

Ultra US Year Treasury Notes Long Bonds Futures COT ChartThe MSCI EAFE Mini large speculator standing this week reached a net position of 23,448 contracts in the data reported through Tuesday. This was a weekly reduction of -4,163 contracts from the previous week which had a total of 27,611 net contracts.

This week’s current strength score (the trader positioning range over the past three years, measured from 0 to 100) shows the speculators are currently Bearish with a score of 44.3 percent. The commercials are Bearish with a score of 49.7 percent and the small traders (not shown in chart) are Bullish with a score of 64.8 percent.

MSCI EAFE Mini Futures Statistics SPECULATORS COMMERCIALS SMALL TRADERS
– Percent of Open Interest Longs: 8.0 89.0 2.6
– Percent of Open Interest Shorts: 2.0 96.4 1.2
– Net Position: 23,448 -28,840 5,392
– Gross Longs: 31,361 346,924 10,057
– Gross Shorts: 7,913 375,764 4,665
– Long to Short Ratio: 4.0 to 1 0.9 to 1 2.2 to 1
NET POSITION TREND:
– COT Index Score (3 Year Range Pct): 44.3 49.7 64.8
– COT Index Reading (3 Year Range): Bearish Bearish Bullish
NET POSITION MOVEMENT INDEX:
– 6-Week Change in Strength Index: -7.8 6.0 10.0

 


Article By InvestMacro.comReceive our weekly COT Reports by Email

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Here’s a Unique Way to Spot Worthy Investment or Trading Ideas

“Short term elliotticity helps us recognize markets that have recently traced out clear Elliott waves”

By Elliott Wave International

This one-of-a-kind way to spot investment ideas is called “elliotticity.” The impartial arbiter of elliotticity is our proprietary computer program called EWAVES, Elliott Wave Analysis & Validation Expert System.

Elliott Wave International has been perfecting EWAVES for years; it already powers EWI’s Flash Services recommendations. And now, it can quantify the exact percentage by which a market adheres to the Elliott wave model by giving it an elliotticity score.

Our recent monthly Elliott Wave Theorist provided more insights:

Total elliotticity takes into account the entire history of a market. Markets with the highest total elliotticity conform best to the Elliott wave model at all degrees of scale. Short term elliotticity helps us recognize markets that have recently traced out clear Elliott waves and thus are good candidates for near term forecasting. …

Elliotticity is designed for practical use. We use a percentage scale of 1-100.

Currencies and commodities adhere well to the model, so both are high-elliotticity asset classes. Regarding stocks, high-volume and high market-capitalization stocks tend to have a higher adherence versus thinly traded issues — because Elliott waves track herding (or crowd) behavior, and generally speaking, the bigger the market cap of a stock, the bigger the crowd.

Here’s another quote from our recent Elliott Wave Theorist:

Trend following indicators are quantitative by nature, completely dependent upon pre-chosen numerical indicator settings. But the market’s trends do not adhere to quantitative norms. …

The most important advantage of EWAVES is that it is qualitative. It can identify the market’s patterns regardless of their quantitative duration, price change, speed, volatility or any other such aspects.

Like all market forecasting, EWAVES operates on probabilities, not certainties. Yet, EWAVES does offer investment ideas worth your attention — analyzing several hundred investment vehicles each day and ranking them to find the best wave counts.

Where can you see them?

You’ll find the investment vehicles sporting the highest elliotticity right now in our monthly Global Market Perspective in the section titled “EWAVES,” which includes the “EWAVES Chart Gallery.” In case you’re unfamiliar with the Global Market Perspective, it’s an Elliott Wave International publication which provides Elliott wave analysis for 50+ worldwide financial markets.

If you’d like to brush up on your knowledge of Elliott wave analysis, or are brand new to the subject, you are encouraged to read the Wall Street classic book by Frost & Prechter, Elliott Wave Principle: Key to Market Behavior. Here’s a quote from the book:

Always invest with the preferred wave count. Not infrequently, the two or even three best counts comfortably dictate the same investment stance. Sometimes being continuously sensitive to alternatives can allow you to make money even when your preferred count is in error. For instance, after a minor low that you erroneously consider of major importance, you may recognize at a higher level that the market is vulnerable again to new lows. This recognition occurs after a clear-cut three-wave rally follows the minor low rather than the necessary five, since a three-wave rally is the sign of an upward correction. Thus, what happens after the turning point often helps confirm or refute the assumed status of the low or high, well in advance of danger.

Even if the market allows no such graceful change of opinion, the Wave Principle still offers exceptional value. Most other approaches to market analysis, whether fundamental, technical or cyclical, have no good way of forcing a reversal of opinion or position if you are wrong. The Wave Principle, in contrast, provides a built-in objective method for placing a stop. Since wave analysis is based upon price patterns, a pattern identified as having been completed is either over or it isn’t. If the market changes direction, the analyst has caught the turn. If the market moves beyond what the apparently completed pattern allows, the conclusion is wrong, and any funds at risk can be reclaimed immediately.

Here’s the good news: You can access the online version of Elliott Wave Principle: Key to Market Behaviorfor free when you become a Club EWI member.

Club EWI is the world’s largest Elliott wave educational community and is free to join — PLUS, members enjoy free access to a wealth of Elliott wave resources on investing and trading without any obligation.

Just follow this link: Elliott Wave Principle: Key to Market Behavior — free and unlimited access.

This article was syndicated by Elliott Wave International and was originally published under the headline Here’s a Unique Way to Spot Worthy Investment or Trading Ideas. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.