Author Archives: BJay

Understanding the Ending Diagonal Pattern in Elliott Wave Theory

Gold - Ending Diagonal

Reading Time: 2 minutesThe Elliott Wave Theory is a powerful tool for traders and investors, offering insights into market psychology and price movements. One of the most intriguing patterns within this theory is the Ending Diagonal Pattern. For those trading or analyzing markets on platforms like Brashmeans.org, understanding this pattern can be a game-changer. In this blog, we’ll[More…]

Types of Elliott Wave Triangles

Contractig Triangle

Reading Time: 2 minutesUnderstanding Elliott Wave Triangles: A Guide for Traders What Are Elliott Wave Triangles? Elliott Wave triangles are corrective wave patterns that typically appear in wave four of an impulsive wave sequence or as part of wave B in an A-B-C corrective structure. These formations indicate a temporary pause in the market before the trend resumes[More…]

EV-Charging Stocks Post Solid Sales Growth. It Has Little to Do With Tesla.

EVgo

Reading Time: < 1 minuteSecond-quarter results from two electric vehicle charging companies show that EV-related businesses are growing strongly. And the growth isn’t coming from Tesla. Solid sales growth from EVgo and Wallbox is nice to see, especially when the pace of EV sales in the U.S. has slowed. Americans bought about 1.2 million all-electric vehicles in 2023, up[More…]

$816 Billion In Returns Expected This Year, Retail Group Reports

$816 Billion In Returns Expected This Year, Retail Group Reports

Reading Time: 2 minutesThe National Retail Federation expects that while the dollar amount of returned goods will grow, the … [+] return rate will hold steady at $16.5%. getty Despite predictions of a surge in returns this holiday season, the National Retail Federation expects the overall rate of returns for the full year to remain the same as

60% of Americans are still living paycheck to paycheck as inflation hits workers’ wages

60% of Americans are still living paycheck to paycheck as inflation hits workers’ wages

Reading Time: 2 minutesAfter a prolonged period of high inflation and higher interest rates, Americans are just getting by. As of August, 60% of adults said they are living paycheck to paycheck, according to a new LendingClub report, unchanged from last year. Recent data is painting a mixed picture of where the economy stands. Inflation has shown some signs of cooling but the

Credit card debt has reached a record high. Here’s what it means for the economy.

Credit card debt has reached a record high. Here’s what it means for the economy.

Reading Time: 3 minutesCredit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and leaving a growing share of borrowers late on payments, a Federal Reserve report this week showed. The report demonstrates the dwindling savings held by some consumers who amassed a financial buffer during the

Don’t Miss the Boom: 3 Short-Squeeze Stocks Set to Explode Higher

Don’t Miss the Boom: 3 Short-Squeeze Stocks Set to Explode Higher

Reading Time: 3 minutesInvestor emotions and sentiments drive markets, and sometimes reactions can be extreme. There can be phases of euphoria where valuations defy logic. Similarly, in a bear market, the downside translates into a deep valuation gap. The best way to make quick money is to use these extremes to initiate short and long positions. A strategy

Costco is selling gold bars and they are selling out within a few hours

Costco is selling gold bars and they are selling out within a few hours

Reading Time: 2 minutesCostco is well-known as a place to get bargain prices on any variety of items, from food to luggage to appliances to gold bars.Wait, gold bars?Yes, the retail warehousing giant is your one-stop shop for 1 ounce gold PAMP Suisse Lady Fortuna Veriscan bars, handsomely detailed and ready for purchase.They’re available for the bargain price

How Much Income Puts You in the Top 1%, 5%, 10%?

How Much Income Puts You in the Top 1%, 5%, 10%?

Reading Time: 3 minutesWhen you read all those stories about the 1%—or even the top 5% or 10%—it may raise the question: How much money do you need to pull in to be in one of those groups? You’ll need at least six figures to count yourself among the nation’s top earners. Key Takeaways You’ll need to pull in

Stock Market Crash Alert: The National Debt Just Hit $33 Trillion

Stock Market Crash Alert: The National Debt Just Hit $33 Trillion

Reading Time: 3 minutesSource: Deacons docs / Shutterstock.com The U.S. national debt just reached $33 trillion for the first time, heightening concerns about America’s fiscal health amid signs that the economy is slowing and with a government-wide shutdown looming on the horizon. According to projections by the U.S. Treasury Department, the national debt in the U.S. is on