Facebook (FB) reached $155 target: What’s next?

Last week I showed that Facebook (FB) would reach around $155 and start correcting from there: see here. On Friday it reached $155.54 and dropped 5.8% intra-day, to end the day down 3.28%. It’s largest intra-day drop since November 2016. To illustrate: if you’d bought FB late-April your gains would effectively be $0… So much…

FB update: close to a significant top?

Like the rest of the market and many other stocks, Facebook (FB) has been on a tear over the past months. But, nothing goes up (or down) for ever. Using Elliott Wave we can determine with often great accuracy where a stock is: is there still upside left or not? What we find is that…

Starbucks (SBUX): Should you buy the upcoming correction?

One of the nation’s favorite coffee brewer’s stock, SBUX, has been on a tear lately rallying almost 18% off it’s low made in early November of this year. However, all good things come to an end and also for SBUX we see a larger correction coming, which we believe should be bought. Why? For those…

The road to successful, low stress trading.

First we need to acknowledge that everybody is different and everybody will have a different trading style and different time frames in mind. Some only trade options, others only commodities, whereas you may prefer tech stocks. Bottom line is; as long as you are successful, i.e. make consistent profits, it doesn’t matter what and how…

Celebrating our 100th Member: you!?

Intelligent Investing has now 99 members and continues to grow. We would like to get to 100 members and of course many more. Will that 100th member be you!? We therefore have a special 100th member offer: First month for 100 cents only. 1 month trial for $1.00* What do you get when you become a member!?…

Goldminers ready for another leg down?

Are the goldminers (GDX) ready for another leg down? The daily candlestick chart below is rather busy, so let us explain what we can objectively analyse step by step . From the low made in February to the high made in August we label that advance as 3-waves: red abc to black a. Since then, price…

Is AMZN toast?

AMZN missed on earnings yesterday and fell out of bed today. Not a problem for us as we already sold 3 days ago! 🙂 Why? Because we already projected these price targets weeks ago to our members! Just like we did with AAPL this week: no real surprise here. That’s the power of what we…