By Elliott Wave International Investors who use Elliott wave analysis know that the main price trend of a financial market subdivides into five waves. Also know that wave 1 and wave 5 are often approximately equal in...
By Elliott Wave International As I write on the morning of Friday, Nov. 18, crude oil is on track for its second weekly decline. The financial media usually finds “reasons” for a market’s price action that are...
My aunt is an art dealer. She just texted me that she had a banner year in 2022. My cousin, on the other hand, got his head handed to him in cryptos. What was the difference? LOL,...
Well, it happened again: Here in the U.S., election pollsters have egg on their face. In the midterm elections, a “red wave” — Republicans winning by a landslide — didn’t come ashore. What we got instead was...
By Elliott Wave International Robert Prechter’s Last Chance to Conquer the Crash discusses the psychological aspect of a deflation: When the trend of social mood changes from optimism to pessimism, creditors, debtors, investors, producers and consumers all change their...
You’re invited to a free forex webinar! Now that the British pound has almost hit parity with the U.S. dollar, forex traders everywhere are wondering what’s next. Our friends at Elliott Wave International are hosting a live...
By Elliott Wave International Everyone who drives a car is relieved that gas prices have dropped from what they were a little while back. However, if one major Wall Street firm is correct, get ready for higher...
By Elliott Wave International The market for U.S. Treasuries is the biggest bond market in the world, and it appears that potentially big trouble may be afoot. Earlier this month, none other than the U.S. Treasury Secretary...
By Elliott Wave International Back in October 2021, two months before Germany’s DAX hit an all-time high, our Global Market Perspective showed a big jump in references to “Lehman” in Bloomberg News. Of course, the use of “Lehman” in...
By Elliott Wave International A widely accepted measure of a bear market is a drop of 20% or more in a major index from an all-time high. By that measure, both the S&P 500 index and the...