Like most investors right now, you may be feeling anxious. With the NASDAQ already in a bear market, now Bitcoin has hit an “air pocket” of its own and fallen below $30,000. How does it all fit...
By Elliott Wave International A tug-of-war between bullish and bearish forces appears to be playing out in the U.S. housing market. On the one hand, some areas of the country are still experiencing record-high home prices as...
By Elliott Wave International It’s been a rocky road for the Dow and the S&P 500 index since the start of the year. And, even longer for the NASDAQ, which topped back in November. Indeed, speaking of...
By Elliott Wave International Charlie Munger is Berkshire Hathaway’s co-chairman, and on April 30 at the firm’s shareholder meeting, he said: [Bitcoin] is stupid because it’s very likely to go to zero. Berkshire Hathaway chairman Warren Buffet...
By Elliott Wave International When I was growing up, my father owned and operated a furniture manufacturing company. Its products stocked the shelves of several well-known retail stores across the country, including Walmart. On the cover of...
By Elliott Wave International Back in mid-2020, a common sentiment toward interest rates was that they would stay historically low for the foreseeable future. Indeed, in July of that year, no less than the Bank of Canada...
By Elliott Wave International Is a bear market already underway in the U.S.? Only time will tell for sure. What is known is that the Dow Industrials and S&P 500 index topped in January and the NASDAQ registered a peak back...
You might agree that so far, not much about this year has been “normal.” Normally, commodity prices don’t leap to the moon Stocks don’t sell off this hard in April And European countries don’t engage in brutal...
By Elliott Wave International Intraday on April 27, the S&P 500 is trading 12.10% lower than it was at the start of the year. Right — not a huge setback — but negative nonetheless. Of course, it’s...
By Elliott Wave International Financial journalists almost always mention “reasons” for a given day’s market action. For example, on April 22, an intraday Marketwatch headline gave two reasons for that day’s plummeting prices: Why is the stock...
