By Elliott Wave International The stock market selloff from March into the May low was comprised of eight straight weeks of decline in the Dow Industrials. This was historic. The Dow Industrials have been around for 126...
By Elliott Wave International Do you recall how many government officials, economists or bankers anticipated the severity of the “Great Recession” before late 2007 into 2009? Do you recall even one? If a name doesn’t come to mind, that’s because hardly...
By Elliott Wave International Big daily selloffs have occurred since the stock market’s downtrend began in January. For instance, on May 18, the Dow Industrials closed lower by 1,161 points — a 3.6% drop. The S&P 500...
By Elliott Wave International Stock market observers are trying to “make sense” of the wild price moves, which have mainly been to the downside. As a May 12 CNBC headline says: Traders search for answers as relentless...
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...
