If you’ve been following the cryptocurrency headlines lately, then you know Bitcoin is now within striking distance of taking out it’s all-time high from 3 years ago. But going back to early 2020, specifically mid-March, the possibility...
By Elliott Wave International It’s useful to know who is doing what in particular financial markets. You’ll find out why as we proceed, however, let’s first start off with some basic background information. The Commodity Futures Trading Commission follows the activity of three...
By Elliott Wave International One of the historic ways that stock market investors exhibit conviction about the direction of prices is to use leverage or participate in the market with borrowed money. Yet another way of putting...
By Elliott Wave International First, before we explore a key insight into Elliott waves and technical chart patterns, expect to see a growing number of comments about technical analysis in the financial press. That is, if a...
By Elliott Wave International On Oct. 19, the DJIA had been trading higher for much of the morning, but by the last hour of trading, the index was more than 400 points in the red. During that...
By Elliott Wave International Many investors and financial journalists believe that corporate earnings play a large role in driving stock market prices. Here’s just a couple of headlines from Oct. 13: Stocks open mixed on first day...
By Elliott Wave International There’s a widespread belief that rising interest rates are bad for stocks and a lower interest rate trend is good for stocks. The reasoning behind that belief is that bonds compete with stocks...
By Elliott Wave International You may recall investor optimism that attended gold’s then record high of $1921.50 in September 2011. A Gallup poll from that time period captured the prevailing sentiment. The Sept. 2, 2011 Elliott Wave...
By Elliott Wave International One positive development to come out of the 2020 pandemic is a widespread desire for financial independence. It’s led everyone from retirees to Generation Z’s to consider stock trading as a “cushion” against...
By Elliott Wave International As you probably know, a “divergence” occurs when one financial market behaves differently from a related financial market. Such occurrences often portend trend changes, albeit, divergences may stretch out for months before a...