One silver lining of the global pandemic is that many of us are taking time to learn something new — or to sharpen our skills. Our friends at Elliott Wave International decided early on that they wanted...
By Elliott Wave International You’ve probably heard the phrase, “leading economic indicators.” In the U.S., they refer to a core set of data points, including the Consumer Price Index, the Producer Price Index, employment, manufacturing activity, housing...
By Elliott Wave International Let’s pretend for a second we’re trying to explain to an alien how the weather works on planet Earth. When the sky turns dark and cloudy, we might tell him, this indicates rain...
By Elliott Wave International Let’s start off with an August 26 quote from Marketwatch: [F]rothy financial markets … currently are discounting the nirvana of an uninterrupted V-shaped recovery. … Of course, that statement means that the reason...
By Elliott Wave International It’s now been five-plus months into the global shutdown. By now, many people have tossed in the towel on some of their more lofty quarantine goals — such as, training for a marathon...
By Elliott Wave International Yes, stocks have been in rally mode. Even so, a group of multimillionaires appears to be shifting from an optimistic mindset to one of pessimism about the financial future. Their solution is hard,...
By Elliott Wave International Sometimes you have to dig a little deeper than the headline to find out what really happened. You know, like what’s suggested by the television title “True Hollywood Story,” or the BBC’s “Real...
By Elliott Wave International Elliott Wave International’s analysts have posited that the next big global monetary event will be deflation, not inflation. The writer of an August 18 Telegraph article also sees “powerful deflationary winds.” Here’s an...
By Elliott Wave International Elliott Wave International’s analysts have long noted that periods of low stock market volatility are almost always followed by periods of high volatility. Granted, periods of low volatility can stretch for a while,...
By Elliott Wave International Fibonacci numbers follow a sequence that begins with 0 and 1, and each subsequent number is the sum of the previous two (0, 1, 1, 2, 3, 5, 8, 13, 21, 34, and...