By Elliott Wave International Recession coming or not, people are still EXTREMELY bullish. Read this excerpt from the May 17, 2024 Elliott Wave Theorist: Record Sentiment Readings for Stocks Investors are enamored with stocks that pay little or...
By Elliott Wave International A lot of people think that it’s perfectly normal to participate in the stock market — you know, like getting a drink of water or — breathing. We here at Elliott Wave International...
While the mainstream is hyper-focused on the Fed, Elliott wavers know: It’s not the Fed that’s in the driver’s seat. Investor psychology is what’s in charge. Just as it’s always been. With that in mind, our friends...
By Elliott Wave International Stock market investors naturally want to know the closing numbers for the main stock indexes at the end of each trading day. Yet, it’s also good to dig deeper. Let me show you...
The World Indices rally since the low at 10.2022. Many are already trading into new highs above the 2022 peak. The idea can be seen as bullish, and our expected wave III of (3) might have started....
By Elliott Wave International Although it doesn’t feel like it sometimes, the U.S. stock market has been in a downtrend since January 2022. The reason it doesn’t feel like it is because the S&P 500 has been...
By Elliott Wave International Here’s a Wall Street Journal headline from a couple of months ago that some people may have scanned without much contemplation (Jan. 11): VIX, Wall Street’s Fear Gauge, Extends Longest Lull Since 2021...
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 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...
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...