The Psychology of Elliott Waves

“The Wave Principle” is Ralph Nelson Elliott’s discovery that social, or crowd, behavior trends and reverses in recognizable patterns. Elliott isolated patterns of directional movement, called waves, that recur in markets. These waves reflect mass psychological states. The two charts below summarize some of their characteristics. 12 Days, 12 Gifts to Help You Apply Elliott READ MORE

Using the Elliott Wave Principle

Five Benefits of Using the Elliott Wave Principle to Make Decisions While everyone searches for the Holy Grail of forecasting, which does not exist, there is one method of analysis that stands apart from the slew of momentum-based indicators, all of which by definition lag the market. The Elliott Wave Principle is based on the READ MORE

How to Read a Price Chart

Want to Learn How to “Read” a Price Chart? Start Here. See how Elliott wave patterns “subsume” other technical analysis chart patterns Some investors who are fans of technical analysis may not realize that another way to look at many classic chart patterns — for example, Head and Shoulders — is to describe them in READ MORE

Place Your Bets

Are You a “Betting Man”? Then Take a Look — and Make Your Bet. I have spent much of my career among professional traders. By nature, traders are a betting crowd; if they can’t bet on the markets, they’ll bet on something else. A monthly highlight on trading floors was always the ‘NFP Sweepstake,’ where READ MORE

Key Price Pattern

FX, Stocks, Commodities, Cryptos… Learn How to Know When This Key Price Pattern is Over (Video) By Elliott Wave International “12345-ABC.” That’s a basic Elliott wave pattern in a nutshell. That “12345” is a so-called impulse, and it’s a key price pattern to know, because impulses point in the direction of the larger trend. In READ MORE

New York Art Auctions Send a Hint

What New York City’s Art Auctions Tell You About the Stock Market — and Social Mood The fall and spring auctions in New York City are the art market’s bellwether sales events. And according to The New York Times, the results from the City’s spring art auction season “tell a story of a masterpiece market READ MORE

Record Extreme in Stocks

Stocks: What This “Record Extreme” May Be Signaling “The total easily exceeds the prior net long extreme” When most everyone agrees on the future trend of a market, it’s almost guaranteed that the market will go in the other direction — sooner rather than later. The reason why is that there is no one left READ MORE

Report on Commodities

As Geopolitical Fires Obscure Commodities’ Path, This FREE Report Illuminates It! Crisis, crisis everywhere. But objective, free from the noise of the news, forecasting of commodity prices starts here, with our free Special Report ($155 value). The geopolitical landscape is wracked. War in Ukraine, humanitarian crisis in Syria, and now, what Vox Media on October READ MORE

Mom and Pop Rushes in

Investing: What You Can Learn from Mom and Pop “The highest commitment to stocks since the record levels of early 2000” We all love Mom and Pop and cherish the valuable lessons about life they’ve given us along the way. Yet, when it comes to investing, Mom and Pop may need to learn some lessons READ MORE

Bear Market Leader

“Bear Market Leader”? Here’s a Prime Candidate This stock market sector has failed to recover since the Dow’s Q1 correction As you may know, in every bull or bear market, some stocks or sector lead while others follow. So, the “leadership” in the stock market works both ways — in uptrends and down. The rally READ MORE

Seasonal Tendencies

Stocks: Keep This in Mind About Seasonal Tendencies “In 1987 and 2000, the month of August presented a great chance to sell stocks” Many investors know that some time periods of the year tend to be more bullish for stocks, like the holiday season. Other times tend to be more bearish, like September and October. READ MORE

Insiders Selling

Pay Attention to This Group of Investors (They Know More) The stock market actions of corporate insiders is revealing It stands to reason that executives of a corporation know more about the goings-on of their business than outsiders. So, it’s wise to pay attention to their stock market actions regarding their own shares. Yes, the READ MORE

Platinum Selloff

Platinum’s May-June Selloff: When the “Fundamental” Chips Fall In May, a “record supply deficit” should’ve sent platinum prices soaring. So much for the best laid “fundamental” plans. If I had a nickel for every time someone asked me what value “fundamentals” serve in navigating financial markets, well… let’s just say I could’ve retired to the READ MORE

How Major Financial Trends End

Robert Prechter Interview for the Ages: Quick Takes on Big Financial Trends ‘That’s not even the craziest indicator on this chart. Look at the bottom graph.’ Robert Prechter’s June 23 interview with GoldSeek.com, which is under 15 minutes, covers a variety of financial topics. They include stocks with an emphasis on the technology sector (including READ MORE