 | Look at These 2 Big Warning Signs for the U.S. Economy. Interestingly, this economic measure’s “retracement of the decline from February is a Fibonacci 61%”. The 7.4% GDP growth in Q3 notwithstanding, the evidence shows that the U.S. economy remains fragile. Let’s start off with this chart and commentary from the November Elliott Wave Financial READ MORE |
Month: November 2020
Borrowed Money, Borrowed Time?
 | Margin: How Stock Market Investors Are “Reaching for the Stars” This is the highest ratio in the 20-year history of the data. 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 READ MORE |
Is it Covid that Drives Stocks?
 | Do These Explanations Make Sense for This Intraday Stock Market Turn? The market “is not propelled by … external causality” 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 last hour READ MORE |