Trade Deficit Myth

This Widely Held Belief About the Trade Deficit Is Wrong Every day, forecasters make predictions based on the same old tools: economic fundamentals, valuation models, polls and so on. And every day, many of those predictions miss—sometimes spectacularly. The point isn’t that traditional analysts aren’t well-educated; it’s that just MAYBE what they learned is wrong. READ MORE

Record Pile up in Stocks?

46% of U.S. Household Assets Are Now in Stocks America has never been more invested in the stock market. This new, FREE report from our friends at Elliott Wave International, “When Everyone Became an Investor,” examines just how widespread today’s market enthusiasm has become — from government-sponsored investing and Gen-Z risk-taking to household stock exposure READ MORE

Elliott Wave Count Exercise

Elliott Wave Counting Exercise: Start Simple and Adjust Along the Way A good Elliott wave count isn’t necessarily the one you come up with first. As price develops, the structure can provide new information — and your interpretation needs to account for it. That’s what makes this new lesson interesting. Elliott Wave Counting Exercise: Start READ MORE

Nasdaq Expanding Triangle Spotted

Spotting the Nasdaq 100 Top Before a 12% Decline On June 3, the Nasdaq 100 was at a record high. But Robert Kelley, editor of Elliott Wave International’s U.S. Intraday Stocks Pro Service, saw reason to be cautious. The index was tracing out an expanding ending diagonal — an uncommon Elliott wave pattern that can READ MORE

Free Report to be Successful

What Every Trader Really Needs to be Successful: A Method In 1984, Elliott Wave International Founder Robert Prechter won the United States Trading Championship with a then-record 444% return. After Bob won, many subscribers asked for a list of tips, or even a breakdown of his trades, to try and replicate his success. Bob knew READ MORE

A warning signal with a 100+ year track record

Dow Industrials are hitting new highs while the Transports are lagging – a warning signal with a 100+ year track record. I just read this report from @elliottwaveintl with 18 charts that are screaming danger. It’s an eye-opener! Go to elliottwave.com and select the “18 Flashing Red Signals” issue.  

Theory of Stock Market Pricing

Debunking the Reigning Theory of Stock Market Pricing The reigning theory of stock market pricing says investors rationally revalue stocks as new information enters the marketplace. If that were true, stock charts would look like this: The stock market would trend mostly sideways, fluctuating within narrow ranges as minor bits of news mostly canceled each READ MORE

Ewaves Predicted Rally

EWAVES Has Logged 2,329 S&P Points Since February How powerful is EWAVES? Let the numbers speak for themselves. Imagine acting on just two EWAVES calls this year: February 24, 2025: EWAVES identified the termination of a 2-year long uptrend before the S&P 500 closed that day at 5983. A short there, covered at the 4982 READ MORE

Third Waves Are the Ones You Want to Catch

“Third waves are wonders to behold. They are strong and broad. They usually generate the greatest volume and price movement and are most often the extended wave in a series.” — Elliott Wave Principle, Frost and Prechter, p. 78 Of the five waves in an Elliott impulse, the 3rd wave is the one you want to READ MORE

Elevate Your Elliott Wave Analysis

Elevate Your Elliott Wave Analysis By Elliott Wave International RULES are great. They tell you what you can’t do. The Elliott Wave Principle has three. In a five-wave impulse (shown in the chart below): Wave 2 can never retrace more than 100% of wave 1 Wave 3 can never be the shortest of waves 1, READ MORE

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