Risk On, Risk OFF?

Stocks got no-where in 2015. Gold topped back in 2011, oil bounce topped 2014. Various commodities resumed their decline during the last few years. Where is the stock market headed? Risk On? Risk Off? Find Out Where Your Money Lies A peek at the new free report from the editors of our Financial Forecast Service READ MORE

It is a Mistake to Follow the Crowd

We’ve seen it time and again: The investment crowd often hops aboard a financial trend just as it’s about to end. Government itself is actually a case in point. Here’s what the August 2007 Elliott Wave Financial Forecast said: [In July], The Elliott Wave Financial Forecast discussed governments’ knack for committing to a trend when READ MORE

The World is Awash in Oil

…But does that mean that oil prices will only go down from here? In this new interview with Elliott Wave International’s Chief Energy Analyst, Steve Craig, you’ll learn where he sees prices going next. *Editor’s note: this interview was recorded on August 12; the price low cited in the video was broken on August 13. READ MORE

NASDAQ Leads the Stock Market Bubble

Another bubble is about to pop. In March 2015, we covered the return to a popular fascination with technology. The striking resemblance to 2000’s technology mania is not going unnoticed. How can it? With the NASDAQ’s much heralded return to 5000 and magazine covers proclaiming “Google Wants You To Live Forever,” concern about an “asset READ MORE

3 Ways To Identify Support and Resistence

We will consider three ways to identify price support and resistance in the markets you trade. Previous highs and lows Trendline support Fibonacci Ratios These examples are adapted from Jeffrey Kennedy’s time tested Trader’s Classroom service. 1) Uptrends terminate at resistance while downtrends terminate at support. Previous highs and lows often act as resistance and support. In READ MORE

Why Do Traders Fail?

The following is an excerpt from Jeffrey Kennedy’s Trader’s Classroom Collection. Now through February 6, Elliott Wave International is offering a special 45-page Best Of Traders Classroom eBook, free. I think that, as a general rule, traders fail 95% of the time, regardless of age, race, gender or nationality. The task at hand could be READ MORE

DOW Jones Index Priced in Gold

DOW Priced in Gold: What Does It Mean for the Long-Term Trend? Of the many forward-looking market indicators we at EWI employ, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as EWI’s president Robert Prechter calls it. What implications might READ MORE

Declining Volume Spells Trouble

Declining Volume Signals Market Trouble The three-and-a-half-year rally has occurred on declining volume What a comeback for the Dow Industrials! From a March 9, 2009, close of 6,547, the senior index climbed to 13,610 on Oct. 5, 2012. Moreover, the Dow achieved this feat in the face of a weak-kneed economy, and it has grinded READ MORE