» elliott wave

The psychology of the stock market may be teetering on the edge.  One week it acts like Dr. Jekyll, the next week it’s Mr. Hyde. That shift can even occur in the course of a single session. These dramatic fluctuations appear to be impulsive; and we know that impulse does not flow from cold re...

In the play “The Secret to Freedom,” Pulitzer prize writer Archibald MacLeish had a character say this: The only thing about a man that is a man is his mind. Everything else you can find in a pig or a horse. MacLeish knew how to state the truth plainly. And the truth is, you can use your...

Today we sit down with Elliott Wave International’s Futures Junctures Editor and Senior Tutorial Instructor Jeffrey Kennedy to discuss his favorite wave pattern of all: the diagonal. EWI: You say if you had to pick just ONE of all 13 known Elliott wave structures to spend the rest of your ...

We all know that the stock market has been rising for 3 years. Many economic measures — unemployment, consumer spending and confidence, etc. — also show strong improvement. Yet is that a good reason to stay bullish on stocks? What a silly question, some people might say. But before you g...

When you are watching a pattern develop on a chart, how can you be sure that your wave count is correct? The Elliott Wave Principle offers rules and guidelines that you can use to add confidence to your wave count. Elliott Wave International’s Senior Analyst Jeffrey Kennedy spent years designi...

On February 16, EUR/USD, the euro-dollar exchange rate and the most actively traded forex pair, surged over 170 pips, from below $1.30 to above $1.3150. The explanations for the strong rally boiled down to “hopes” that the Greek bond-swap deal would be reached. As we’ve pointed out...

Back in the day, one of the first things I “learned” about investing was that low or declining interest rates are good for stock prices. I’ve since had to “unlearn” this. A certain market commentator recently reminded me of the “lower rates equal higher stocksR...

Although originally published in 2004, the valuable series has been re-released in the Independent Investor eBook, along with over 100 pages of other reports that challenge conventional economic thinking.  The following series is excerpted from two classic issues of Robert Prechter’s Elliott...

When you look at a price chart, what do you see? A bunch of ticks, some ups and downs, perhaps a pattern? Do you see the trend, support and resistance levels, and who’s in charge of the market — the bulls or the bears? Sometimes understanding the most basic elements of a chart can improv...

Bear markets are cunning beasts. Don’t get me wrong — we are not in the bear market territory yet. At least, not officially. An “official” bear market begins when the stocks indexes decline 20%. The DJIA’s decline from the May 2, 2011 high to the September 21 low is abo...

“Lost decade.” The phrase originally applied to Japan’s stock market. Yet in terms of depth and scale, it more accurately describes todays markets and economy in the United States.  What does all this mean for you and your investments? Bob Prechter has just released a FREE re...

You probably know that the purpose of diversification is to spread risk across asset classes. The assumption is that if one asset goes down, the others will be stable or perhaps even move up. But what if we’re in a time when an “all the same market” scenario is unfolding in the f...