Updated: November 9, 2017A group of investors with very deep pockets has been engaging in a long stretch of extraordinary stock buying. Here in November, even more buying has been announced. See a chart and learn what The Elliott Wave Theorist has to say about it.
Updated: October 16, 2017Many investors see almost no risk in the stock market. Indeed, they are betting to a record degree that the stock market will continue to rise. In EWI's view, here's what this extreme financial optimism strongly suggests.
Updated: October 13, 2017A group of stock market bears has just done an about-face. One of EWI's analysts describes the switch as "stunning." A chart helps to explain.
Updated: October 9, 2017FANG stocks -- Facebook, Apple, Amazon, and Google (now Alphabet) -- hit their most recent share price highs about two months ago. Is this the time to "buy the dip," or a sign that the NASDAQ 100 is "cruising for a bruising"?
Updated: October 4, 2017Why do investors keep making the same mistakes -- i.e., buying at highs and selling at lows? The answer is that their psychology never changes. If you're an independent thinker, you can potentially benefit from this knowledge. Let's take a look at the U.S. Dollar Index.
Updated: October 2, 2017Many investors seek to mirror the trades of Warren Buffett. See how EWI analysts took the opposite side of a Buffet trade and how "Warren Buffett Versus the Wave Principle" has worked out so far.
Updated: September 27, 2017The Elliott Wave Financial Forecast warned about this financially dangerous sign of " wild-eyed optimism" in June 2007, and the stock market went on to top some four months later. Now, in 2017, the same warning sign is appearing. Get the details you need to know.
Updated: September 20, 2017The U.S. Dollar Index has been on a steady slide since its January high, and one foreign exchange strategist expects the downward trend to continue. But financial markets often move in the opposite direction from the prevailing sentiment. See how this knowledge can help you seize opportunities that most others miss.
Updated: September 18, 2017Should investors rely on traditional ways of evaluating the stock market's "proper value"? You might be surprised at what these four charts show.
Updated: September 11, 2017In 1939, Edgar Lawrence Smith discussed the stock market's Decennial Pattern. It "has been remarkably useful." One of the aspects of the Decennial Pattern relates directly to 2017. Get the details.
Updated: September 8, 2017Bonds are generally considered far less risky than the stock market. That's a big reason why flows into bond mutual funds and ETFs have been substantial in the past two years. But there's a major reason to be wary of the bond market. See for yourself.
Updated: September 7, 2017Troublesome developments are occurring in the U.S. housing market. Media outlets are saying that "an acute shortage of properties" is hurting sales. But, the real story is revealed in these chart patterns.
Updated: September 6, 2017Historically, financially themed Hollywood productions have often coincided with trend changes in the DJIA. Now, a motion picture that is based on one of the biggest financial bubbles of all time has just opened at theaters. The movie tells a "financial story that's fascinating ... ."
Updated: August 30, 2017Robert Kelley tells you about a handful of reliable indicators he monitors to help him spot approaching tops and bottoms.
Updated: August 29, 2017If supply disruptions cause oil prices to go up, can you tell when on this chart the most destructive hurricane in U.S. history arrived?
Updated: August 28, 2017President Trump. Love him or hate him, if you watch the news you have to deal with him. But for how long? Discover the president's chances to survive impeachment in this Chart of the Day video.
Updated: August 23, 2017See 11 charts from ONE page of Robert Prechter's Elliott Wave Theorist.
Updated: August 22, 2017Periods of low stock market volatility are inevitably followed by high volatility. The DJIA just registered its worst day in three months. See the chart that helped us to anticipate the "turbulence."
Updated: August 22, 2017Tesla's share price at an all-time high, its junk bond yield at a record low. Today's investor appetite for risk is strong indeed...
Updated: August 18, 2017Watch Matt Lampert, Director of Research at the Socionomics Institute, show how you can use Elliott waves to act more confidently in other areas of your life, not just in the markets.
Updated: August 17, 2017Robert Kelley explains why bullish sentiment indicators aren't necessarily bullish for the market. Watch this new interview to learn what he expects next for U.S. stocks.
Updated: August 11, 2017Right now is one of those special moments in the markets that will determine where stocks go for the next few weeks -- and the next few months. Watch this clip from a new interview with our Chief Market Analyst to learn why stocks today find themselves at such a critical moment in their Elliott wave pattern.
Updated: August 10, 2017The big flare-up of tensions between the U.S. and North Korea has dominated the news. And some financial observers are saying this is why gold's price has been rising. Yet, see how "seller exhaustion and a trend reversal" was indicated a month ago, suggesting a gold rally ahead.
Updated: August 7, 2017The market itself provides its own clues about its future price action. One such clue is found in higher-beta small cap stocks vs. lower-beta blue chips. Get our take.
Updated: August 4, 2017Many investors are just as committed to the stock market as they were at the January 2000 top. The same patterns of investor psychology appear to repeat themselves. Take a look at these two charts.
Updated: August 2, 2017A burst of technological innovations and rip-roaring bull markets tend to go hand-in-hand. Find out about one particular concept that "has a long history that lines up well with key junctures in stock prices."
Updated: August 2, 2017Robert Kelley weighs in on recent price action in U.S. stocks.
Updated: July 31, 2017In the mid-2000s, the world feared it was running out of oil. Speculators, in turn, became feverishly bullish on oil's price. A 78% crash soon followed. Now, the phrase "peak oil" has been re-introduced, but in a different way.
Updated: July 28, 2017The notion that "earnings drive stock prices" powers a lot of research on Wall Street. See a chart that torches this assumption.
Updated: July 26, 2017The stock market began to rally long before Donald Trump was elected president. What's more, the evidence shows that the rally would have likely occurred even if another candidate had won. It boils down to the market's price pattern -- see for yourself.
Updated: July 19, 2017A housing market measure that just surged to the highest level ever may also be a warning to home buyers. We saw a similar development 10 years ago, when the worst part of the housing market implosion was still ahead.
Updated: July 17, 2017Gold and silver are widely considered classic inflation hedges. But conventional wisdom often does not square with reality. Market observers tend to see what fits with their paradigm. This will change yours.
Updated: July 14, 2017Stock market action in recent weeks suggests that the enthusiasm for the technology sector is simmering down. More than that, outright animosity is being directed toward some of technology's biggest names. Here's what we see down the road.
Updated: July 10, 2017Some U.S. real estate markets have bounced back strongly since the Great Recession while others have languished. All told, "the recovery is spotty at best." Now, two new developments are adding risk to the mortgage market.
Updated: July 7, 2017Global market charts you won't see elsewhere show "What" -- and What Not -- to Fear.
Updated: July 7, 2017Robert Kelley discusses the sentiment gauges he monitors. See what they're telling you about the market trend.
Updated: June 30, 2017Stock picking is losing favor. On the other hand, passive investing is growing in popularity. This fits with the stock market's Elliott wave pattern. The mania is not over, but the end might be closer than many investors realize.
Updated: June 23, 2017The housing market is heating up -- again. Signs are appearing that are reminders of the previous housing boom. "Buyers are convinced values will only continue to climb ... ." Is the housing trend near a reversal?
Updated: June 19, 2017Sir Isaac Newton famously said that "for every action, there is an equal and opposite re-action." But does this "law of motion" apply to finance? Many investors believe so, but the evidence shows that economic news does not affect the stock market.
Updated: June 15, 2017On June 14, the price of U.S. oil fell below $45 a barrel, and some are blaming the slide on oversupply. But, is that the real reason? See how the Elliott wave model has been highly useful in staying ahead of oil's trend turns.
Updated: June 12, 2017The head of credit research for a municipal-bond management firm just commented: "We haven't seen this in a modern state before." He was talking about Illinois' deep fiscal trouble. Look at the eye-brow-raising credit spread.
Updated: June 7, 2017In investing, one rule of thumb tells you that the higher the return, the higher the risk. Today, one high-yield debt instrument that was at the forefront of the 2007-2009 financial crisis has reached a new, dangerous milestone. We're sounding the alarm -- again.
Updated: June 6, 2017See 3 global market charts that answer the question, Has Investor "Courage" Gone "Crazy"?
Updated: June 5, 2017The U.S. housing market has staged a significant rebound since prices bottomed in February 2012. Now, at least one measure of optimism has returned to the height of the bubble days. Some say not to worry because "the economy is in far better shape than a decade ago." Is today really different?
Updated: June 2, 2017Critics say President Trump's decision to withdraw from the Paris climate agreement dealt a setback to the global-warming cause. But, the evidence suggests that "global-warming fever" had already been cooling off. "Crowds often think their personal cause of the moment is a permanent issue. It almost never is."
Updated: May 26, 2017"The writing appears to be on the wall" for public pension plans -- and $3.6 trillion is on the line. Managers have been "embracing riskier assets and sweeping underfunded liabilities under the rug." Now, here's an update.
Updated: May 17, 2017Maxwell Edison may have majored in medicine, as the Beatles sang, but many of the "brainiacs" on Wall Street are hedge fund managers. Even so, their performance record at key market turns often leaves a lot to be desired. See this eye-opening bond market chart.
Updated: May 15, 2017A chief investment officer just told USA Today, "Listening to the 6 o'clock news gets investors off track." Find out why he made that statement. Plus, see what a "news-driven" and rational-reaction graph of stock prices would look like. (Hint: It's nothing you'd ever see in real life.)
Updated: May 12, 2017The CEO of a major Wall Street firm calls it "worrisome." A director of floor operations at the NYSE says it's "not normal." Find out why a volatility explosion might be just around the corner.
Updated: May 8, 2017There's an exchange-traded fund for almost every investment niche. Our analysts view the proliferation of ETFs as part of the entire derivatives boom. Here's how we believe ETFs will go down in history.
Updated: May 5, 2017There's a sizeable gap between investor expectations and historical market returns. Chalk it up to ramped-up optimism and what psychologists call "information avoidance." Two surveys and one chart are revealing.
Updated: May 2, 2017See our global market charts that cover $18 TRILLION, inflation(?), and a truly bold forecast.
Updated: May 1, 2017NYSE margin debt levels reached records in the milestone market years of 2000 and 2007. But wait until you see what that level is now. Plus, find out how hedge funds are making matters even more precarious.
Updated: April 26, 2017If investors would only review the historical data, they would discover the sobering truth about news and the stock market. Do you believe a presidential assassination or a major terrorist attack would affect the market's trend? Find out what really happened.
Updated: April 25, 2017Our three recent Treasury Bond charts combine to show you trader sentiment, price action and important near-term turns and trends.
Updated: April 17, 2017Even professionals have a hard time beating the market. But a study of 2600 stock recommendations by market technicians vs. fundamentalists came to this "striking conclusion."
Updated: April 13, 2017If you're a gambler or trader, you know what it means to "hedge your bet." It's how you offset your losses if you bet on the wrong horse, or on the wrong market position. Yet today, falling demand for equity hedges suggests an absence of fear among stock traders and investors. This chart shows you why.
Updated: April 11, 2017In 2007, the KBW Bank index turned down months ahead of the DJIA. In 2017, optimistic expectations are again running high for the financial sector. Ironically, history shows that investors should be the most worried when financial fear is absent. Let's review today's position of the "fear index" VIX and KBW Bank Index.
Updated: April 6, 2017Crude oil prices fell sharply on April 5. Analysts blamed the dip on a surprise jump in U.S. crude inventories. But take a look at this chart before you accept that explanation.
Updated: April 5, 2017Almost everyone knows that stocks are risky. Yet, new evidence shows that stock picking is fraught with even more risk than many investors might realize. Let's look at the return profiles of individual stocks from a recent academic study.
Updated: April 4, 2017Going into April, too many world financial markets look too complacent. See the charts & pictures for yourself.
Updated: March 31, 2017The DJIA is much more than a financial gauge: The index is also predictive in the multi-faceted arena of social trends, including movie attendance, fashion, politics and more. See what our Elliott Wave Theorist shared with subscribers.
Updated: March 31, 2017Supply and demand factors do influence crude oil prices -- as with any physical commodity, for that matter. However, crude oil futures are also a financial market. Here's what that implies.
Updated: March 28, 2017The DJIA just registered its longest losing streak in nearly six years. Yet, from Feb. 9 through Feb. 27, the index posted its longest winning streak since 1987. Our analysis of that winning streak reveals why we haven't been surprised by the DJIA's downturn.
Updated: March 27, 2017Knowledge of sentiment measures combined with a market's Elliott wave pattern is key in forecasting. The U.S. Dollar Index provides a perfect example. Read what our March 24 Short Term Update has to say.
Updated: March 24, 2017You buy insurance for protection, but some insurance companies themselves might be at risk. You need to know which ones are safe. "A massive insurance company failure" just made the news.
Updated: March 23, 2017Two trader groups habitually on opposite sides of the market are at it again: See what past extremes say to the present trend.
Updated: March 22, 2017Financial commentators parse every word the Fed utters, hoping to catch a clue about the central bank's next policy decision. But who really determines the direction of rates?
Updated: March 20, 2017Some people believe that "baby boomers" are driving the stock market's trend. The thinking goes that this large demographic group is behind the bull market, and as they retire, a bear market will follow. This thesis seems logical, but let's look at the evidence.
Updated: March 17, 2017The Fed just announced a 0.25% hike of its benchmark rate -- the second such move in the past three months. A long-held Wall Street belief is that higher rates mean a downturn in stock market prices. Let's put that belief to a test.
Updated: March 14, 2017Rather than relying on political headlines (and other unrelated news), this chart lets the broader stock market itself explain how we got here -- and where we're going.
Updated: March 13, 2017In February, the U.S. jobless rate fell to 4.7% as the economy added 235,000 non-farm payrolls. Some people attribute the economic improvement to the new president. Here's why the added jobs were anticipated well before the U.S. election.
Updated: March 9, 2017Besides Elliott wave price patterns, our analysts also watch other telltale market indicators to pinpoint trend reversals -- e.g., sentiment extremes.
Updated: March 9, 2017On March 9, 2017, the bull market marks its eighth anniversary. At the same time, one group of market participants are more bullish than they've been in decades. Are they right? The Wave Principle is helping our subscribers anticipate the next major trend change.
Updated: March 7, 2017The financial media regularly rationalizes fluctuations in the markets by attributing them to various news and events. "A causes B." We take a different view.
Updated: March 3, 2017On March 1, the U.S. dollar did something it hadn't done in almost two months: It got stronger. Two reasons were behind the move, said analysts: The Fed's imminent rate hike, and, President Trump's widely-covered address to Congress. But here's one reason many have overlooked.
Updated: March 3, 2017An interesting thing happened on the way to the Dow surpassing 21,000: Corporate insider selling jumped "to levels rarely seen." Moreover, it's not just a short-term trend. History shows why investors should be concerned.
Updated: February 27, 2017Since November 4th, the Dow Jones Industrials have seen a 17 percent rally, and closed higher in every session from February 9th through this past Friday, February 24. That is no ordinary streak. The Dow hasn't seen that many consecutive closes since January 1987...
Updated: February 21, 2017Market bears have suffered a severe shellacking as stocks embarked on a record-breaking run. But a classic Elliott wave price pattern gave investors a heads-up a year ago. See for yourself.
Updated: February 17, 2017The DJIA has been on a winning streak with one all-time closing high after another. "Traders are convinced that market volatility will remain nonexistent." Our subscribers know better.
Updated: February 14, 2017In an interview with ElliottWaveTV, Chief Market Analyst Steve Hochberg talks about the key story from 2016 that most investors missed. Learn what he's watching closely right now.
Updated: February 13, 2017Our U.S. equity analyst, Tom Prindaville, shares his background and analytical approach to the markets in this spotlight video.
Updated: February 6, 2017Financial optimism has reached a new extreme. The impulse to herd is ever present, but there is a way to set yourself apart from the crowd.
Updated: January 25, 2017Even today, there are repercussions from the real estate lending boom that ended with the subprime mortgage crisis. In 2017, commercial mortgages are maturing, and some landlords face delinquency. Here's what that means for some bondholders.
Updated: January 23, 2017Despite the Fed's stimulus efforts, inflation remains subdued. The trend in money velocity -- the rate at which money changes hands in the economy -- is not what one might expect during a bull market. One bond manager points to high-debt levels.
Updated: January 20, 2017Residential real estate prices in major global cities rebounded sharply during the current bull market, especially at the high-end. Now, real estate developers grapple with price deflation. At least one real estate indicator is flashing a bigger warning than it did in 2007.
Updated: January 19, 2017On Dec. 16, gold traders were more bearish on a longer-term basis than they were in July 1999, when the precious metal was at $252.15. That day, our Short Term Update said, "It's tough to lean against the crowd ... but that's exactly what our analysis suggests is proper at the current juncture." On Jan. 17, gold hit a 2-month high.
Updated: January 6, 2017You can also see how our currency forecast came first, and the "Brexit surprise" came second. Plus, why central bank "Targets" amount to a chart of failure. Check it out.
Updated: December 16, 2016The mainstream financial press analyzes every word of the Fed's discussions about interest rates. But it's a myth that the U.S. central bank determines the direction of rates. These two charts are revealing.
Updated: December 15, 2016The U.S. dollar remains in an uptrend that's been unfolding for nearly nine years. Can a magazine cover really help point to which way the trend will go from here?
Updated: December 12, 2016Even as the Dow reaches an all-time high, the Dallas pension system is asking taxpayers for a bailout. U.S. public pension systems grapple with an accelerating downward spiral. Our Elliott Wave Financial Forecast notes that some are prime candidates for insolvency.
Updated: December 6, 2016Even as the Dow hovers in record-high territory, some sectors have slipped into a bear market. Venture capital for U.S. business startups is drying up. For many technology firms, "the game is already over."
Updated: December 2, 2016In the face of historic optimism, which attended the July high in 30-year Treasury bonds, our June Elliott Wave Theorist said, "Bonds are on their last leg." In November, global bond investors lost $1.7 trillion. Sentiment has shifted to deep pessimism toward bonds but keep an eye on the wave count.
Updated: November 28, 2016As of Nov. 25, the Russell 2000 closed higher for 15 straight trading sessions. The late Paul Montgomery, a renowned observer of market behavior, made an observation about consecutive closing streaks that should be of high interest to every investor.
Updated: November 18, 2016On May 3, the U.S. Dollar Index spiked down to a low of 91.919. But, just three days later, as the bears were licking their chops, we anticipated a turn higher. Our wave analysis has served subscribers well. The index just hit a 13.5-year high.
Updated: November 14, 2016Is Donald Trump good or bad for stocks? The financial press says both! Such blatant contradictions appear regularly in the media. Keep an eye on the market itself. The Dow's price pattern pointed to a new all-time high months before the election, and anticipates what's next.
Updated: November 9, 2016On November 9, U.S. bond investors realized there's something worse than the uncertainty leading up to the 2016 presidential election; namely, the uncertainty following it! Is there a way to gain insight into the market's trend? Absolutely.
Updated: November 9, 2016More babies were born in 2007 than any other year in U.S. history. But the birth rate dropped to a century-low in 2009. What happened? We offer an answer.
Updated: November 8, 2016Nine of our top market strategists offer a sneak peek of sentiment in their markets ahead of the U.S. presidential election.
Updated: November 8, 2016Where does the mutual fund cash-to-assets ratio stand today? It has returned to a historic level -- fund managers are ALL IN the stock market. It adds up to the most extreme reading on record.
Updated: November 8, 2016Nine of our top market strategists offer a sneak peek of sentiment in their markets ahead of the U.S. presidential election.
Updated: November 7, 2016Almost no one expected a dramatic decline in housing prices in January 2006. At the time, 43% of first-time home buyers were putting no money down. Six months later, housing prices topped. Today, owners of entry-level homes are once again highly leveraged.
Updated: November 7, 2016Pete Kendall, the co-editor of our monthly Elliott Wave Financial Forecast, tells you more about the just-published Financial Forecast's special Election section.
Updated: November 7, 2016Pete Kendall, the co-editor of our monthly Elliott Wave Financial Forecast, tells you more about the just-published Financial Forecast's special Election section.
Updated: November 4, 2016Major media outlets have bent over backwards to minimize Hillary Clinton's brewing scandals. But social mood is due for a shift. When the stock market sharply reverses, expect a new bull market in political scandals.
Updated: October 28, 2016The selloff in global bonds has been blamed on speculation that central banks will raise rates. Some observers point to economic data. Yet, we saw the handwriting on the wall four months ago. See how a combination of Elliott waves and sentiment measures can be highly useful to investors.
Updated: October 26, 2016The days of $20 doctor house calls and affordable hospital stays for the uninsured are long gone. Chalk it up to government involvement in healthcare. Now we learn that "Obamacare" premiums will sharply rise in 2017. Prepare for what's next.
Updated: October 24, 2016The bedrock belief that earnings drive stock prices permeates Wall Street. About a third of S&P companies report this week, and investors are watching. But have they bothered to investigate the evidence about earnings and stocks? We have.
Updated: October 18, 2016See it for yourself: A major reversal in Treasury Bonds, as forecast. Prices then went lower in the 3-plus months since. And, the pattern now is as clear as it was then...
Updated: October 18, 2016Except for a couple of turbulent days in early September, this fall season has so far been as uneventful for the markets as this past summer was. But that's likely to change.
Updated: October 13, 2016Let's talk about the Dollar Index. Not with one chart, but with three charts of the Index. Because, they show we mean when we say, "Textbook Elliott Wave Pattern." Five up, three down...
Updated: October 10, 2016Ever heard of Three Urinals? It's a sculpture that sold for $3.2 million in November 2014. That same month, Andy Warhol's silk screen featuring Elvis Presley was unloaded for $82 million. But, today's art world has seen a shift in prices, and in some cases, it's been dramatic.
Updated: October 7, 2016Despite historically low mortgage rates, U.S. homes sales have faltered. One North American city has seen a dramatic plunge in sales. As we anticipated, price declines have followed. See how government embraced a real estate trend just when it reached maturity.
Updated: October 6, 2016The co-editor of the U.S. section of our Global Market Perspective sat down to explain why this uncommon pattern in the Dow fits with the overall long-term picture in the stock market.
Updated: October 6, 2016On October 4, gold prices crashed $40-plus per ounce in their steepest single-day drop in three years. Many cited "hawkish" Fed comments for pulling the rug out from under gold. But that only explains the metal's fall after the fact. What really happened?
Updated: October 4, 2016The German government itself has been forced to deny making a plan to bail out Deutsche Bank. This prompted our analyst to note that, "Like most of the great banking crises of the past, we can finally list this one as official, because it has been officially denied."
Updated: September 28, 2016Tom Prindaville, the editor of our U.S. Intraday Stocks Pro Service, tells you why he's looking for increased volatility heading into the month of October.
Updated: September 21, 2016A battle between bull and bear market forces is being fought in the U.S. housing market. On the one hand, millennials are living with their parents longer. On the other, one Connecticut estate aims to become the most expensive residential property in the nation. A victor between bull and bear impulses will eventually emerge.
Updated: September 13, 2016About three months ago, hedge fund managers were the most bullish on bonds they've been in 10 years. Yet, our July Elliott Wave Financial Forecast warned a "trend reversal is nigh." Just four trading days later, on July 8, bond futures made their closing high. Take a look at these two charts.
Updated: September 12, 2016Knowledge of classic chart patterns can be of enormous value to you. For example, a contracting diagonal takes a wedge shape within two converging lines, and is the most common form for an ending diagonal. This knowledge helped us anticipate Sept. 9's stock market volatility, even though the market had traded sideways for most of the summer.
Updated: September 7, 2016Why are governments paying into public pensions? Why is the rate of increase in government payments so much greater? This chart speaks to the health of public pension funds. In a word, that health issue is "underfunded."
Updated: September 6, 2016The housing market appears to be on the verge of another big shift. We see an eerie similarity between 2005 and 2016. Just like 11 years ago, almost no one is worried about a bubble. Plan now for what we see ahead.
Updated: August 30, 2016August 15th saw prices reach an all-time high in the Dow. Yet, the Elliott wave pattern we're following suggests something else was also at work: Namely, a near-term peak at 3 degrees of trend.
Updated: August 26, 2016You can make high-confidence market forecasts based on the Wave Principle. Using the Wave Principle, our Short Term Update made a specific market call on Aug. 22, and the market fulfilled our expectation, serving our subscribers well as a result. High volatility may be ahead. The calm before the storm is the time to prepare.
Updated: August 16, 2016Recent headlines say the housing market is "booming." There's no support for that claim in the trend of homeownership. (1:48)
Updated: August 16, 2016House flipping was wildly popular during the mid-00s.The market crashed, and so did the flippers, just as we warned. Many were ruined. Now, flipping is making a big comeback. How safe is it?
Updated: August 12, 2016Each Elliott wave pattern has its own common Fibonacci relationships between waves. You can use them to set your price targets and determine where the trend should reverse.
Updated: August 8, 2016Financial reporters seek a "cause and effect" to explain the stock market's action on a given day. For example, Aug. 5 headlines said the strong jobs report triggered the session's rally. Seems logical, but on May 6, stocks also rallied when the jobs number disappointed. The Wave Principle offers a valuable alternative to looking for market "catalysts."
Updated: August 4, 2016The federal government is good at lending taxpayer money to borrowers who are unable or unwilling to pay it back. It happened during the housing bust, and now, some seven million people are in default on their student loans. Find out why we anticipate that the number will rise dramatically.
Updated: August 1, 2016The U.S. economy grew at a snail's pace in Q2. The preliminary GDP annual growth rate of 1.2% took polled economists by surprise. They expected an increase more than twice that high. Find out how we anticipate economic trend changes.
Updated: July 26, 2016Every new earnings season analysts discuss their impact on the broad stock market. Yet, the idea of earnings driving the broad trend is a GIANT myth -- and this chart proves it.
Updated: July 26, 2016Building permits help answer the question, "What's next for builders, developers, the construction business and real estate in the U.S.?" You can see for yourself that building permits can be an excellent early indicator for real estate.
Updated: July 25, 2016A mix of bull and bear market impulses is evident in today's culture. How is that possible with recent all-time highs in stocks? Shouldn't social mood be decidedly bullish? A Boston University econophysicist charts water's freezing process and makes a shocking discovery.
Updated: July 21, 2016This measure shows you the growth in Real Per Capita GDP -- it adjusts for population, and it adjusts for inflation. It's all built into one trend line. That's a far more revealing picture of the economy. And, it's especially telling regarding the future -- specifically, the future of incomes...
Updated: July 18, 2016The Wave Principle and other technical indicators helped investors prepare for new all-time highs. See how.
Updated: July 13, 2016Elliott wave-minded investors must be adaptable to a changing market environment in order to be successful. Deductive reasoning is the best approach. See how Elliott waves and supporting technical evidence helped us stay on track with a bullish forecast for the DJIA.
Updated: July 11, 2016The U.S. dollar surged in the wake of Britain's decision to leave the European Union. But the greenback's upward trend started several weeks before the June 23 vote. See how the Wave Principle can help you spot trend turns, even when professional speculators are betting the other way.
Updated: July 8, 2016Steve Craig, EWI's Chief Energy Analyst, explains what's really driving crude prices. Watch this new interview to find out what he's paying attention to.
Updated: June 30, 2016Many people view government debt as a problem that is far removed from their daily lives. When debt becomes overwhelming, the lives of citizens are directly affected in many critical ways. Consider Puerto Rico, which now faces another debt default.
Updated: June 21, 2016Deflation is a rare economic phenomenon. Contrary to popular belief, it's not just "low prices." Learn more in this new interview.
Updated: June 17, 2016The Federal Reserve is troubled by the jobs market, and for good reason. The central bank's own Labor Market Conditions Index is at its lowest level in seven years. Also, a record 95 million Americans are not in the labor force. Now is the time to prepare for what we see ahead.
Updated: June 16, 2016Even with historically low interest rates, the U.S. savings rate as a percentage of disposable income has been rising. This indicates a deflationary psychology is taking hold, while the Fed grapples with weak inflation long after the end of the Great Recession. Prepare now for what's next.
Updated: May 26, 2016How much faith to you put in a company's earnings data to gauge its future growth potential? Well, we have four shocking truths about the real value of earnings that will radically change the way you see this time-honored measure.
Updated: May 24, 2016On May 4, we were right alongside the mainstream experts with a bullish outlook on gold -- save for one "critical" difference. Our analysis identified a critical support level that, if breached, would tilt the odds in favor of a major decline. And that has made all the difference.
Updated: May 20, 2016On May 3, the EURUSD turned down (i.e. falling euro, rising U.S. dollar) in a powerful reversal to two-month lows on May 20. Turns out, the euro's sell-off was not in the popular, Fed-led script handed out by mainstream analysts. It was, however, in the Elliott wave one.
Updated: May 18, 2016Sometimes it's hard to get excited about sideways movement on a market's price chart. Like, say, the four-month long sideways crawl in sugar prices from October 2015 to January 2016. But from an Elliott wave standpoint, this kind of "holding pattern" is often cause for the greatest excitement.
Updated: May 17, 2016Are you ready for an even bigger cool down in the housing market? Recent data suggests that real estate's ice age, which started in 2006, is far from over. Get the details now.
Updated: May 17, 2016Wave analysis works by helping you track the market's psychology. Of course, not every Elliott wave forecast works out. Yet, even then Elliott waves give you the exact price points to watch; if the price breaks any of them, you'll know it may be time to get out. "Cut your losses short," remember? Elliott waves help you do just that. Let's look at a fresh example.
Updated: May 16, 2016Financial history shows that peaks in corporate mergers generally occur prior to major bear markets. With that in mind, consider that 2015 saw a record amount of money spent on mergers. But, since then, a shift has occurred. Is financial history set to repeat?
Updated: May 11, 2016Market psychology will take prices up or down with or without the news. The advantage you have with Elliott waves is that while other traders are reacting, you can be proactive. Case in point: USDJPY.
Updated: May 4, 2016Now that crude oil rose about 20% in April alone, it's getting hard to remember that this winter, WTI fell to just $26.05 a barrel. Harder still is to remember the sentiment towards oil at that time. These headlines from major news sources are a good reminder...
Updated: May 2, 2016Have you ever wondered why the U.S. economy remains weak even after unprecedented monetary and fiscal stimulus? The reason boils down to just two words: deflationary psychology. Now is the time to prepare for what we see ahead.
Updated: April 28, 2016On April 27, the World Bank Group upwardly revised its annual forecast for crude oil prices -- after oil had risen 77% from this winter's lows. As for seeing oil's rally in advance -- well, that's a different story. One worth reading now...
Updated: April 27, 2016On April 11, copper prices took step one of a powerful rally that launched the red metal to one-month highs -- despite a raft of bearish data that pointed the market in the opposite direction. Makes you think something else is at work!
Updated: April 21, 2016"The trend is your friend," goes the old trading adage -- but what if the trend is about to end as you're "befriending" it? Elliott wave analysis is uniquely positioned to give you ample warning when that happens -- watch.
Updated: April 13, 2016Over the last year, Walmart has gone from retail victor to re-FAIL victim of falling sales growth, store closures, layoffs, and on. Who's to blame for Walmart's reversal of fortune? Hint: It's not the strong dollar. It's deflation.
Updated: April 8, 2016In March, the Japanese yen served us a great lesson in Elliott wave "triangle" price pattern. Watch this free 4-part video series where our Currency Pro Service editor walks you through this high-confidence opportunity step by step.
Updated: April 6, 2016In March, the Japanese yen served us a great lesson in Elliott wave triangles, high-confidence price patterns. Watch this 4-part video series where our Currency Pro Service editor spots a triangle in USDJPY and follows it as it unfolds in real-time in the coming days.
Updated: April 5, 2016In March, the Japanese yen served us a great lesson in Elliott wave triangles. Here's the 3rd video of this 4-part series where our Currency Pro Service editor gives you an update on USDJPY's high-confidence price pattern.
Updated: April 4, 2016Housing market analysts expect prices to climb again in 2016. But one EWI subscriber expresses caution. Learn what he just told The New York Times.
Updated: April 1, 2016In March, the Japanese yen served us a great lesson in Elliott wave triangles. Here's the 2nd video of this 4-part series where our Currency Pro Service editor gives you an update on USDJPY's high-confidence price pattern as it developed.
Updated: April 1, 2016The April 1 U.S. Department of Labor report showed a 5% unemployment rate. The mainstream experts hailed this as a sign of "robust" growth. We, on the other hand, call April Fool's!
Updated: March 31, 2016In March, the Japanese yen served us a great lesson in Elliott wave triangles, high-confidence price patterns. Watch the first video of this 4-part video series where our Currency Pro Service editor explains what a triangle in USDJPY on March 2 implied for the trend.
Updated: March 24, 2016On March 10, gold prices turned down from a 13-month high to embark on the 11-session sell-off we see today. The problem is, the metal's downtrend fits nowhere into the mainstream picture. It does, however, fit into the Elliott wave one.
Updated: March 23, 2016According to mainstream wisdom, commodity prices revolve around the Federal Reserve's monetary policy. But historical evidence proves there's a much larger force at the center of the commodity universe.
Updated: March 22, 2016Gold has been hailed as "the biggest story of this year" lately. And to think that just in December, pundits were saying that gold had "lost its luster"! How did the mainstream miss this sleeper opportunity? This video gives you an answer.
Updated: March 4, 2016Back in 2012, all the fundamental signs pointed UP in soybeans. But instead, bean prices turned down, plummeting 50%-plus in the multi-year bear market we see today. Here are some signs to help you spot the next big trend change.
Updated: February 26, 2016The Oscar-nominated movie "The Big Short" is a gripping story of a group of no-name outsiders who warned of the 2007-9 housing/subprime mortgage collapse. We at Elliott Wave International know that story all too well...
Updated: February 25, 2016Our Chief Market Analyst Steve Hochberg talks to Moe Ansari on Market Wrap Radio. You'll hear his take on what we've seen in the markets so far in 2016 -- and why Steve thinks 2015 was a "transitional" year.
Updated: February 22, 2016Since 2008, crude oil investors have become bullish at each top and bearish at each bottom. Recently, even oil industry insiders have expressed extreme bearishness. Yet, on Feb. 22, U.S. crude soared nearly 7%. Get our perspective.
Updated: February 18, 2016We sat down with Tom Prindaville, the editor of our U.S. Intraday Stocks Pro Service, to learn how he approaches market volatility -- and why it's important to have alternate wave counts.
Updated: February 18, 2016Real estate agents say that today's near-record low mortgage rates means it's a good time to buy a house. But is it? See a chart that debunks a common belief about housing prices, and learn about warning signs that are reminders of the 2006 housing bubble.
Updated: February 16, 2016It's been conventional wisdom for decades: Gold is a "fear hedge." And yet, like many other market myths we've written about, this one is also just that -- a myth. Look at this chart, decide for yourself.
Updated: February 11, 2016It's tempting to say that gold is up 16% YTD "as investors are seeking a safe haven." Problem is, this (very logical) explanation tells you little about where gold might go tomorrow. Elliott wave analysis, on the other hand, does.
Updated: February 10, 2016It's a bit like watching Old Faithful fail to erupt when it should: To see a market "correlation" become disconnected can be unsettling. For weeks the media has looked at oil prices to forecast stocks. But Tuesday morning (Feb. 9) a CNBC headline said this...
Updated: February 9, 2016For the financial markets, the biggest event of the week starts tomorrow: On Wednesday and Thursday (Feb. 10-11) Fed chair Janet Yellen will appear before Congress to deliver her semi-annual Monetary Policy Report.
Updated: February 8, 2016On Feb. 8, U.S. and global stocks had a rough day. And what, says the conventional wisdom, "reliably" goes up when markets are "uncertain"? That's right: gold. But here's something you should know...
Updated: February 5, 2016For the past two months, EURUSD, the world's most-traded forex market, has made almost zero net progress -- until now. This chart shows you the long sideways trading range stretching back all the way to December.
Updated: February 1, 2016In 2003, we warned about the trend toward socialized healthcare and taxes. Now, the fines for the uninsured have increased in 2016. Now is the time to prepare for what's next.
Updated: January 29, 2016Most analysts say the same thing: Oil is higher in reaction to the news. Sounds reasonable... but what if someone told you there was a way to forecast this rally before the news -- or even without any news?
Updated: January 27, 2016Let's say you're an alien sent to this planet to study human behavior. Your task: the stock market as a mirror or human collective psychology. Millions of humans invest in it. Can you learn something by watching them put their money in a collective pot? Oh yes.
Updated: January 26, 2016You've probably noticed that lately, oil and stocks have been moving in unison -- so much so that today, people say that cheap oil is bearish for stocks, and higher oil prices are bullish. But do you remember that not that long ago, they said precisely the opposite?
Updated: January 25, 2016A review of past market tops shows that many of them were accompanied by the same warning signs. We highlight two of them. Plus, a chart shows a trap that's about to snap shut on stocks.
Updated: January 22, 2016Crude oil's long-term Elliott wave count anticipated a dramatic price slide. Workers for energy companies grapple with the consequences. The deflationary trend has only started.
Updated: January 21, 2016It seems reasonable to suggest that, based on strong inventory numbers, crude oil should have fallen. Instead, prices rose. If you find this puzzling, looking at the situation from an Elliott wave perspective may help.
Updated: January 21, 2016Steve Craig, editor of our Energy Pro Service, offers you his take on the recent decline in crude oil -- and tells you what Elliott wave patterns are showing him about future price action.
Updated: January 21, 2016"EURUSD plunged after ECB President Drahgi announced that there are 'no limits' to how far the ECB will deploy its tools. The problem with blaming euro weakness on his comments is that the decline started earlier, much earlier."
Updated: January 20, 2016At times like this, many people say: "Well, of course stocks are down -- after a six-year bull market without much of a correction." Yet, even if it feels like the decline was "only natural," in reality very few market experts said so on the record. In fact...
Updated: January 20, 2016Dow Theory and the Wave Principle are both based on empirical observations and complement each other. Dow Theory nailed the market declines of 1973 and 2007. Find out what investors should know now about the current Dow Theory signal.
Updated: January 15, 2016Pete Kendall, the editor of our Financial Forecast, tells you why Elliott wave analysis is particularly suited for emotional trading environments -- like the one we're in now.
Updated: January 15, 2016Pete Kendall, the editor of our Financial Forecast, tells you why Elliott wave analysis is particularly suited for emotional trading environments -- like the one we're in now.
Updated: January 15, 2016Stocks rallied on Thursday (Jan. 14) -- but tanked again on Friday (Jan. 15), probably making the previously reported $3.2-trillion loss in the value of global stocks even bigger. But how can that be? Doesn't money simply move from one asset class to another?
Updated: January 14, 2016Financial optimism was on full display in 1999 and 2006. The rich were splurging as the stock market zoomed higher. Bear markets soon followed. Now, as we kick off 2016, the affluent are partying like it's 1999 and 2006.
Updated: January 14, 2016With the world's attention focused on the stock markets for the past two weeks, it's easy to overlook what's been happening in EURUSD, the euro-dollar exchange rate and the world's most-traded forex market.
Updated: January 12, 2016"A Williamsburg establishment started selling a $100 edible 24-karat-gold-covered doughnut dunked in Cristal-infused icing. It's $1,000 for a dozen and it's not even in Manhattan." (January 11 Vanity Fair)
Updated: January 11, 2016A well-known financial publication suggests that now is the time to invest for the long-term. Such an approach might be hazardous to your portfolio. See a chart that shows a dip-buyer's nightmare.
Updated: January 7, 2016Since hitting an all-time high in early 2015, AAPL stock has plunged a whopping 26%. Clearly, AAPL falling from its bullish branch was not part of the mainstream plan. It was, however, part of the Elliott wave one.
Updated: January 7, 2016An important sector of the U.S. economy has contracted for the second month in a row. Deflation is a rare condition that's occurred only twice in U.S. history. Has the third episode already started?
Updated: January 5, 2016We're only two trading days into 2016 -- yet, so far, the new year isn't looking too promising. Right now, you may be scrambling to make sense of the DJIA's huge tumble on Monday. This excerpt from our December Elliott Wave Financial Forecast may help.
Updated: January 4, 2016In 2015, the mainstream experts said falling oil prices would help jump-start the economy. It goes without saying, this forecast did not come to pass as planned. The full story might surprise you.
Updated: December 31, 2015Not one economist surveyed by The Wall Street Journal at the start of 2015 anticipated that crude oil would be trading under $40 a barrel. Most of them don't consider investor psychology, the true driver of big trends. And that's precisely what Elliott wave analysis helps you do. Take a look at this chart.
Updated: December 30, 2015Love or hate December's infamous volatility, if you choose to trade this month, you have to deal with it. And this December has certainly been volatile. Take EURUSD, the world's biggest forex market...
Updated: December 30, 2015During the holiday season, many people receive cash as a gift. Recipients would be wise to store that cash in a safe place. Bargains in an array of financial assets may be soon available. A shift to financial conservatism appears to have already started.
Updated: December 29, 2015Over the last year, investors' appetite for risk has gone from red hot to lukewarm, culminating in the recent junk bond bust. Get the real story of the reversal here...
Updated: December 29, 2015chart of the day | You may have seen us mention the importance of sentiment extremes on these pages before. We don't take sentiment at face value; years of experience have taught us to use sentiment extremes as a contrarian indicator -- here's why.
Updated: December 28, 2015Financial news is the most upbeat near market tops. Headlines are gloomy around market bottoms. Most investors miss important trend reversals. Learn how we keep subscribers ahead of trend changes.
Updated: December 23, 2015chart of the day | Consumer spending accounts for about 70% of the U.S. GDP, so the latest uptick in spending is happy news for stock market bulls. Except, there is one caveat.
Updated: December 22, 2015It's almost Christmas, "the hap-happiest season of all." Yet, here's a sobering fact for U.S. investors: As this chart shows, the S&P 500 stocks are actually lower now than at the end of last year.
Updated: December 18, 2015Elliott waves allow you to see before the news which way the collective psychology of market participants is leaning. If traders feel bullish…
Updated: December 18, 2015The sentiment surrounding company stock buybacks goes from cheers to jeers. Also, a splintering is taking place in M&A deals. Are these signs of a historic trend shift in stocks?
Updated: December 17, 2015The debt loads of companies and governments should be easy to service given the exceptionally low interest rates. But did you know that global bond default rates have hit their highest level since 2009? Learn why the next credit crunch could be worse than 2007-2009.
Updated: December 17, 2015chart of the day | Here we have the Barclays U.S. Corporate High Yield Spread. It's one of those indicators you don't see enough of in the financial media, even though it's a lot more predictive and relevant to investors, versus all of this week's hoopla about the Federal Reserve.
Updated: December 15, 2015Whatever the Fed says around 2 PM Eastern on December 16, a surge of emotion will be visible in the markets. Emotions are natural drivers of price trends. And no method allows you to track the markets' collective emotion quite like Elliott waves do. So, here's what we know...
Updated: December 11, 2015The transition from risk-taking to risk-aversion started off gradually in 2007. Then it suddenly accelerated. Our analysts see evidence that a similar pattern is repeating itself. Look at these two charts.
Updated: December 9, 2015It's not quite time for the so-called Santa Claus Rally. And yet, it's easy to get disheartened when you see stocks struggle and fail to make progress for days. That's when you may wish to consider turning to Elliott wave analysis.
Updated: December 7, 2015A study shows that changes in women's shoes reflect changes in the economy. The women in the hit television show "Sex in the City" often wore stiletto heels, but in 2015 heels are flat or chunky. Learn more about this and other unusual economic indicators.
Updated: December 4, 2015This week served us two examples of the same Elliott wave pattern foreshadowing a big rally in two major markets: first, the euro -- and now, gold.
Updated: December 3, 2015Days before the ECB announcement, EURUSD charts began to show a high-confidence Elliott wave pattern called an "ending diagonal." It almost always introduces fast trend reversals -- up, in this case. You can see this price pattern here...
Updated: December 3, 2015Big banks remain more fragile than most people realize. Many financial institutions never really recovered from the 2007-2009 financial crisis. A new report opens your eyes to the secret new government tax.
Updated: November 30, 2015This week promises to be big on economic news. Meanwhile, EURUSD, the world's biggest forex market, has been trading lower and lower over the past few days, as the U.S. dollar got stronger. How might the upcoming events impact this trend?
Updated: November 24, 2015Pete Kendall, co-editor of The Elliott Wave Financial Forecast, discusses important trends that he'll be watching in the coming weeks and months ahead.
Updated: November 20, 2015In 2012, all the "fundamental" lines added up in corn's bullish favor. And yet, corn prices embarked on a multi-year bear market that persists today. Lend your "ear" to the full story...
Updated: November 19, 2015On Thursday (Nov. 19), crude oil again fell below $40. From our perspective, there are other factors impacting oil prices than what meets the eye. We are talking about Elliott wave patterns, of course.
Updated: November 17, 2015A little while back, we wrote that, after a big drop in the euro, its Elliott wave patterns called for a rally. It was a "terminal thrust" lower from an Elliott wave triangle pattern that tipped us off to the coming bullish turn in EURUSD...
Updated: November 16, 2015From their March 2014 peak, lean hog prices have plummeted 60%-plus to a six-year low. Turns out, the price slaughter was not what the fundamental doctor ordered.
Updated: November 13, 2015Meet the predecessor of the Elliott Wave Principle: Dow Theory has been around for over a century and boasts a consistent record of performance. Yet some analysts are dismissive. Learn why you should pay attention to the Dow Theory -- along with the Elliott Wave Principle.
Updated: November 13, 2015It's been less than a decade since the housing bubble burst, yet home prices in the UK and US today hover near new highs. Even so, socionomist Alan Hall foresees a darker future for real estate. He warns that once again, housing data suggests that the real estate market is beginning to wilt.
Updated: November 10, 2015EURUSD fell to a new low for the month today, below $1.07. You can read a variety of explanations about why that happened. Yet none tell you what should happen next. Elliott waves, on the other hand, do.
Updated: November 9, 2015Bond prices have been trending lower (yields rising), and investors appear vulnerable to even greater volatility. Learn why selling pressure could accelerate.
Updated: November 6, 2015Many pundits are celebrating the 271,000 jobs that were added in the U.S. (October). New research reveals the caliber of many of the new jobs created during the economic "recovery." See the five-wave form of the rise in mean U.S. income.
Updated: November 5, 2015On October 22, EURUSD, the world's most popular forex market, fell sharply -- and it was widely blamed on a statement by the president of the European Central Bank, Mario Draghi. Now, watch the move explained from the Elliott wave perspective.
Updated: November 2, 2015Halloween is past, but the financial walking dead are still among us. We look at a financial services firm that has seen its share price drop, despite aggressive stock buybacks. Take a look at these two charts.
Updated: October 30, 2015Investors and presidential hopefuls alike have been criticizing the Federal Reserve. The central bank appears uncertain about its monetary policy. Will the Fed even be around in 10 years?
Updated: October 30, 2015What do NYC taxicab medallions and stock market shares have in common? Well, let's just say, borrowing money to buy into either asset with the hopes of ever-rising values doesn't end well
Updated: October 27, 2015This is a weekly chart of the natural gas market. It posted on October 2, in our monthly Global Market Perspective publication. A lot has happened since then, but, on Oct. 2, this chart showed the five-year high...
Updated: October 26, 2015Deflation is already a reality in many quarters of the global economy. Mounting evidence suggests that the full fury of this trend is about to be unleashed. Give our just-released dispatch on deflation your immediate attention.
Updated: October 22, 2015Our Chief Commodity Analyst Jeffrey Kennedy values the Wave Principle not only as an analytical tool, but also as a real-time trading tool. In this excerpt from the Best of Trader's Classroom eBook, he shows you how the Wave Principle's built-in rules can help you set your protective stops when trading.
Updated: October 22, 2015The euro plunged Thursday morning in a most dramatic fashion. Analysts rushed to blame the ECB's president Mario Draghi. But here's why the sell-off was in the cards well before his statement. Let's let these two charts do the talking.
Updated: October 21, 2015The mood of investors gradually transitions from risk-on to risk-off. But once fear takes full control, the rush to the exit is like a stampede. In some ways, today is like 2007. See what we see.
Updated: October 7, 2015Homeowners were using their homes as ATMs around the time of the 2006 peak in housing prices. Today, many people are again borrowing against their homes. Learn why the housing market is prone to "boom and bust."
Updated: October 5, 2015Last Friday (Oct. 2) at 9:06 AM, the editor of our Currency Pro Service, Jim Martens, emailed me with a three-letter subject line: "EUR."
Updated: October 2, 2015In December 2014, we discussed an indicator that appeared to carry "the same message as it did in 2007." The Dow Industrials topped just five months later. Now, the stress level is even more intense.
Updated: October 1, 2015Blaming the euro weakness on "negative inflation" -- or, deflation, if you call a spade a spade -- is a logical choice. After all, the euro did get weaker after the report. However, if you look at these EURUSD charts, you'll see that this weakness started days ago.
Updated: September 29, 2015This S&P 500 chart covers the past 4 years. The relevant dates are October 4, 2011 (an important low) and, recently, September 21 -- the date we posted this chart in our Short Term Update. Between those dates are two great pieces of visual evidence. First...
Updated: September 28, 2015For most of this summer, the U.S. stock market was about as volatile as a yoga retreat. Now, it's a model of turbulence. Yet somehow, the mainstream experts have insisted that both volatility scenarios are bullish! Keep reading...
Updated: February 10, 2014Fibonacci ratios show up throughout nature -- and in financial markets. Come see what we see.