Australia's Housing Market Soars, the Fundamentals in Ashes
by Nico Isaac
Updated: February 04, 2020
Does "Bad News" Drive Markets Down?
You just saw a clear answer from Australia's housing market.
So ... here's the better question: Does "news" drive markets at all? The simple answer is no. Investors who rely on news to make financial decisions are permanently a step behind.
Elliott Wave analysis anticipates trends and turns in markets, before they happen. It makes all the difference. For subscription information, follow the fast steps below.
On September 16, Tesla had finished up a significant selloff. The stock was moving up. The question was, "Where is it going from here? Up even more? Or is it about to sell off again?" Watch our Trader's Classroom editor show you the likely answer -- from watching gaps in real time.
After a 4-year low in March, Zillow soared to all-time highs on September 25. See why so many mainstreams analysts missed the, versus what we said to Trader's Classroom subscribers.
Back in March, in the thick of the sell-off, the Fed pledged to buy corporate bonds, as a "last-resort" measure. Investment-grade debt rallied. But Elliott waves were one step ahead. Watch our Interest Rates Pro Service editor explain using LQD, a corporate bond ETF.