FOMO: It’s Back
by Brian Whitmer
Updated: November 09, 2020
The "fear of missing out," or FOMO, is a term investment strategists use to describe the emotions of people who throw their money into the market when...
Well, about that "when."
Germans are known to be frugal. But this year, new stock investments by German savers have soared. They are afraid to miss out.
From the conventional standpoint, that's a bullish sign. But what about from an Elliott wave perspective?
Our Global Markets Strategist sheds some light on this FOMO's timing using the charts of the DAX and DJIA.