The Green-Eyed Monster Surfaces
by Editorial Staff
Updated: July 15, 2021
"Man is a social animal." We're not sure who said it, but we completely agree.
Putting an Elliott wave spin on this phrase, "humans are subject to unconsciously shared mood" -- or social mood, for short.
Social mood has an immense influence on every area of public life. It regulates buying and selling investor behavior, too -- as well as investors' attitude towards the markets.
Today, if you feel that "everyone's getting rich but me," you're not alone. Far from it! Lots of people feel the same way, and it's not a surprise. Why?
In a phrase, social mood. Watch as we revisit big market pivot points of the past two decades.