A Singular History

More than 80 years ago, a modest genius near the end of his life made a breakthrough discovery.

R.N. Elliott

In 1934, R.N. Elliott’s landmark study of stock market trends showed that prices in the indexes are patterned. Elliott discovered that investors, as a group, swing from excessive optimism to excessive pessimism in predictable waves.

In turn, Elliott offered evidence of his discovery by making astonishingly accurate stock market forecasts.

What appears random and unrelated, Elliott said, actually traces out recognizable patterns — once you know what to look for. He called his discovery The Wave Principle, and the implications were huge. He had identified the common link that drives the trends in human affairs, from financial markets to fashion, from politics to popular culture.

A small circle of investment professionals kept Elliott’s Wave Principle alive in the 1950s and 1960s, quietly enjoying great success using it as a forecasting tool. In 1977, Robert Prechter and A.J. Frost began to introduce the Wave Principle to a wider audience.

The team of 20+ market analysts we’ve since assembled at Elliott Wave International is unique in the financial world. Bob Prechter still writes every issue of The Elliott Wave Theorist, yet EWI also has abundant research talent, forecasting support and mental horsepower at work under one roof. That’s why subscribers receive the standard for excellence in analysis.

Today Elliott Wave international is the largest independent technical analysis firm in the world. We cover every major financial index in the world, around the clock, and many of our publications have won top awards in their categories. We do not take our lead from Federal Reserve Policy, news headlines, Presidential elections or the latest economic statistics. In fact we forecast the forces that produce those outcomes, so we — and you — can expect them to happen.