Bitcoin, gold, silver and major U.S. stock indexes have reached their highs at different times. Meanwhile, investors are pouring record amounts of money into new stocks and technology funds.
Why is that combination worth watching?
In this video, we examine three revealing charts from Robert Prechter’s August Elliott Wave Theorist — including similarities to market behavior surrounding 2000 and 2007:
To see Prechter’s complete analysis — and stay on top of these market developments as they unfold — subscribe to The Elliott Wave Theorist.
Robert Prechter, Elliott Wave International’s founder and president, has been publishing The Elliott Wave Theorist continuously, every month, since 1979.
Stocks, bonds, credit, debt, inflation/deflation, social trends… the topics you’ll see in the Theorist vary. Each month, Bob picks the subject areas subscribers most need to read about right now.
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And if you want to go beyond the big picture and follow the market more closely, check out EWI’s Flagship Services.
It combines Prechter’s long-term perspective with monthly market analysis and updates three times a week — so you can see the bigger trend and stay on top of what’s happening along the way.
Robert Prechter Founder and President, Elliott Wave International
Robert R. Prechter’s name is familiar to market observers the world over. Since founding EWI in 1979, Prechter has focused on applying and enhancing the Wave Principle, R.N. Elliott’s fractal model of financial pricing. Prechter shares his market insights in The Elliott Wave Theorist, one of the longest-running financial publications in existence today. Prechter has developed a theory of social causality called socionomics, whose main hypothesis is endogenously regulated waves of social mood prompt social actions. In other words, events don’t shape moods; moods shape events. Prechter has authored and edited several academic papers. He has written 18 books on finance and socionomics, including a New York Times bestseller.
