Elliott Wave International Master Theme.
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May 20-24: More Bad Press for Boeing, Ethereum Gets an ETF, and JP Morgan Still Bearish
1 Boeing was shaken by negative press again this week when a Singapore airlines passenger died on a 777 Flight. The flight was hit by severe turbulence that resulted in […]
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What New York City’s Art Auctions Tell You About the Stock Market – and Social Mood
The fall and spring auctions in New York City are the art market’s bellwether sales events. And according to The New York Times, the results from the City’s spring art auction season “tell a story of a masterpiece market come down to earth.” The article notes that the spring sales at Christie’s, Sotheby’s and Phillips…
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Are Silver’s Days as “No. 1” Metal Numbered? Elliott Wave Signs Say — Get Ready to Gasp!
Between April 2023 and March 2024, silver was about as exciting as a tree sloth slogging sideways to lower. But then, in March, the white metal came alive and tore to 11-year highs in May. Everyone loves the metal now, but learn why it stole our hearts months ago.
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Silver Is White Hot! (Video)
Three months ago, silver bulls were few and far between. Naysayers cited “Inflation fears,” “dovish fed” and “macroeconomic headwinds in China.” At the same time, Short Term Update editor Steven Hochberg spotted a completed Elliott wave pattern and posted this update and chart for subscribers…
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CORN: From 3-Year Low to Annual High to…? Elliott Waves Help Fill in the Blanks
In late February, corn prices were in the grips of the steepest decline in a decade. And, according to the mainstream experts, every “fundamental” fork in the road was “bearish.” The Elliott wave spoon, however, served up a different picture: a bullish rally. Spoiler alert: the spoon was right!
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May 13-17: GameStop, Corn Selloff, and The Fed
1 Meme stocks are making a comeback this week as Gamestop jumped almost 120% before trading was halted on the popular stock. Enthusiasts seem to think that a 300% rally […]
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Gold: How to Gauge Investors’ Level of Interest (Video)
Investors the world over are wondering if gold’s rally has any more steam. Let’s examine recent Gold Open Interest and how that compares with prior price advances.
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If You’re Using “Market Fundamentals” to Forecast Commodities, STOP, DROP and READ This RIGHT NOW
In 2020, the “market fundamentals” path for live cattle pointed south care of the 800-knot gust of pandemic winds. But cattle’s next mooooooove would upend all mainstream logic and lead to a 3-year long bull run to record highs. Follow along today!
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No Pants? Right This Way! (Video)
You’ve seen the sign “No Shirt – No Shoes – No Service” in some convenience stores. But today, “no pants” is not just a “beach bum” look – it’s the hottest trend in women’s fashion. Now, what does it have to do with the financial markets, you may ask? In a word, everything. Mood Riffs…
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Hedge Funds Dominate Wall Street: What Could Go Wrong? (Video)
Groupthink pervades all subsets of financial market participants – individual investors, financial advisors, corporate insiders, hedge fund managers and others. Let’s focus on one of these subsets – hedge fund managers. You might be surprised by what you learn.
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