Patterns, the Presidency, and Elliott Waves

Most academics and economists have long resisted any suggestion that prices in financial markets are patterned. I find their attitude an endless source of curiosity. If collective behavior is patterned, and if financial markets are a collective activity, then it's common sense to believe that a price chart may be more than a bunch of squiggly lines....

Patterns, the Presidency, and Elliott Waves

most academics and economists have long resisted any suggestion that prices in financial markets are patterned. I find their attitude an endless source of curiosity. If collective behavior is patterned, and if financial markets are a collective activity, then it's common sense to believe that a price chart may be more than a bunch of squiggly lines....

VIDEO: 3 Ways To Set Price Targets

In the one you're about to see, Tom Denham, EWI's Senior European Equity Analyst demonstrates his technique of setting price targets for a potential trade using three factors: Common length proportions between market rallies, the theory of "round numbers," and Fibonacci projections.

3 Reasons Not To Speculate in Stocks …

Most people have begun to accept that the U.S. economy is in recession whether or not the National Bureau of Economic Research has labeled it a recession yet. If you, too, think that the economy is headed for hard times, the next question is, how do you prepare for it?

Soybean Meal: The Stage Is Set

It’s just my opinion, but the popular “take” on why futures markets do what they do sounds less and less like the wise and steady Owl AND more like the chicken with its head cut off. Harsh? Well, you be the judge. The following May 14 news stories on Soybean Meal say more than enough... 

No Recession? How About, "No Supporting Evidence"...?

Over the past week or so, some prominent columnists and news analysts have suggested that it's premature to declare that the U.S. economy is in recession. I found these stories somewhat remarkable -- not because they appear to be contrarian, but instead because "news" can still appear in print based upon a premise that has absolutely no supporting evidence....

China: The Road Ahead

In the last year, China’s image has taken more hits than Rocky Balboa’s punching bag as a tsunamic “wave of strife” crashes onto the People’s Republic shores. Today, I sit down with EWI’s Asian stock markets specialist Mark Galasiewski to discuss the “psychological” reasons for the reversal in China’s fortune.

VIDEO: Learn To Set Price Targets With Fibonacci

In the video you are about to see, Elliott Wave International's Senior Currency Strategist uses a chart of the euro-Swiss frank currency pair. In mid-March, the EUR/CHF stopped falling and staged a powerful rally. This video was recorded on March 6, several days before the rally began. So, not only is this a great lesson on using Fibonacci ratios to set price targets – it's a great forecast, too. Just watch.