Cotton: The Touch, The Feel Of Elliott Wave Analysis In Action
Question: What's the difference between Elliott wave analysis and other methods of technical analysis of the financial markets? Answer: While most other methods are only good at identifying the direction of the current trend -- which is nothing to sneeze at! -- Elliott wave analysis ALSO helps you determine where that trend may end, when a tradable turning point could arrive, what the critical support and resistance levels are, and at what point will prices confirm or negate the analyst's forecast, i.e. letting him/her know whether she's on the right track or whether it's time to reevaluate.
Stock Market Insight: "Will The Selloff Mark Something Larger?"
EWI's Chief Market Analyst Steve Hochberg says the market has been in an "upward correction" since the July 1-2 lows. He's mainly looking at two very near-term alternatives. The price targets Steve mentions could have you sit up in your chair at full attention...
Social Mood – The Invisible Hand Behind Economics 101
Once you accept that social mood is the invisible hand behind economics 101, the cause-effect dynamic playing out before you becomes that much clearer.
Deflation: The Black Swan Has Been Spotted
Up until recently, the mainstream experts put the likelihood of deflation transpiring in the United States at whatever the current odds are of Mel Gibson finding a date; i.e. nill to none. Their catchphrase for the rare and unexpected nature of a deflationary event was "Black Swan." And as the following news items from 2008-2010 show, very few imagined this "bird" migrating onto the economic shore...
The "Early Bird" Conquers the Crash
When you act before a big storm arrives, you'll be prepared -- no last-minute scurrying as it hits. This applies equally to a financial "storm"...
"$100,000 A Year for Part-Time Work"
People tend to get agitated when they learn that some part-time city employees are earning $100,000 a year. Yes, it's another "can you believe this?" financial story of a California town...
How to Use Technical Indicators to Complement Elliott Wave Analysis
The MSCI Asia Apex Index combines 50 of the largest stocks in Hong Kong, Taiwan and Korea. The following Elliott wave development in the index provided Elliott Wave International's Asian-Pacific Short Term Update Editor Chris Carolan an opportunity to show his readers how he uses three of his favorite technical indicators to anticipate trend changes.
Clearing The Commodity Debate: One Market At A Time
These days, the mainstream commodity experts are more divided than the Team Edward versus Team Jacob "Twilight" fan base. One recent news item represents the optimists and reads, "Commodity boom will continue. These crucial goods are a safe haven in turbulent times." While another one right below it speaks for the bears: "Global Commodities Teeter On the Brink of Price Relapse." Then, there's the independent third party: EWI's chief commodity analyst and long-time Futures Junctures Service editor Jeffrey Kennedy.
Financial Markets: Inefficient, Patterned, Predictable
The Elliott Wave Principle's main claim -- and the hardest one to swallow -- is that mass investor behavior is not random, but patterned. And since it's patterned, it is also predictable. This assertion goes against most economic theories, which claim precisely the opposite: that markets are random and unpredictable. The dominant theory among these is the Efficient Market Hypothesis...
This assertion goes against most economic theories, which claim precisely the opposite: that markets are random and unpredictable. The dominant theory among these is the Efficient Market Hypothesis.
