Tag: Elliott wave analysis

How to Tame the Volatile Financial Markets

Posted on by The INO.com Team

No matter how volatile the market, a FREE report shows you five ways the Elliott Wave Principle can improve your trading

By Elliott Wave International

Up, down, up, down; 200 points higher, 300 points lower; rinse and repeat!

It isn't easy being an investor in the U.S stock market these days. Honestly, it feels more like being in a clinical trial for mood stabilizers. Or, as the market oracle himself Warren Buffett described it in December 2014:

"Mr. Market is kind of a drunken psycho. Some days he gets very enthused. Some days he gets very depressed. And when he gets really enthused... you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that."

Moral taint, no. But, there is a pretty significant learning curve attached to that. To wit: You have to know in quantitative terms what "really enthused" or "depressed" looks like on a price chart -- before the mood swing. As in tangible, objective criteria that signals Continue reading "How to Tame the Volatile Financial Markets" →

Indian Stocks: You Want a REAL Opportunity? Know WHEN to Look for It

Posted on by The INO.com Team

Why the Nifty and many other emerging market stocks screamed "Buy!" three months ago

By Elliott Wave International

From Elliott Wave International's February Asian-Pacific Financial Forecast (published Feb. 7):

...Bloomberg reports that "more than $7 billion flowed from ETFs investing in developing-nation assets in January, the most since the securities were created." Such massive selling...supports our view that emerging markets are ending large-degree three-wave declines.

Conventional observers are asking the question, "Is this 1997 all over again?" (The Economist)

The way we see it, the return of such headlines in January supports another significant low now -- from a contrarian perspective.

EWI's Asian-Pacific Short Term Update editor Chris Carolan soon echoed those bullish views. Here is a forecast the APSTU made for India's Nifty Index on March 4:

The strong short-term Nifty rally has pushed prices above their upper daily Keltner channel resistance level.

Look for this [rally] up to push through the 2014 highs at 6400 in coming sessions.

The intraday Keltner channel slope is steep, indicating this trend has enough strength for sharp short-term gains.

You've already picked up on the indicators we used to turn bullish on emerging markets in general, and on India in particular: Continue reading "Indian Stocks: You Want a REAL Opportunity? Know WHEN to Look for It" →