Anyone who enjoys eating fruit knows there's a fine line between ripe and over-ripe.
If it sits in the fruit bowl too long, over-ripe turns rotten.
As experienced investors know, the stock market goes through similar phases. An overbought, or over-ripe, market can spoil quickly.
Take a look at this chart for example (wave labels removed), and ask yourself, is the stock market on the verge of spoiling? Continue reading "When an Over-Ripe Market is Ready to Spoil"
In the late '70s, Peter Brandt emptied his trading accounts several times. He'd lose a string of trades, then refund his account, then "wipe out" all over again.
But he persisted because he knew he was meant for a trading career. His determination paid off.
In 1982, a currency chart "sang a song" for Brandt. By that time he had saved his earnings and supplied his trading account with a healthy sum. Continue reading "How Does a Trader Who Runs from Risk Achieve THIS Track Record?"
Elliott Wave International has long observed that external events do not alter the dominant trend of financial markets -- not even major events like wars, natural disasters, terrorist attacks, political assassinations or any other news that makes headlines.
Now, it is true that news can sometimes have a near-term effect on market prices. Continue reading "The Surge Higher in U.S. Markets: "The Stage is Being Set""
Financial markets always have and always will pose two basic questions that investors seek to answer:
Systematic approaches to these questions commonly belong to either fundamental or technical analysis. Let's consider each one briefly. Continue reading "The Drop Like a Rock Scenario for U.S. Markets"
Can an investor ever know enough about financial markets to make a truly informed decision?
Even professionals must cope with imperfect knowledge, and the constant uncertainty that comes with it. That's why every investor looks to others for signals about what to do. Continue reading "Witness the Epic Battle Between Investor Hope and Investor Fear"
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