Non-Confirmation in Europe

What You Can Learn from Europe’s “Dow Theory”-esque Non-confirmation By Brian Whitmer | European Financial Forecast editor Charles Dow (yes, the one with the averages named after him) developed a foundational concept in technical analysis that requires that price movement in industrial stocks and transportation shares confirm one another. The main condition for a Dow… Read more Non-Confirmation in Europe

China-Taiwan Conflict

Is a China-Taiwan Conflict Likely? Watch the Region’s Stock Market Indexes By Mark Galasiewski | Elliott Wave International The U.S. government in early May sanctioned 300 Chinese entities for supplying machine tools and parts to Russia for its war against Ukraine, while in mid-May Russian president Vladimir Putin made a two-day visit to China. In… Read more China-Taiwan Conflict

Trouble Lies Ahead

Trouble Lies Ahead. Are You Ready For It? By Steven Hochberg | Elliott Wave International Conversations about whether or not the Fed will cut interest rates any time soon continue to dominate the airwaves. But we are looking elsewhere for signs about where markets and the economy are headed. Having observed market behavior for 45… Read more Trouble Lies Ahead

Calm in the markets

Stoxx Europe 600: What Signs of Investor Exuberance Keep Telling Us Every day, you read news stories about the state of the economy and the stock market affecting consumer and investor behavior. The story goes something like this: When the economy and financial markets show signs of improvement, consumers start to spend more, and investors… Read more Calm in the markets

AI Revolution

Global X Robotics & Artificial Intelligence ETF (BOTZ) looks like it is having a counter trend rally. This was foreseen as in the following article from Elliot Wave International back in March 2024: AI Revolution and NVDA: Why Tough Going May Be Ahead “These things could get more intelligent than us” The topic with all… Read more AI Revolution

Another Bank Failure

Another Bank Failure: How to Tell if Your Bank is At Risk Another bank failure, another underperforming share price. Philadelphia-based Republic First Bank was closed down on Friday, April 26, and the assets were sold to Fulton Bank. Republic First becomes the first bank failure of 2024. Given our outlook for the stock market and… Read more Another Bank Failure

Time Tested Indicator

Why You Should Pay Attention to This Time-Tested Indicator Now “How High Can Markets Go?” — asks this magazine cover Paul Montgomery’s Magazine Cover Indicator postulates that by the time a financial asset makes it to the cover of a well-known news weekly, the existing trend has been going on for so long that it’s… Read more Time Tested Indicator

Bullish Buzz at Highest Level

This “Bullish Buzz” Reaches Highest Level in 53 Years Learn what the AIM Index reveals By Elliott Wave International Yes, there’s been a recent pickup in stock market volatility, but overall, bullish sentiment remains very much alive and well. Indeed, here’s a Feb. 18 Yahoo! Finance headline: A Bull Market is Here. On April 9,… Read more Bullish Buzz at Highest Level