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

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

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

Insider Selling in Stocks

Stocks: What to Make of All This Insider Selling Here are details of “The Great Cash-Out” Corporate insiders may sell the shares of their company for any number of reasons but one of them is not because they think the price is going up. In other words, insider selling can serve as a warning. For… Read more Insider Selling in Stocks