Kondratieff Wave

Euro Stoxx 600: “Following the Script” “If the 2007 analogue holds, the current rally [will] persist …” On Oct. 24, 2022, Bloomberg said: Forget about a Santa rally to rescue European stocks from their doldrums, say strategists from Goldman Sachs Group Inc. to Bank of America Corp. A week and a half later, our November… Read more Euro Stoxx 600 Following the Script

Recently, Elliott Wave International’s president Robert Prechter gave a rare interview. He covered a lot of ground – from stocks and Bitcoin to the economy and gold. Our friends at Elliott Wave International are sharing Prechter’s interview with you free. Listen as Prechter explains why 2021’s extreme market sentiment made the Tulip Mania look like… Read more Tulip Mania Was Nothing

Stocks and Junk Bonds: “This Divergence Appears Meaningful” “Everything was aligned until February 2” The trends of the junk bond and stock markets tend to be correlated. The reason why is that junk bonds and stocks are closely affiliated in the pecking order of creditors in case of default. The rank of junk bonds is… Read more Divergence in Stocks vs Junk Bonds

Insights into This “Ultimate Harbinger” of the Bear Market Enthusiasm for U.S. IPOs seems to be dramatically decreasing Back in early 2021, many investors were chomping at the bits to invest in entities about which they knew next to nothing. These entities are known as Special Purpose Acquisition Companies (SPACs), which may be described as… Read more Harbinger of the Bear Market

Stocks: Possible Replay of an Ominous Price Pattern “I became panicky and covered at a considerable loss…” The reason price patterns tend to repeat in the stock market is that investor psychology never changes. The Elliott wave model directly reflects these largely predictable swings in investor psychology. That’s what the Elliott wave principle is all… Read more Possible Replay of History

Will These 2 Sectors Lead the Stock Market Lower? This key sector continues to be “fragile” Although it doesn’t feel like it sometimes, the U.S. stock market has been in a downtrend since January 2022. The reason it doesn’t feel like it is because the S&P 500 has been in a narrow trading range between… Read more Sectors Leading Lower

How “Insane Optimism” is at Work in the Stock Market “Stock investors are so bullish that they are…” Many technical indicators are highly useful, yet the price moves of the stock market really boil down to two things: optimism and pessimism. Major trend turns tend to occur when extremes are reached in either optimism or… Read more Insane Optimism in Stocks

Corporate Bonds: “The Next Shoe to Drop” “The neckline has been broken over the last few days” A “calamity” is likely ahead for corporate bonds, says our head of global research, Murray Gunn. Some of Murray’s analysis involves the head and shoulders, a classic technical chart pattern. In case you’re unfamiliar with it, here’s an… Read more Next Shoe to Drop: Corporate Bonds

Explosive Rise in Stock Market Volatility! Why It May Be Ahead There are now S&P options that expire each day of the week. What that may mean. Here’s a Wall Street Journal headline from a couple of months ago that some people may have scanned without much contemplation (Jan. 11): VIX, Wall Street’s Fear Gauge,… Read more Rise in Stock Market Volatility Ahead

U.S. Stocks: Why Acting Independently Has Never Been More Important “Individual investors have been snapping up stocks at the fastest pace on record” More than 20 years ago, when I was working for another company, I remember hearing a colleague say that he doesn’t look at his monthly 401k statements. The implication was clear: He… Read more Retail Investors Jump In

Why Oil Prices Fell in the Face of “Supply Shock” “Crude should be at the forefront of a…” Looking back on 2022, one of the biggest fears about oil was that prices would skyrocket even more than they did due to a disruption in supply from Russia. Of course, Russia has been a major world… Read more Why Oil Prices Fell Despite Supply Shock