lundi 31 mai 2021
dimanche 30 mai 2021
New (free) resource for you: 'Gold Investor's Survival Guide'
With Bitcoin losing more than 50% off its April high and retail prices rising across the board, you may be looking for a place to park your cash.
How about something with a bit of a track record in that area, like gold?
In 1975, gold futures were created. From there, opportunities to trade gold have flourished via stocks, ETFs and options.
Today, the hardest part is knowing which gold setups are worth catching -- and which are best left alone. Our friends at Elliott Wave International think they can help you with that.
They just released a new report that helps you get on the right track fast -- and FREE. (It's easily a $49 value.)
In this free "Gold Investor's Survival Guide: 5 Principles That Help You Stay Ahead of Price Turns," you'll learn:
- What really drives gold prices (hint: it's not the Fed)
- Objective forecasting method to track and forecast gold's price moves
- How Elliott waves helps them know the trend, so they can stick with it
- ...and more!
FREE, read 'Gold Investor's Survival Guide' instantly at elliottwave.com.
Bitcoin: Here's the "$64,000 Question"
Will the cryptocurrency ever trade at its all-time again?
By Elliott Wave International
In the 1950s television game show, "The $64,000 Question," contestants answered general knowledge questions and the money they could earn doubled as questions became more difficult.
The show's title spawned the well-known phrase -- "that's the $64,000 question" -- which, as you probably know, means the crucial question which gets to the heart of a matter.
Well, "the $64,000 question" for bitcoin is: Will the cryptocurrency ever trade at its all-time of $64,899 again (which was reached on April 14 of this year)?
This is a top-of-mind question for many bitcoin investors who've seen the cryptocurrency bounce back from every "correction" since the start of its meteoric rise.
For instance, on Jan. 27, the headline of a major financial magazine asked (Forbes):
Bitcoin Has Crashed. Is This The End?
That was in response to Bitcoin's swift slide from near $42,000 to around $30,000.
Yet, bitcoin's Elliott wave pattern suggested that the price would rebound. Here's a chart and commentary from the Feb. 5 Global Market Perspective, an Elliott Wave International monthly publication which covers 50+ worldwide markets:
Our preferred [Elliott wave] count is that [Bitcoin] is advancing within the subwaves of a [larger up wave]. ... The wave IV (circle green) correction played out for most of January. Wave evidence suggests that the correction ended on Jan. 22.
vendredi 28 mai 2021
jeudi 27 mai 2021
US Initial Jobless Claims Fall to New Pandemic Low
The number of Americans filing new claims for unemployment benefits dropped by 38 thousand to 406 thousand, expectations of 425 thousand
mercredi 26 mai 2021
Bitcoin: More Volatility Directly Ahead?
Here's how Elliott wave analysis helps you prepare for cryptocurrency volatility
By Elliott Wave International
If there's a single word to describe bitcoin's price action, that word is "volatile."
Yet, those who invested roughly a year ago in the cryptocurrency -- and stuck with it -- have been hugely rewarded. (At least until very recently, as bitcoin traded more than 50% lower from its all-time high on May 19, as the price careened nearly 30% at one point on that day alone.)
Indeed, Elliott Wave International cryptocurrency analyst Tony Carrion provided a video update on bitcoin in the March 2020 Global Market Perspective, a monthly publication from Elliott Wave International which provides coverage of 50+ worldwide financial markets.
vendredi 21 mai 2021
True or False: Inflation = Stock Market Sell-off?
Before you answer, recognize that the "market has a law of its own"
By Elliott Wave International
The topic of inflation has been grabbing a lot of financial headlines.
Indeed, financial journalists have "blamed" inflation for recent stock market sell-offs.
On May 11, when the Dow Industrials closed 475 points lower, an intraday headline said (Reuters):
Wall Street drops on inflation jitters, led by tech stocks
The next day, on March 12, the sell-off persisted. Another financial news source noted (CNBC):
Dow tumbles 680 points in worst decline since January as hot inflation reading spooks investors
So, at least two news organizations agree that inflation was the culprit behind the sell-offs.
However, investors who follow the news closely may have done a little head scratching. Meaning -- at the start of the same week (May 10) -- the Dow climbed to a record high. So, were inflation worries absent on that day? Not according to this May 10 headline (CNBC):
Americans fear highest inflation in nearly a decade
Dear reader,
Here's a rare treat for you.
Seldom do our friends at Elliott Wave International produce a video issue of their most famous monthly publication, the Elliott Wave Theorist. When they do, the issue tends to provide a sweeping view of major market trends and (especially) turns, filled with charts, with editor Robert Prechter's voice-over providing a highly compelling narrative.
That's exactly what the recent April issue of the Theorist comprises.
In it, EWI provides their long-term outlook for 3 key markets: interest rates, commodities and stocks.
Robert Prechter originally delivered this presentation to a foundation on January 18, 2021. Since then, rates have followed the script by rising sharply. Commodities broke with their recent history as well and gained. Stock indexes made new highs -- and have seen some weakness since.
Theorist subscribers, who received the issue in mid-April, say:
"Just a quick line to say how much I enjoyed your presentation... Very thought provoking" -- Martin P.
"A well done and excellent Theorist which caused me to really think about 2021, as it unfolds." -- John M.
This single video issue sells for $108 in the EWI store. They are allowing us to share it with you FREE with this coupon code: WAVE2021. You need to simply enter the code and then sign up for Club EWI to watch.
Free, watch the April video Theorist free with code WAVE2021.
jeudi 20 mai 2021
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