Senior Analyst Jeffrey Kennedy shares techniques that helped spot a trading opportunity. By Elliott Wave International If you use Elliott in your technical analysis, you may already use Fibonacci ratios to determine targets and retracement levels in your charts. But have you heard of “Fibonacci Clusters?” Elliott Wave Junctures editor Jeffrey Kennedy shares his charts […]
Independent Investors Should Explore Trading Options
Three investment sectors, Energy, Home Construction in the United States and Precious Metals are predicted to do very well in 2013. Last year, they performed moderately with gold hitting an all-time high in 2011 and nearing that high again in 2012. The 2008 recession has countries and traders all over the world still leery. Although […]
Three Investment Sectors Ripe for Speculation in 2013
With sovereign economies around the world still trying to find their footing after the global financial crisis of 2008, investors are looking at industries and investment sectors that will present opportunities for speculation and profit in 2013. Although the economy of the United States is far from a full recovery, Wall Street has reacted positively to […]
Online Trading On Your Own
Achieving large trading profits is now more attainable than ever for independent investors willing to invest the time and resources to succeed. The financial industry underwent a fundamental transformation during the information technology revolution in the mid-1990s that delivered the ability for individuals to eliminate the high costs associated with professional investment advisers in order […]
Bulls are Still in Control- Yellow Flags Raised
As of the close Tuesday, the bulls remained in control, but there are reasons to pay attention this week with an open mind: Bond yields are falling, which leans risk-off. The ratio of stocks vs. the VIX is facing overhead resistance. The ratio of stocks vs. bonds has stalled. The European economy remains vulnerable. Bond […]
Don’t Trade Forex Looking in the Rearview Mirror
The foreign exchange (forex) market has a huge trading volume giving it high liquidity and making it the largest asset class in the world. Unlike individual exchanges like the London or New York stock exchange it is geographically diverse and operates continuously 24 hours a day (except on weekends). It also encompasses a variety of factors that affect exchange rates. It […]
Solitaire is Not Stock Picking But…
I believe every squandered minute is a piece of my life I will never get back. But a couple months ago, I saw my wife playing a game on her phone and remembered that my phone has games on it too… and sometimes one is just too tired or jet-lagged to do good work. So I […]
Prechter: “This is Not a Picture of a Bull Market”
The three-and-a-half-year rally has occurred on declining volume By Elliott Wave International What a comeback for the Dow Industrials! From a March 9, 2009, close of 6,547, the senior index climbed to 13,610 on Oct. 5, 2012. Moreover, the Dow achieved this feat in the face of a weak-kneed economy, and it has grinded forward […]