This Sunday Edition will conclude our series on the Elliott Wave Theory (EWT). I hope you have enjoyed reading them as a different perspective on the markets, and hope I haven’t confused you too much.
To wrap things up we are going to analyze the S&P 500 and see what the future holds for the major stock market indices – that is, according to EWT. More →
Today we are going to analyze the long-term technical picture in the Gold market and introduce you to another nuance of the Elliott Wave Theory. It’s going to get a bit more technical.
Up to this point we have primarily discussed the basic A-B-C pattern known as a zig-zag which follows the completion of an impulse or motive wave and looks like this: More →
Today we continue with our series on Elliott Wave patterns and how to use them to identify the end of a bear market and the beginning of a new bull market.
The market we are going to focus on today is food commodities, specifically grains, and we’ll discuss where prices might be headed over the next several years.
The chart below is a long term chart of wheat which we will use as our proxy for the entire grain market. However, corn, soybeans, and oats all have similar price patterns on their long term charts as well. More →
It’s essential to understand that fundamental value will be only one of the factors determining a security’s price on the day you buy it. Try to have psychology and technicals on your side as well.
– Howard Marks
In my opinion, Howard Marks of Oaktree Capital is one of the savviest contrarian investors on Wall Street. It is in the spirit of trying to put the fundamentals, psychology, and technicals on your side that I’m sharing this series on the Elliott Wave Theory. More →
Over the last several months we’ve focused on sharing with you several of the fundamental metrics Thomas Moore uses to identify deeply undervalued companies on which to sell put options to generate income. We hope they’ve been beneficial.
In today’s Sunday Edition I’m certain to draw a lot of skepticism from those “purists” who believe that markets are both efficient and driven exclusively by the fundamentals.
On the other hand, if you believe that markets are not only irrational but are driven by psychology and what some like to refer to as “animal spirits,” then you might appreciate what I share over the next several weeks in these Sunday Editions. More →