Latest News at ElliottWaveTrader

Below is a sampling of articles by our analysts at ElliottWaveTrader. More than a dozen articles and several hundred shorter posts by our analysts are produced daily for members across all our services at EWT.

Stock Waves Charts of the Day: Eye On Financials

Our Stock Waves Charts of the Day video last night covered some of the big caps we follow, including some financial names which are starting to show more weakness.
by Zac Mannes - 4 days ago

Market Outlook: Don't Look Backwards, And Keep Collecting Your Dividends!

This report has a special focus on inflation and why the Fed will not be raising interest rates anytime soon, or possibly many years -- very bullish for equities!
by Rida Morwa - 6 days ago

Now Backtesting Daily 20EMA…Same Old Or Something New?

Price topped at 4549.5 on the Emini S&P 500 (ES) with a multi-low at 4446.5, so we outperformed the market while away last week with our prudently hedged portfolio.
by Ricky Wen - 6 days ago

A Top In European Indices?

The DAX turned lower last week, breaking below the prior August lows to signal a top already in place.
by Garrett Patten - 1 week ago

Nightly Crypto Report: Waning Quality Of Micro Charts

Bitcoin and Ethereum are weak, and the setups for higher are questionable.
by Ryan Wilday - 1 week ago

PTY: Unique Buy-The-Dip Opportunity For This 8.0% Yielder

It is only a matter of time until the price recovers in my opinion, as the hunt for yield continues.
by Rida Morwa - 1 week ago

Small-Cap Strength Boosts Market Internals

Our Odds indicator stays on the sell side, but internals have improved somewhat on the back of some strength from the small caps.
by Princely Mathew - 2 weeks ago

U.S. Dollar At Critical Support

This week the DXY continued to move lower deeper into the support zone for the potential wave ii that I have been laying out on the charts in white for several weeks now.
by Mike Golembesky - 2 weeks ago

HDI Receives Two Dividend Increases In Its Model Portfolio

Rida Morwa's High Dividend Investing (HDI) service at EWT (formerly called High Dividend Opportunities) has had two model portfolio holdings increase their dividends this past month.
by "System" - 2 weeks ago

Anticipating PYPL's Bounce Off Symmetry Support

Sometimes you just need to back up and look at the bigger picture, which we did in the case of PYPL.
by Carolyn Boroden - 2 weeks ago

Where Fundamentals Meet Technicals: TCEHY, TWTR, CCJ

This issue of “Where Fundamentals Meet Technicals” looks at two growth stocks and one commodity stock.
by Lyn Alden Schwartzer - 2 weeks ago

Market Outlook: Equities Soar, The Fed Confirms It Is As Dovish As Ever

We had another great week on Wall Street with the main driver being excess liquidity financed by the Fed and government spending.
by Rida Morwa - 2 weeks ago

SPY Bumping Against Resistance

With the odds shifting at the micro-level to that OMH camp, Bayes is playing that long swing trade as a Notes trade.
by Luke Miller - 2 weeks ago

Eyeing 16,000 On NDX

This continued push higher in the Nasdaq 100 is boding well for the primary path and a continued push up over the 16,000 zone in the NDX.
by Mike Golembesky - 3 weeks ago

Market Analysis for Aug 24th, 2021

We have positioned our portfolio to benefit from both a rebounding economy through "economically sensitive stocks" with their earnings strongly correlated to the recovery of the U.S. economy, and from hgher inflation through "inflation resilient stocks.
by Rida Morwa - 3 weeks ago

Ready To Ramp Again

The past 6 quick corrections have all held the 50-day area and then subsequently made new highs.
by Ricky Wen - 3 weeks ago

"B" Wave Bounce Trade

We got the volatility event and reset lower in price as forecasted last week -- we shorted the top, covered near the lows, and also went long with leverage near the lows on Thursday.
by Princely Mathew - 4 weeks ago

Eyeing S&P 500's Pattern Of 3-4 Day Declines

With the S&P 500 showing a pattern of declines lasting 3-4 trading days, we knew when to watch for a possible resumption of the rally.
by Carolyn Boroden - 4 weeks ago

Not Bearish Yet – But, Keeping An Eye On The Exit

While the market still “owes” us a 4th wave pullback, it has not provided us any indications that it has yet begun.
by Avi Gilburt - 1 month ago

Bearish Under The Surface

The Bayesian resistance band identified weeks ago at 440-444s in the SPDR S&P 500 ETF (SPY) continues to thwart any bullish advance.
by Luke Miller - 1 month ago

Market Outlook: Don't Hold Cash, The Future Of Equities Is Bright!

The reality is that U.S. investors holding cash in the bank or fixed-income are pouring into the stock market in search of higher yields.
by Rida Morwa - 1 month ago

U.S. Dollar Turns Back Down After A Retest Of The Highs

After pushing higher and re-testing the previous high at the 93.19 level last week we saw the DXY see a bit of a pullback into the end of the week.
by Mike Golembesky - 1 month ago

UPST's Bounce Off Symmetry Support

Carolyn Boroden identified a trade setup in UPST for members of her Fibonacci Markets & Stocks service.
by "System" - 1 month ago

European Indices Trade Mixed

The DAX Performance Index and Euro STOXX 50 traded higher today, while the FTSE 100 curled down slightly.
by Garrett Patten - 1 month ago

Lazy River Grind Up

Yesterday was another consolidation day, where the Emini S&P 500 (ES) attempted the 4435 key level breakout, but could not sustain.
by Ricky Wen - 1 month ago