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.

IBKR: Who Holds Your Portfolio?

For Interactive Brokers (IBKR) we have a bullish bias based on the current snapshot as provided by Lyn Alden and the study of sentiment with Zac Mannes and Garrett Patten.
by Levi - 1 day ago

Sprouts Farmers Market: No Room For Error Here

The setup in SFM is ripe for a pullback. Let’s take a look at the fundamental snapshot with Lyn Alden and then how the structure of price is showing agreement with that picture.
by Levi - 2 days ago

Sentiment Speaks: Will It Be 7000SPX or 4000SPX In 2025?

If I had asked this question in January, almost all of you would have answered this question with 7000SPX, as almost all analysts and investors were certain that the market was heading to that target this year.
by Avi Gilburt - 3 days ago

Revealing Hidden Market Turns Through Advanced Fibonacci Mapping

Discover how overlapping Fibonacci time and price zones pinpoint critical reversals. Learn to blend price clusters with time cycles for stronger trade setups. Master triggers that define precise entries, minimized risk, and profitable targets.
by Carolyn Boroden - 6 days ago

U.S. Dollar Continues To Fill Out Its Downside Pattern

This past week was very much a repeat of the previous week for the DXY as it continued to move, filling out the larger downside corrective pattern that we have been watching for several months now.
by Mike Golembesky - 1 week ago

Weekly Crypto Report: Chop Continues

Zooming in, so long as Bitcoin holds above $68K, another run to between $116K and $120K in circle-5 looks viable.
by Ryan Wilday - 1 week ago

WalMart: Ready For A Rollback

Our Stock Waves analysts identify a bearish setup for the near term in WMT.
by Levi - 2 weeks ago

US Steel: An Emotional Moment In Time

Our Stock Waves analysts indicate the stock may be best as a near-term trading vehicle.
by Levi - 2 weeks ago

Tariffs? "What Tariffs?”, Says Crowdstrike

In StockWaves, Zac Mannes and Garrett Patten have recently released some 22 names that give solid projections to higher highs on their respective charts, and the potential for many to make all-time highs even in the face of the current uncertainty. We will look at one of those, CRWD.
by Levi - 2 weeks ago

The Power of Compounding Through The Conservative Approach

I want to take a moment to congratulate Lou Alfieri on completing his first full month with the VIX and Index/Sector Trading service. We recently reviewed the trades Lou executed during his first 30 days, and—unsurprisingly—he’s off to a strong, deliberate start.
by Mike Golembesky - 2 weeks ago

Verizon: Rotation On The Horizon?

If you were a bull, 2020 to 2024 were not kind years to the VZ chart. There can be many reasons assigned to the drop, which ended up shaving more than 50% off the stock from its high. Some may claim rotation out of slower growing issues into the hyper-froth that was tech stocks. While it remains to be seen just yet if that prior growth can be achieved once again, we want to focus on VZ at this juncture.
by Levi - 3 weeks ago

How is OMH Even Possible!?

Stock Waves has come up with a short list comprising two categories of stocks. The first type of stocks have greater potential to strike new highs to complete their respective 5th waves. The second category are stocks that seem to have more likely topped and have begun their bear markets and are good short candidates after the next bounce.
by Zac Mannes - 3 weeks ago

Tariffs Or Not, Here Comes NIKE

There has been and likely will continue to be those that will claim causation for this move down is squarely on the shoulders of tariffs. Is this really the case? Let’s take a look back at when NKE actually saw its peak - November 2021. Tariffs were not even on the investor chalkboard yet. This current downtrend from the 2021 high of $179 was already well underway.
by Levi - 3 weeks ago

Stick Save? - Market Analysis for Apr 3rd, 2025

It should be no surprise that we have been expecting this wave action to resolve to the downside and point us to the 5000-5100SPX region based upon our updates over this past week. Once the market made it clear on Monday that the green count had become much less likely, I began to outline the patterns as pointing down. The only question was whether we would be heading there directly or if we would see one more rally for a more expanded [b] wave.
by Avi Gilburt - 3 weeks ago

Each Chart On Its Own: A Review of BA

We have often cautioned in StockWaves that more bearish moves in the market can hijack even the most bullish individual charts. But that does not mean one should abandon ship on everything bullish at the first break of key support levels in the market indices.
by Zac Mannes - 3 weeks ago

Barrick Gold Corporation - Taking A Shine To Copper

If Newmont Mining (NEM) is the injured All Star on the team that is set to rebound from injury to come back better than ever, then Barrick (GOLD) has been the injured player that has been getting paid a lot of money to sit on the bench and do nothing. Some people might think of Barrick as the player that has not reached their potential.
by Mark Malinowski - 4 weeks ago

The Market Is Setting Up For A 500 Point Move

With the market topping out this past week just above the .382 retracement of the recent decline from the all-time highs, there are a number of ways to interpret this action. So, I am going to continue to elaborate on the paths we have been tracking, but I am also going to note two additional ways to view the action for the various reasons I will explain below. So, as I said in my updates over the last week, I still think we could be setting up for a 500+ point move in the coming weeks and months, and the market should clarify the path over the coming weeks.
by Avi Gilburt - 1 month ago

Anticipating The Rally In Gold

Our most recent daily setup in the June Gold Futures (GC) contract emerged from a symmetry support decision in the 3023.20-3030.90 zone.
by Carolyn Boroden - 1 month ago

Where Fundamentals Meet Technicals: ITUB

It's been more challenging to find alignments between fundamentals and technicals lately. Fundamentals on many equities broadly point sideways with a big range of uncertainty due to us being in a headline driven market. Many sentiment/technical indicators point down. One of the rare bright spots is Itau Unibanco (ITUB).
by Lyn Alden - 1 month ago

A Lesson From Merrill Lynch History

Herding is real. It is real when it causes the market to move up beyond reasonable “valuations,” and it is real when it causes the markets to move well below reasonable “valuations.” Ultimately, valuation is meaningless, as markets rarely trade at the mean or valuation and those using it as their primary investment focus cannot tell you how far beyond the “valuation” point the stock will run on either side.
by Avi Gilburt - 1 month ago

Market Sees A Retrace But Still Over Micro Support

Today we saw the pullback after the strong move up yesterday. At this point in time this pullback is still corrective in nature and we are well over the micro support/retrace levels.
by Mike Golembesky - 1 month ago

World Markets: Europe/Americas

A review of DAX, FTSE, STOXX, IBOV and IPC.
by Garrett Patten - 1 month ago

World Markets: Asia/Pacific

A review of Nikkei, Hang Seng, Shanghai Composite, Nifty 50, and XJO/ASX.
by Garrett Patten - 1 month ago

Monday Evening Addendum - Market Analysis for Mar 10th, 2025

The market has now taken us to the bottom of the support we have been watching for over 4 months.
by Avi Gilburt - 1 month ago

Welcome To Our Newest EWT Analyst

Lou Alfieri will provide members with a simplified approach to trade entries and exits based on Mike Golembesky's VIX and Index ETF trade setups.
by Avi Gilburt - 1 month ago

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