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.

Micron: Sales Multiple Says Stop — Cash Flow Says Go

Micron has put investors in an uncomfortable position. The stock is trading near the richest price-to-sales ratio in its public history, and the forward cash flow estimates make it look inexpensive at the same time. Both statements are supported by the data. Neither one cancels the other.
by Levi - 2 days ago

Don’t Bank On It: A Troubled Community Bank in New Jersey

With this article, we continue our new series, “Don’t Bank On It,” which we intend to write for the foreseeable future. Those of you who have been following our public banking articles know that we have been highlighting the major existential issues currently sitting on many bank balance sheets. In this series, we focus on the existential issues found on one specific bank’s balance sheet. We also challenge readers to figure out which bank we are covering in each article. Our next highlighted bank is a publicly listed US community bank with roughly $3B in assets. It operates mainly in New Jersey and looks like a traditional conservative local bank.
by Avi Gilburt - 5 days ago

The Level Was There Before The Policy — 10 Year Yields (TNX)

The 4.75% level on the 10-year TNX chart had been identified as standout resistance for several weeks now — it’s been on my chart this entire time. Not since last Wednesday. Not after the CNBC piece. Weeks. It’s been tested three times, and it has held three times — and the third of those attempts happened to land in the middle of the largest verbal intervention in the long end we’ve seen in this cycle.
by Levi - 1 week ago

NVDA: Who Stops the Music?

The earnings are real, no fundamental catalyst is sitting there waiting, and there remains a case for buying dips selectively in the strongest names. But should this current structure continue to play out as illustrated, then price should correct into the fall of this year.
by Levi - 1 week ago

In Case You Missed It ... Week Ending Friday August 21, 2026

In his latest column sharing some of the week's posts he thinks you shouldn’t miss, EWT analyst Lou Alfieri summarizes the week in the markets and highlights Avi's SPX, GDX and USO analysis, along with a range of analysis by Jason Appel in his Beginners Circle Webinar (available to all EWT members) and in his EW Counts Webinars and posts throughout the week in Avi & Mike's Market Alerts service.
by Lou Alfieri - 2 weeks ago

Yes, Fibonacci Works in BTC Futures!

I can't tell you that I predicted the type of rally we got off this area, but the support held beautifully and with this really we cleared quite a bit of overhead resistance within the last few trading days.
by Carolyn Boroden - 2 weeks ago

LyondellBasell (LYB): The Value Trap Is Becoming a Setup

Some stocks seem priced cheap because the market has overreacted to the downside. Others are cheap because the business is not earning enough to justify a higher price. Telling those two situations apart is most of the work, and for a long period of time LYB sat squarely in the second group.
by Levi - 2 weeks ago

Demand Was Never IREN’s Problem — Delivery Is

IREN has the contracts signed. It has the funding in place. What it does not have is unlimited time — and the chart is where that clock gets read.
by Levi - 2 weeks ago

Hecla’s Best Quarter Met Cooling Sentiment

The balance sheet did not cause this pullback in price and it will not end it. This was sentiment in silver.
by Levi - 3 weeks ago

SPCX + TSLA: Same Building — Separate Invoices

On August 6, Tesla and SpaceX confirmed the Terafab site for the largest fab ever attempted. They are building it together in Grimes County, under one roof. But they are not paying for it the same way, and that difference is the only thing that matters to either chart. SpaceX pays in stock the market values at a premium. Tesla pays in cash from a quarter that produced a 1.4% operating margin and negative free cash flow. Same building. Separate invoices.
by Levi - 3 weeks ago

Don’t Bank on It: Nothing Is Good In California

With this report, we continue the “Don’t Bank On It” format: a concentrated review of the existential risks sitting on one bank’s balance sheet. We also challenge readers to figure out which bank we are covering in each article. Our fourth highlighted bank is a publicly listed US bank with more than $30B in assets. Its branch network, deposit franchise, and a substantial portion of its real-estate lending are focused on California.
by Avi Gilburt - 3 weeks ago

In Case You Missed It: Week Ending Friday Aug 7, 2026

In his latest column sharing some of the week's posts he thinks you shouldn’t miss, EWT analyst Lou Alfieri summarizes the week in the markets and highlights several of Avi's as well as Levi's SPX posts, MikeG's RTY chart, Avi's Pre-Weekend Metals Update, and MarkZ's Bi-weekly Sector Review (done in a video format this week).
by Lou Alfieri - 4 weeks ago

Metals: Pre-Weekend Update

With the continued strength in the metals complex, it has to make us strongly consider that the bottom is already in place. So, let's discuss it.
by Avi Gilburt - 4 weeks ago

12 Metals & Mining Wave Setups Reach Resistance Today

Twelve of our recent Wave Setups in MMA hit their next resistance levels today triggering updates!
by Zac Mannes - 1 month ago

In Case You Missed It: Week Ending Friday, July 31st, 2026

Lou summarizes the week in the markets and highlights individual analysis in the room by Avi (SPX counts), MarkZ (biweekly sector report), Carolyn (market video), and Mike Golembesky (risk management).
by Lou Alfieri - 1 month ago

ES + NQ into End of Summer

This week’s current low on ES+NQ will be very critical moving forward as we wrap up the rest of summer.
by Ricky Wen - 1 month ago

In Case You Missed It: Week Ending Friday, July 24th, 2026

In his latest column sharing some of the week's posts he thinks you shouldn’t miss, EWT analyst Lou Alfieri highlights posts by Avi, MikeG, Tammy and others on metals, equity indices and semiconductor stocks.
by Lou Alfieri - 1 month ago

Newmont Mining: Record Cash Flow — Trepidation in the Tape

Record cash. Heavy buybacks. A shrinking share count. A net cash position on the balance sheet. By many fundamental measures I can point to, NEM is a business firing on all cylinders. So here is the question that makes this interesting.
by Levi - 1 month ago

Don’t Bank On It: A Nationwide Digital Bank

In this series, we focus on the existential issues found on one specific bank’s balance sheet. We also challenge readers to figure out which bank we are covering in each article. Our third highlighted bank is a publicly listed U.S. bank with roughly $30B in assets. It is a nationwide digital bank, so it is not confined to a traditional branch footprint. It offers deposits and loans across the country through online and mobile channels, as well as affinity partners.
by Avi Gilburt - 1 month ago

SpaceX: The Top Was Mapped Before the First Trade — Now for the Landing

Before SpaceX traded a single share publicly, I published a target zone of $225 to $240 for where the post-IPO advance would likely end. The stock topped at $225.61.
by Levi - 1 month ago

Netflix Is Between Crowds

Sometimes a decline is not a verdict. Sometimes it is just an empty room. One group of people is leaving. Another group has not shown up yet. And in the space between them, price does what price does when there is nobody standing underneath it. That, I think, is Netflix right now.
by Levi - 1 month ago

What Is Your Goal With Elliott Wave Analysis?

While the goal is to increase your investment account, the wise investor approaches the attainment of that goal with a strong risk management plan in place. We are here in our little place in the world utilizing Elliott Wave analysis as a strong tool towards meeting those investing goals. But, in order to do so, you must understand what Elliott Wave analysis is and what it is not.
by Avi Gilburt - 1 month ago

In Case You Missed It: 19 Charts That Are Key to The Current Market Condition, Plus More

In the Beginners Circle Weekly Webinar this week, Zac Mannes reviewed 19 charts that are key to the current market condition. Also this week Mark Z posted his biweekly Sector Review and Ryan Wilday hosts a public webinar on Bitcoin.
by Lou Alfieri - 1 month ago

Five Trades. One Week. No Fluff.

Here’s exactly what went down in the ES room this week.
by Ricky Wen - 1 month ago

BAC Following Our Projected Path

Stock Waves posted a bullish Wave Setup on BAC back on 5/19 initially targeting the 60 level.
by Zac Mannes - 1 month ago

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