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.

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 - 4 days 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 - 5 days 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 - 1 week 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 - 1 week 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 - 1 week 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 - 1 week 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 - 1 week 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 - 2 weeks 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 - 2 weeks 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 - 3 weeks 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 - 3 weeks 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 - 3 weeks ago

World Markets: Europe/Americas

A review of DAX, FTSE, STOXX, IBOV and IPC.
by Garrett Patten - 4 weeks ago

World Markets: Asia/Pacific

A review of Nikkei, Hang Seng, Shanghai Composite, Nifty 50, and XJO/ASX.
by Garrett Patten - 4 weeks 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

SPX Mid-Day Update

For now, I am still going to maintain a primary view that we have one more rally yet to be seen before the major top is struck, but the potential of the red [5] top along with the uncertain structure of this decline adds further risk to placing cash back into the market.
by Avi Gilburt - 1 month ago

Cameco: Doh! A Vertically Integrated Story

The nuclear industry, along with Cameco, is innovating with Gen IV reactors, safer fuels, and advanced manufacturing, making nuclear power safer and more efficient.
by Mark Malinowski - 1 month ago

U.S. Dollar Still Holding Support and Pushing Higher

After moving lower over the past several weeks, The U.S. Dollar held support last week and has since moved higher into the end of this week. This is keeping the door open to the purple count still needing yet another higher high but should we begin to break under the low that was struck last week, then it would once again open the door to a top already being in place. For now and as long as that low holds, we still can see another push higher before any significant top is seen.
by Mike Golembesky - 1 month ago

Nightly Crypto Report: In the Opportunity Zone

Bitcoin is in the zone where it can find a bottom.
by Ryan Wilday - 1 month ago

Wild Week For The U.S. Dollar But Still No Resolution

We saw the DXY push sharply higher in the early part of the week only to be rejected and move lower into the end of the week.
by Mike Golembesky - 2 months ago

Sentiment Speaks: A Long-Term Bear Market Is Simply Impossible Today

In a number of past articles, I have tried to prepare those reading my analysis for the strong probability that we can see a long-term bear market. I have outlined the many reasons supporting my perspective, and have provided a few supporting charts in various prior public articles. But, I will tell you that the pushback I have seen that this is even “possible” is much greater than I had expected.
by Avi Gilburt - 2 months ago

Where Fundamentals Meet Technicals: WMT

This issue of Where Fundamentals Meets Technicals takes a look at Walmart, which has received a surge of interest over the past year.
by Lyn Alden - 2 months ago

Fibonacci Setup In AMZN Pays Off

In mid-January we had a nice setup in AMZN. It was not the highest probability setup at the time, but it ended up playing out nicely so far.
by Carolyn Boroden - 2 months ago

Slow Day As Market Grinds Higher

Today we saw the market grind higher, giving us a potentially completed micro pattern off of the January 13th low.
by Mike Golembesky - 2 months ago

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