image_pdfimage_print

Buy or Sell? This Insight May Help You Decide

Option Market Optimism

Buy or Sell? This Insight May Help You Decide It’s a tough decision. We’d like to help by showing you some unconventional market evidence. By Elliott Wave International By February of this year, investors had almost forgotten what stock market volatility looked like. And then something unprecedented happened. On Monday, Feb. 5, the DJIA closed 1,175 points down, the biggest single-day drop in the index’s history. Since then, stocks have been going haywire. Was this spike in volatility unpredictable? Hardly. Our December 2017 Financial Forecast warned: The CBOE Volatility Index declined to 8.56 intraday on Nov. 24, the lowest level […]

Read More

Stock Market Optimism Approaches Days of Roman Empire

If there’s ever been a time to resist the impulse to follow the investing crowd, now is that time. Large speculators are making a bet that’s four times larger than what they made in January 2008. Take a look at this chart. Learn to Use Extremes in Optimism to Time Your Investments Better In this 14-minute video, you’ll learn how to combine Elliott wave analysis with extremes in market sentiment to reliably anticipate turning points in the markets. EWI Chief Market Analyst Steve Hochberg explains using an example in gold. Get instant access This article was syndicated by Elliott Wave […]

Read More

Trump’s Approval Rating Is Supposedly Only 37 Percent, But Small Business Optimism Just Hit The Highest Level In 12 Years

A Quinnipiac University Poll that was released on Tuesday says that Donald Trump only has an approval rating of 37 percent.  Meanwhile, that same survey found that Barack Obama currently has an approval rating of 55 percent.  Of course considering the fact that Quinnipiac polls showed Hillary Clinton winning the election in November easily, perhaps we should not put too much stock in these results.  But other polling organizations have come up with similar results.  In fact, an average of nine recent polls indicates that Trump’s approval rating is somewhere around 42 percent.  So without a doubt there are a […]

Read More

Hopium: How Far Can Irrational Optimism Take The U.S. Economy?

If enough people truly believe that things will get better, will that actually cause them to get better?  There is certainly something to be said for being positive and thinking that anything is possible.  And as Americans, optimism seems to come naturally for us.  However, no amount of positive thinking is ever going to turn the sun into a block of wood or turn the moon into a block of cheese.  Any good counselor will tell you that one of the first steps toward recovery is to stop being delusional and to come to grips with how bad things really […]

Read More