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Do Alcoa Shares Face An Uphill Battle?
And why the company's performance isn't driving its price.

By Nico Isaac
4/8/2013 8:30:00 PM

Alcoa Inc. is the first member listed on the Dow Jones Industrial Average and the world's largest aluminum producer. What's more, Wall Street tends to see Alcoa as the groundhog of corporate America -- meaning, if Alcoa's Q1 earnings see a negative shadow, winter will continue to limit economic growth in general. Yet if Alcoa's Q1 earnings look good, economic spring is upon us.

Filed Under: aluminum, Elliott wave, fundamental analysis, precious metals, Traders

Category: Gold and Silver


What Role Do Earnings REALLY Play In the Future of Alcoa Inc?
Over the past year, there has been no consistent correlation between positive earnings-per-share in Alcoa Inc. AND rising stock prices. Consider this.

By Nico Isaac
1/9/2013 4:45:00 PM

On Jan. 8, the financial media was astir as the first Dow Jones-listed company, Alcoa, reported its fourth-quarter 2012 earnings: Actual earnings and revenue came in as expected at 6 cents per share on $5.9 billion. And, according to the mainstream experts, a stable or rising trend in earnings will fuel the upside of stock prices. End of story. But really, the story is just beginning.

Filed Under: aluminum, earnings, Elliott wave, Elliott Wave trading, precious metals, Traders

Category: Gold and Silver


Several Industrial Metals Markets Make Decisive Moves
Prices in platinum, aluminum and palladium have taken clear steps in one direction

By Nico Isaac
12/13/2012 6:00:00 PM

Global metal markets have been a tale of two complexes for the past month. On one side: Industrial metal traders have felt a heart-pounding rush of adrenalin as several key markets enjoyed strong rallies to multi-month highs. On the other side: Precious metal traders have felt the jolt of waking up to smelling salts under their snoring noses, as gold and silver -- the stars of the metals markets -- have been caught in a stubborn sideways trend.

 

Filed Under: aluminum, copper futures, Elliott wave, platinum futures, precious metals, Traders, trading lessons

Category: Gold and Silver


Gold Prices: What Today's Big Drop Means for Tomorrow
EWI's Metals Specialty Service reveals key price levels that would confirm whether gold's downtrend is picking up steam OR stalling out.

By Nico Isaac
12/4/2012 4:30:00 PM

On Dec. 4, one of the day's main financial news reports did not start off with words, but rather with 4 consecutive numbers: 1-7-0-0. What it represented? The all-eyes-are-watching event as gold prices dipped below the $1700 per ounce level.
 

Filed Under: aluminum, copper futures, Elliott wave, Gold, precious metals, silver, Traders, video

Category: Gold and Silver


(Video) Alcoa Stock and Aluminum: Exciting Time for Both!
Alcoa (NYSE:AA) and aluminum prices have "come into critical price areas."

By Vadim Pokhlebkin
11/29/2012 6:45:00 PM

The editor of EWI's trader-focused Metals Specialty Service, Mike Drakulich, has just recorded a new 4-minute video forecast, "Aluminum and Alcoa: Exciting Juncture (Nov. 29, 2012.)"

Filed Under: aluminum, Elliott Wave trading, futures trading, technical indicators, video

Category: Gold and Silver


Market Insight: Spotlight on Palladium, Aluminum and Copper
Watch Elliott waves -- and other technical analysis indicators -- in action as the markets trade

By Vadim Pokhlebkin
11/27/2012 8:30:00 PM

November 27, Mike Drakulich, editor of EWI's Metals Specialty Service: "Excellent action continues in Palladium..."

Filed Under: aluminum, copper futures, Elliott wave, Elliott Wave trading, technical analysis

Category: Gold and Silver


Applying Elliott Wave Analysis to One Very Popular Metal Market
A brief but powerful lesson in how Elliott wave analysis can determine whether the near-term trend is your friend.

By Nico Isaac
10/15/2012 5:30:00 PM

EWI's Metals Specialty Service is one of the trader-focused outposts of our market forecasting firm. Here, our senior analyst Mike Drakulich uses the Elliott Wave Principle, along with a steady arsenal of tried-and-true technical indicators to navigate the often-volatile twists and turns in the world's key metal markets.

Filed Under: aluminum, copper futures, Elliott wave, Elliott Wave Principle, Gold, platinum futures, silver, Traders

Category: Gold and Silver


A Way to Confidently Trade Metals? Keep Talking
EWI’s Metals Specialty Service presents a 30-minute "how-to" video on using the triangle Elliott wave pattern to anticipate major turns.

By Nico Isaac
4/30/2012 5:00:00 PM

Countless people trade in precious and industrial metals markets. But very few of those people trade gold, silver, aluminum and copper with confidence. As a sector prone to double-digit intraday drops and advances retraced entirely only hours later, the fact is this: those who invest in metal markets are often about as relaxed as a bomb diffuser -- never knowing if cutting the green wire will lead to... Kablamo!

Filed Under: aluminum, copper futures, Elliott wave, Elliott Wave trading, Gold, precious metals, Relative Strength Index (RSI), silver, technical indicators

Category: Gold and Silver


Rock and Roll with our Senior Metals Analyst, Mike Drakulich
Special live webinar tomorrow at 4 p.m. Eastern time (Tuesday, Dec. 7) for Metals Specialty Service subscribers

By Jill Noble
12/6/2010 4:30:00 PM

As EWI's Senior Metals Analyst, Mike looks for the major turns and trends in metals.  If you follow metals and would like to participate in our upcoming live webinar, we are offering a sort of "backstage pass" for subscribers!

Filed Under: aluminum, copper futures, gold futures, platinum futures, Robert Prechter, silver futures

Category: Gold and Silver


Arsenic And Old Base Metals: Next Victim, Copper (VIDEO)
Another successful example of contrarian approach to market forecasting.

By Nico Isaac
12/4/2008 5:00:00 PM

From its July 2008 all-time peak, copper prices have plummeted 60% -- leading the way in tthe worst base metals collapse since the Great Depression. As for seeing the red metal's reversal BEFORE it began, EWI's Senior Metals Analyst Mike Drakulich has the honor.

Filed Under: copper futures, great depression, aluminum

Category: Gold and Silver


VIDEO: "Gold, Silver: Expect A Bounce, Then – A Devastating Decline"
It's been exciting to watch Gold and Silver follow Elliott wave-based forecasts so precisely.

By Vadim Pokhlebkin
5/2/2008 6:15:00 PM

It's been exciting to watch Gold and Silver, two of the many markets editor Mike Drakulich covers in his Metals Specialty Service, follow his forecasts so precisely over the past month or so. Just watch this video Mike recorded on April 23, for example -- it will "blow your socks off," as Mike puts it.

Filed Under: gold futures, silver futures, platinum futures, aluminum

Category: Gold and Silver


VIDEO: Silver Frustrates Market Participants
Wouldn't investors feel less frustrated if they looked at the right causes for market behavior?

By Vadim Pokhlebkin
4/23/2008 5:45:00 PM

Most of the conventional financial analysts remain convinced that what moves market prices are "outside drivers": the Federal Reserve, interest rates, supply, demand, oil prices, you name it – anything BUT the actual collective mindset of traders and investors. Is it any wonder that when none of the "reasons" explain the trend, they feel frustrated?

Filed Under: silver futures, U.S. Federal Reserve (the Fed), gold futures, platinum futures, aluminum

Category: Gold and Silver


Video: Gold, Silver Following Elliott Wave Script Perfectly
Sharp sell-offs that hit gold and silver on April 18 may just be the beginning.

By Vadim Pokhlebkin
4/18/2008 5:15:00 PM

Here is a free video EWI's own Mike Drakulich released inside his Metals Specialty Service on April 9. Watch it, compare the roadmap outlined in it with the actual market action since April 9 and see for yourself what Elliott wave analysis can accomplish.

Filed Under: gold futures, silver futures, copper futures, aluminum

Category: Gold and Silver


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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.