"Economy LAGS the stock market"
by Editorial Staff
Updated: September 04, 2020
"Why are stocks up when the economy is down?" That's the question mainstream analysts have wrestled with for months. Now hear some unconventional answers in this new interview our monthly Financial Forecast co-editor, Steve Hochberg, recently gave to Moe Ansari on Market Wrap (recorded Friday, August 28).
"2020 is not a normal year."
You've heard people say that, "This year has changed everything."
True, 2020 has changed a lot of things. But some things have stood the test of time.
Elliott wave analysis has its roots in the Great Depression era. Through decades of huge bull markets and devastating crashes, Elliott wave patterns have continued to guide investors.
We are doing that today, as well. Discover how inside our comprehensive Financial Forecast Service.
As train conductors of yesteryear used to say, “ALL aboard!” That’s a useful announcement for passengers, but not so much for investors. For example, consider investor sentiment toward gold. This chart shows you.
Some say, Bitcoin and the S&P 500 are joined at the hip. Some say, Bitcoin and U.S. dollar are inversely correlated. Some say… well, watch what the editor of our Crypto Pro Service thinks about all that first.
This year, everyone from retirees to generation Z's have turned to online trading in hopes of earning money amidst economic uncertainty. But all too often, new traders focus too much on chasing opportunities at the expense of managing risk. Elliott Wave International's on-demand webinar -- "Introduction to Spotting Elliott Wave Trading Opportunities" can help you fill in this important gap. (FREE; $129 value)