• 721 days Will The ECB Continue To Hike Rates?
  • 721 days Forbes: Aramco Remains Largest Company In The Middle East
  • 723 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,123 days Could Crypto Overtake Traditional Investment?
  • 1,127 days Americans Still Quitting Jobs At Record Pace
  • 1,129 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,132 days Is The Dollar Too Strong?
  • 1,133 days Big Tech Disappoints Investors on Earnings Calls
  • 1,134 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,135 days China Is Quietly Trying To Distance Itself From Russia
  • 1,136 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,140 days Crypto Investors Won Big In 2021
  • 1,140 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,141 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,143 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,143 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,147 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,147 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,148 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,150 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Joseph Russo

Joseph Russo

Joe Russo is an entrepreneurial publisher and market analyst providing digital online media solutions designed to assist traders and investors in prudently and profitably navigating…

Contact Author

  1. Home
  2. Markets
  3. Other

Runaway Bull?

Coming off a highly erratic two-week period, with certain indices revisiting old territory, and others moving into uncharted waters, one must conclude that the financial sphere is obviously a bit insecure here.

Is a runaway bull upon us, or is this a last thrash of erratic house cleaning by the shopkeepers? In due course, we shall know whether this bull has legs, or if it is a mere fish-out-of-water - in the throws of its last rally spasms toward sheer exhaustion.

Such volatile behavior also begs the question; how is it remotely possible that markets "are always right" when they display day-to-day behavior that clearly suggests they are flat-out wrong, outright deceptive, or at best - largely confused as to their general intent, direction, and metrics of valuation?

Speaking of revisiting old-territory, after spending the past eight-years in previously uncharted territory, (the Gold Coast of southern California) Elliott Wave Technology will be moving operations across-country, back to its territory of origin - New England - home of the hedge funds.

Just beyond the borders of NYC, some 45-minutes from Wall Street, and about 15-minutes from the Greenwich, CT estate of the infamous Paul Tudor Jones, we will be setting up shop over the Labor Day Holiday.

Traversing freely between America's wealthiest coasts is a distinct privilege, and in this case, one of duty and honor to family. Typical of baby-boomer demographics, circumstance has arrived in which a remaining parent (Happy Fathers Day Pop!) requires honorable attention and dutiful presence.

During transition, our regular service publications will continue unabated. Further, we shall make every effort to continue providing general readers with condensed versions of our regular market commentaries until we are settled.

The June 10, Volume 3, of our Index Traders Edge included the regular feature in which we highlight specific forecasting results and trading points extracted from our Near Term Outlook publication. We will temporarily omit this segment due to the time constraints surrounding our imminent transition.

Rest assured however, that across all time frames, our methodologies continue to perform brilliantly! We shall resume inclusion of this feature highlight just as soon as time permits.

That said - let's see how the major indices faired last week, and what might be in store for the week ahead.








Concise, impartial market guidance, present throughout our publications, provide clear targets, triggers, and variant parameters from which active traders can successfully evaluate, construct, and manage low-risk trading strategies. The short and long-term rewards in adopting such guidance as part of one's trading arsenal are quite substantial.

Rigors and discipline employed in procuring the analysis is void of mysticism, idle chatter, and all other varying forms of market-magic formulas. Our methodology is fully transparent, and clearly translated, providing a lifelong benefit of advanced trading skills to each of our clients.

Trade Better / Invest Smarter...

 

Back to homepage

Leave a comment

Leave a comment