All Eyes On The Continuous Commodity Index
Over the last year, the commodity sector took home the gold metal (err, medal) in the financial marketplace's great race higher. This January, the flagship Continuous Commodity Index (CCI) of 17 leading meat, metals, energy, grain, and soft markets rocketed to its loftiest level in seven months. Since then, the commodity "bull run" has stalled, while commodity bullishness has soared.
Paper Trading Is NOT What Will Teach You To Trade
"Some people advocate 'paper trading' as a learning tool. Paper trading is useful for the testing of methodology, but it is of no value in learning about trading. In fact, it can be detrimental, by imbuing the novice with a false sense of security in 'knowing' that he has successfully paper traded the past six months, thus believing that the next six months with real money will be no different. Nothing could be further from the truth. Why?" Elliott Wave International's president Robert Prechter explains more in this important FREE report.
Lessons in Technical Indicators: Part 1
Greece has been a mainstay in the news recently because of its sovereign debt crisis. The movement of its stock index, the Athens Stock Exchange, though, provided Elliott Wave International's European Short Term Update editor Chris Carolan an opportunity to teach his subscribers about one of the useful technical indicators that he likes to combine with Elliott wave analysis -- Keltner channels. Enjoy this free lesson...
True Twisted Tales
Suppose Alfred Hitchcock was still alive and could use his incomparable gifts as a storyteller and movie director to chronicle the true twisted tales of our recent financial, political, and social scene. No one would enjoy it more or do it better...
Gold: Best Supporting Role In Economic Downturns? Think Again
Everywhere you look, from the Red Carpet to Wall Street, gold is definitely in "fashion." As for why, one word comes to mind: safe-haven. See, according to the mainstream financial experts, the more unstable the global economy, the greater the appeal for the precious metal. These two charts from EWI President Bob Prechter offer another perspective.
Why Is Radical Islam Becoming More Moderate?
"Radical Islam Is a Fact of Life. How to Live With It," proclaimed Newsweek magazine one year ago on the cover of its March 2, 2009, issue. Its recent Feb. 22, 2010, cover sang a different song, though: "How bin Laden Lost the Clash of Civilizations: The Untold Story of the Triumph of Muslim Moderation." What happened in the space of one year?