Beurs – produceert USA2020 een Elliott Wave?
Onzekerheid over de uitslag van USA2020 lijkt de beurs geen kwaad te doen. Sommigen spreken nu over de Elliott Wave. Wat is dat eigenlijk precies?
Is a myth political gridlock good for stocks?
Investopedia zegt over de Elliott Wave:
What Is Elliott Wave Theory?
The Elliott Wave Theory was developed by Ralph Nelson Elliott to describe price movements in financial markets, in which he observed and identified recurring, fractal wave patterns. Waves can be identified in stock price movements and in consumer behavior. Investors trying to profit from a market trend could be described as “riding a wave.”1 A large, strong movement by homeowners to replace their existing mortgages with new ones that have better terms is called a refinancing wave.
Key Takeaways
- Elliott Wave Theory is a method of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology.
- The theory identifies waves identified as impulse waves that set up a pattern and corrective waves that oppose the larger trend.
- Each set of waves is itself nested within a larger set of waves that adhere to the same impulse/corrective pattern, described as a fractal approach to investing.
Origins of Elliott Wave Theory
The Elliott Wave Theory was developed by Ralph Nelson Elliott in the 1930s. After being forced into retirement due to an illness, Elliott needed something to occupy his time and began studying 75 years worth of yearly, monthly, weekly, daily, and self-made hourly and 30-minute charts across various indexes.
The theory gained notoriety in 1935 when Elliott made an uncanny prediction of a stock market bottom and has since become a staple for thousands of portfolio managers, traders, and private investors.1
Bob Hoye moet er echter niet veel van hebben, en hij legt uit waarom en hoe hij er zelf mee omgaat
Duur: 31:45 minPublicatie 13 november
Meer over USA2020 vindt u hier.
Bob Hoye is al een jaar of 25 een van mijn vaste weekendadressen. De Howe Street aankondigingen zijn nog steeds van Phil Mackezie, al zeker 10 jaar geleden vervangen door Jim Goddard.