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Elliott Wave International NewsWire

Dow Rallies, Dow Falls: What's Driving Volatility?

Last Friday (February 5) was yet another interesting day to compare the stock market action with the explanations from conventional analysts. (This show never gets old, I swear.) Around midday, the Dow was down almost 170 points; everything pointed to another grim day. But then the blue chips reversed and closed higher. Don't look for a good "fundamental" explanation: There was none.

U.S. Dollar Soars To A Seven-Month High: Will This Comeback Story Stay?

It's the comeback story seen the world over, and no, I'm not talking about the New Orleans Saints winning the Super Bowl. I'm talking about the long-time currency underdog -- the U.S. dollar -- overcoming the mainstream odds to pull off a surprising rally to seven-month highs.

Copper Prices Plunge: Is The Bull In Trouble?

On Friday, February 5, the words "hammered," "catastrophe" "punished" and "plunged" were used to describe the recent action in Copper prices. As I write, the red metal stands at its lowest level in three-months. This is the complete opposite of the "red hot" performance widely expected of copper for the start of 2010...

(c) 2010 Elliott Wave International

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