Avi Gilburt is an Elliott Wave market analyst and author of elliottwavetrader.net, a live trading room featuring analysis by him and a dynamic community of professional traders. Mr. Gilburt's Elliott Wave analysis appears frequently on sites such as TheStreet.com, MarketWatch, Forbes, and Seeking Alpha.
I know the title of the article sounds outlandish, but we are now in a region of the S&P 500 (SPX) wherein the market is going to decide its next 500+ point move, states Avi Gilburt of ElliotWaveTrader.net.
One of my members wrote this headline in our trading room when the market dropped after the recent Fed meeting, states Avi Gilburt of ElliotWaveTrader.net.
When I read most articles written in the financial media, they all seem to have a common thread running through them: They all tell you what has happened in the past and they try to come up with reasons as to why it happened, states Avi Gilburt of ElliotWaveTrader.net.
Beaten-down markets are now presenting long opportunities, and Mike and Avi will discuss the wave counts on the SPY, Q's, and VIX to identify more specifically where they're headed and levels to watch.
Avi Gilburt and Garrett Patten from ElliottWaveTrader identify the key sectors and select stocks that could benefit from the market's bounce off its recent bottom, while also discussing the generational top forming in the bigger picture on their charts.
Will recession put Bitcoin under pressure along with other risk assets? Or is Bitcoin as a store value exactly what we need? Ryan discusses where he sees Bitcoin going over the next year or so.