Elliott Wave International

The iShares MSCI Italy ETF (NYSE: EWI) plunged Tuesday. EWI, the largest dedicated Italy exchange traded fund listed in the U.S., tumbled 5.82 percent on more than triple the average daily volume. EWI's Tuesday tumult represents essentially all of the fund's year-to-date loss, but since the...

The iShares MSCI Italy ETF (NYSE: EWI), the largest U.S.-listed exchange-traded fund dedicated to Italian stocks, finished slightly lower Monday, a day after Italian election results indicated increased odds of a hung parliament and voters favoring far-right, populist parties. Last year, voters in...

I have recently written a few articles discussing my directional perspective on the S&P 500 (SPX). In fact, my long-term target has been 2537-2611SPX for years now. Moreover, before we entered 2016, I noted that I was looking for a rally to 2300 in 2016, but with the market potentially dropping...

In an article on Yahoo Finance, Robert Prechter of Elliott Wave International said that the US economy is on the verge of depression and deflation. Prechter, the author of ‘Conquer the Crash,’ has been bearish on the US stock market for a long time. When asked what an investor should do, he said, “...