Elliott Waves

A form of technical analysis used to analyze market cycles and predict future market trends developed by accountant Ralph Nelson Elliott in the 1930s.  The basis is the assumption that investor psychology can be predicted through using crowd psychology.  Though the...

ECB

The European Central Bank (or ECB) is the central bank for the eurozone.  Similar to the Federal Reserve of the Bank of England, the ECB sets monetary policy for many countries in Europe.  The fact that it serves several countries (ie, every country who uses the Euro)...

Earnings

The post-taxation net income.  Earnings are also referred to as profits.  They are also the most studied measurement of a company and the company’s financial statements.  The earnings reports show a company’s actual profitability, historical performance,...

Double Bottom

A very bullish technical reversal pattern.  A double bottom occurs when a stock or asset hits two consecutive lows with a slight increase between them.  Once the price rises above the high between the lows, bullish momentum is confirmed.  A double bottom is the...

Double Top

A very bearish technical reversal pattern.  A double top occurs when a stock or asset reaches a high two consecutive times with a slight decline between the highs.  Once the price falls below a support level equal to the low between the two highs, the bearish momentum...