Sector Expert: Steven Hochberg
Steven Hochberg is chief market analyst for Elliott Wave International. He is also the co-editor of The Elliott Wave Financial Forecast, a monthly financial newsletter, as well as editor of The Short Term Update, a three times a week online market forecasting service. Hochberg began his career with Merrill Lynch & Co. and joined Elliott Wave International in 1994, where he quickly established a stellar reputation providing analysis to large institutional traders and hedge funds. Hochberg is a sought after speaker and has been widely quoted in various media outlets such as USA Today, The Los Angeles Times, The Washington Post, Barron’s, Reuters and Bloomberg and has been interviewed numerous times for his market views by CNBC, MSNBC and Bloomberg Television.
As natural resources bounced all over the charts in 2014, readers turned to the experts interviewed by The Gold Report for insights on what was driving these ups and downs, and how they could protect themselves—or, better yet, benefit—from the volatility. We combed through interviews with experts featured during the year, and offer some thoughts you might want to consider as you prepare for 2015.
It's not just surfers who scrutinize wave patterns. Steven Hochberg, chief market analyst at Elliott Wave International, uses the Wave Principle to predict the movements of commodities and the stock market based on a number of factors, including sentiment. In this interview with The Gold Report, he reads the waves and sees indications that the stock market is headed for a downtrend, while commodities will move up, although not in a direct line.