Elves
A slang term for the technical analysts who appeared on the PBS television show Wall Street Week, which aired from 1970 to 2005.

Investopedia Says:
These technical analysts attempt to predict the direction of the market in the coming months. The show's host, Louis Rukeyser, began referring to Wall Street Week's group of technical analysts as "elves" and called the group of technical indicators they used to forecast the market the "elves index".

Related Terms:
Analyst
Dwarf
Gnomes
Leprechaun leader
Santa Claus Rally
Technical Analysis

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