Enzyme market- NEXT BIG OPPORTUNITY..!!!

Enzyme market in US to reach $ 2.2 bn in 2019

An increasing focus on sustainability by many companies will continue to support enzyme demand in otherwise mature industries, says the new Freedonia report

BS B2B Bureau  |  Cleveland, USA  June 8, 2015 Last Updated at 20:56 IST

Rising awareness about sustainability among companies and improved productivity are driving the demand of enzymes in the US to reach $2.2 billion in 2019 – a 3 percent annual growth, according to the new report of Freedonia Group Inc, a market research firm.
 
Healthcare reform and efforts to combat rising healthcare costs will lead to changes in the medical and pharmaceutical industries that in turn will result in strong gains in enzymes used in the research and biotechnology, in vitro diagnostics, and biocatalyst markets. In more mature industrial markets, efforts to reduce energy and water use will continue to have a positive impact onenzyme demand.
 
Strong growth in research and biotechnology enzyme demand will result from pharmaceutical companies looking to improve production processes by using biocatalysts and investing in the development of new biopharmaceuticals. “Increased diagnostic testing and genome sequencing in support of a personalised medicine approach, along with greater testing due to more insured people undergoing routine medical care and the generally increased medical care required by an aging population, will further drive enzyme demand,” said Christine O’Keefe, analyst, Freedonia.
 
An increasing focus on sustainability by many companies will continue to support enzyme demand in otherwise mature industries such as food and beverage processing and pulp and paper production. Sustainability and personal environmental impact are becoming increasingly important to consumers as well. “The growing popularity of high efficiency washing machines and the increasing use of cold water washes will require laundry detergents formulated with more expensive enzymes. Consumers are more frequently looking for foods with ‘clean labels’, that is, those that do not have chemical additives, benefiting enzymes that can replace these chemicals in food processing,” said Freedonia in a press release.
 
While the biofuels market was the primary driver of increases in US enzyme demand between 2004 and 2014, growth going forward will be limited, restrained by conflicting government policies, reluctance by vehicle manufacturers to incorporate higher levels of bioethanol into the gasoline supply, and changing consumer driving habits and attitudes toward biofuels. 

http://www.business-standard.com/content/b2b-chemicals/enzyme-market-in-us-to-reach-2-2-bn-in-2019-115060801174_1.html

SIMPLIFIED- The-Elliott-wave-mystery...!!!

The Elliott Wave principle is based on Ralph Nelson Elliott’s conviction that social, or crowd, behavior tends to trend, and reverse, in identifiable patterns, or cycles.

Elliott used the stock market as his main source for research, because it was an easy way to chart the current and past behavior of a crowd with similar interests. He identified a number of patterns of movement, or waves, that recurred, in combination with larger, and/or smaller, versions of the same patterns.

Those who are well versed in the intricacies of these patterns can gauge where the market’s recent movements fit into them, and then predict where the market will move to complete the cycle.

Elliott’s “The Wave Principle,” was originally published in 1938. Robert Prechter has since become the foremost authority on Elliott Wave theory by applying and enhancing Elliott’s ideas. Prechter is the president of Elliott Wave International.

Under Elliott Wave theory, the most basic pattern of market progress is the motive wave, which is subdivided into five waves and usually labeled by technicians with numbers. Three of those waves (1, 3 and 5) move in the direction of the underlying trend, or impulse, while the two intervening waves (2 and 4) act as countertrend interruptions, or retracements, of the motive wave.

“At any time, the market may be identified as being somewhere in the basic five-wave pattern at the largest degree of a trend,” according to a tutorial provided by Elliott Wave International to its members (Club EWI). “Because the five wave pattern is the overriding form of market progress, all other patterns are subsumed by it.”

There are certain “rules” that govern the five-wave pattern:

• Wave 4 cannot enter the territory of Wave 1, according to EWI. If it does, the market’s latest move must be part of a larger motive wave, which could be progressing higher or lower.

• Wave 2 can’t retrace more than 100% of Wave 1, according to the Market Technicians Association. If it does, then Wave 2 might not be a corrective wave as originally thought, and could actually be moving in the direction of a motive wave to a larger degree.

• Wave 3, which often represents the strongest part of the market cycle, can’t be the shortest by price, compared with Wave 1 or Wave 5.

A complete cycle of wave development actually consists of eight waves, made up of two phases: 1) a wave subdivided into five waves and 2) a three-wave corrective wave.

The corrective wave, usually labeled by technicians by letters, consists of two waves (A and C) that move in the opposite direction of the motive wave, and an intervening retracement wave (B) that moves in the same direction of the motive wave.

One key rule for the simple, zigzag corrective phase is that, in a bull market, Wave B ends noticeably lower than where Wave A starts. The opposite is true in a bear market.

“In summary, the essential underlying tendency of the Wave Principle is that action in the same direction as the one larger trend develops in five waves, while reaction against the one larger trend develops in three waves, at all degrees of a trend,” according to EWI.

One of the keys to interpreting wave counts is to determine what degree the wave in question represents.

As the above chart shows, each wave could be part of another wave of a higher degree, which in turn could be part of another wave of an even higher degree.

For example, a corrective Wave (A) could be the beginning of a countertrend Wave 4 pullback of a 5-wave uptrend to a larger degree.

“The Wave Principle, then, reflects the fact that waves of any degree in any series always subdivide and re-subdivide into waves of lesser degree and simultaneously are components of waves of higher degree,” EWI explains.

In Elliott’s original work, he identified nine degrees of waves, that could range from decades to intraday movements. His labels read a little like the classification of living things:

1) Grand Supercycle 
2) Supercycle 
3) Cycle 
4) Primary 
5) Intermediate 
6) Minor 
7) Minute 
8) Minuette 
9) Subminuette

Under Prechter’s view, the U.S. stock market’s rise from 1932 was the beginning of a Supercycle, with the rally to 1937 representing the first wave of a Cycle degree.

This spiral, which takes the form of a Nautilus sea shell, is commonly used to describe the mathematical ratio that Elliott Wave theorists lean on to explain why the stock market follows similar patterns to those found in natural systems, including living creatures on earth and galaxies in space.

The Fibonacci ratio of 0.618, made famous by a 13th-century mathematician named Leonardo Fibonacci of Pisa, is based on a number sequence, in which the sum of two adjacent numbers forms the next higher number (1, 1, 2, 3, 5, 8, 13 ...).

It is often referred to as the golden, or divine ratio, because it has been found throughout nature, such as in the breeding pattern of rabbits, the DNA double helix, how petals on a flower are arranged, proportions of the human body, a galaxy spiral, and so on ad infinitum.

Slide 5 of 6

In Elliott Wave, the five waves of a motive of phase have a Fibonacci relationship with the eight waves of a complete cycle. And each wave or phase tends to have a Fibonacci relationship with other waves or phases; thus a retracement phase is often close to 0.382 (1 minus 0.618), or up to 0.618, the length of the motive phase.

Walter Zimmerman, chief technical analyst at energy research firm United-ICAP, who studied chaos theory and complex systems in graduate school, said the process of price discovery follows a similar fractal structure: “The next price is always a function of the previous price, in any market, even at the open.”

In the simplest form, a weekly chart of Apple Inc.’s stock could represent an example of a five-wave pattern.

That doesn’t necessarily mean the start of a new corrective phase is imminent. If Wave 5 develops into a “fifth-wave extension” that is 1.618 times the length of the first three waves, Apple’s stock AAPL, -1.13% would climb to above $209.

But given that Wave 3 is more than 1.618 times the length of Wave 1, and Wave 3 is longer than the length of Wave 1, the pullback from the May 28 record intraday high of $134.54 could already be the start of a corrective phase.

And again, in the simplest terms, a 61.8% retracement of the uptrend from the April 2013 low of $55.01 to the record high comes in at $85.39, which is 35% below current levels.

The textbook definitions of wave counts and degrees are always open to interpretation, something a simple slide show of charts can’t completely explain.

United-ICAP’s Zimmerman said it took years to cultivate his understanding of Elliott Wave theory. Then all off a sudden, it became clear to him, like one of those “Magic Eye” pictures that if you blur your eyes just right becomes a detailed 3-D image.

“It was wonderful,” Zimmerman said. “Something that was fuzzy and out of focus, suddenly came into focus.”

http://www.marketwatch.com/story/5-charts-to-help-unravel-the-elliott-wave-mystery-2015-06-08

US-STOCKS-SHARP COLLAPSE WARNINGS..! BECAREFUL.!!

Why you should care that Robert Prechter is warning of a ‘sharp collapse’ in stocks   Published: June 8, 2015 9:33 a.m. ET

Who is Robert Prechter, and why should investors care that he is warning them to be on high alert for a potential collapse in the stock market?

The president of Elliott Wave International, Prechter may not be a household name on Main Street, but he’s widely known on Wall Street as the foremost authority on the Elliott Wave principle, a forecasting methodology used by generations of technical analysts that is based on the belief that financial markets trend in five waves, and retrace in three waves.

Don’t miss the slideshow: 5 charts to help unravel the Elliott Wave mystery

Prechter is also the executive director of the Socionomics Institute, founded to study how those same wave patterns define changes in social mood and govern social events.

“If the cycle is still operating, the stock market is at high risk of a sharp collapse. Near term, we’re prepared to see the Dow make one more high. But it doesn’t have to happen.”

Robert Prechter, president of Elliott Wave International

Elliott Wave analysis, which was devised by Ralph Nelson Elliott in the 1930s, is much more than a bunch of numbers and letters placed on a chart to denote which wave, or degree of waves, the market is traversing. Those who fully embrace it say it is the only form of technical analysis that can incorporate and explain all the other techniques used by chart watchers.

Walter Zimmerman, chief technical analyst at energy research firm United-ICAP, calls it the “grand unified field theory of chart pattern analysis.” Head-and-shoulders reversals, technical divergences, candlestick charts—they can all be explained within the framework of the Elliott Wave principle, Zimmerman said.

Based on Prechter’s analysis of where the stock market is positioned within its wave structure, he believes the bull market is in a “precarious position.”

For one, he said the sentiment indicators he follows have reflected extreme optimism for over two years. That is often viewed as a contrarian signal, because it suggests those looking to buy have already done so, leaving fewer buyers to step in if the market starts slipping. Read more about bullish exuberance.

In addition, Prechter said a number of momentum indicators have been revealing a “dramatic lessening” in the number of stocks and indexes that have participated in the rally in recent months.

For example, when the Dow Jones Industrial Average DJIA, -0.33%  reached a record closing high on Feb. 27, there were 172 NYSE-listed stocks that achieved new 52-week highs, and 31 stocks that hit 52-week lows. But when the Dow rose to it is latest record on May 19, the number of new highs had fallen to 118, while new lows rose to 38.

FactSet

New highs fall, while Dow rises

And while the Dow has reached six record-high closes so far this year, the Dow Jones Transportation Average DJT, -1.91%  hasn’t hit a record high since Dec. 29, and closed at a seven-month low as recently as May 29. The century-old Dow Theory of market analysis suggests the Dow transports must confirm the movement of the Dow industrials for a market trend to have staying power, according to S&P Dow Jones Indices.

FactSet

Dow Theory divergence warns of market top

There’s more. Prechter said the market’s rise since 2009 has carried 6.25 years into a 7.25-year cycle, that has been operational since 1980.

“If the cycle is still operating, the stock market is at high risk of a sharp collapse,” Prechter said. “Near term, we’re prepared to see the Dow make one more high. But it doesn’t have to happen.”

Prechter’s path to analyzing financial markets started where you might least expect it, but in hindsight it makes perfect sense. He got his bachelor's degree in psychology from Yale University in 1971, then became a professional musician for four years, in which time his band News recorded an album, “Hot off the press”, that was re-released on CD a few years ago.

He was already intrigued by technical analysis during that time, because his father had a subscription to Elliott Wave enthusiast Richard Russell’s “Dow Theory Letters,” and he would occasionally read them.

“I felt the way John Lennon did after he saw Elvis on screen and thought: ‘That’s a good job’,” Prechter said.

Once the music career played itself out, he started working in Merrill Lynch’s market analysis department. By April 1976, he was writing Elliott Wave reports.

Around that time, it hit him that the waves weren’t confined to just the stock market.

“Something was coordinating the tone of all kinds of social activities, including trends in pop music, movie themes, the economy, and the timing of peace and war,” Prechter said. “I figured out that waves of unconscious social mood would account for the correlation.”

The way United-ICAP’s Zimmerman describes it, Elliott Wave helps you find order in chaos. That’s because the mathematical ratio known as the Fibonacci ratio is embedded in Elliott Wave theory, which means it can be applied to any market, across any time scale.

Fibonacci is also known as the divine, or golden ratio, as it has been found to exist throughout nature, and even in outer space. Zimmerman reckons it even helps explain moods on personal and collective levels. And that’s coming from a man who started graduate school studying chaos theory and complex patterns.

Some technicians will brush off Prechter’s current bearish view on stocks, because he has had similar views during the 6.25 years that the market has been climbing. MarketWatch’s Mark Hulbert, editor of the Hulbert Financial Digest, said that over the last 35 years, a conservative portfolio that goes to cash when Prechter’s market-timing service flashed a sell signal, has produced an annualized return of 7%, compared with an annualized return of 11.5% for buying and holding.

But strategists often say that sell warnings are like yellow lights at a traffic stop—the driver still has the choice to either speed up or slow down, depending on whether he believes he can beat the red light or not. An investor that doesn’t have the luxury of long-term smoothing might be more inclined to slow down at any sign of weakness than someone with much more leeway.

Prechter said he had similar trouble with stocks in the late 1990s. Although he had predicted in the early 1980s that stocks were beginning an advance that would eventually become a bigger mania than that of 1929, the market’s bubble had inflated much more than he thought.

“Today, the stock market is in its third mania in 15 years,” Prechter said. “The historic overvaluation of 2000 has never been properly corrected. But it will be.”

Prechter has made some major calls that have ensured interest in his Elliott Wave International (EWI) analytical service has continued to grow. Examples include the call for a bear market in gold and silver in the early 1980s, and a warning just before the oil price peak in 2008 that “one of the greatest commodity tops of all time” was looming.

What started 36 years ago as a husband-and-wife operation on the kitchen table with an electric typewriter and paste-on lettering has grown into a company that employs 80 people, including 20 market analysts, covering virtually every major market worldwide, 24 hours a day. The most popular premium service is the coverage of currency markets.

EWI has published more than a dozen books, many DVDs and online videos, and offers a program from those who want to earn the designation of Certified Elliott Wave Analyst.

What pleases him most isn’t just the success EWI has had over the years, or when a market call he makes plays out.

“Our first two employees joined us 33 years ago, and are still here,” Prechter said. “That makes me happy.”

http://www.marketwatch.com/story/why-you-should-care-that-robert-prechter-is-warning-of-a-sharp-collapse-in-stocks-2015-06-08