Robert Jay Nurock (May 25, 1938 – February 26, 2017) was an American stock market analyst who served as a panelist during 1970 to 1989 on the influential PBS series Wall Street Week (1972–2002).
[1] He created the Technical Market Index termed "the Elves" for Wall Street Week, which was used until his retirement from the show in 1989.
[3] His index tracked 10 barometers of market momentum, investor psychology, and monetary conditions.
Nurock brushed off criticism, the market rebounded and reached the prior level in two years.
In the place of Nurock's elves, Louis Rukeyser created his own index relying on 10 technicians each week.