By Bob Stokes
5/16/2012 5:30:00 PM
Almost all bank buildings look solid on the outside. But, of course, the goings-on inside are what count. Greece is again in the spotlight, yet we know the financial health of other European banks is the bigger question...
Filed Under: banks, Elliott wave, euro stoxx 50, europe, european central bank, European debt crisis, eurozone, Goldman Sachs, soverign debt crisis
Category: European Markets
By Bob Stokes
3/14/2012 4:45:00 PM
Goldman not only survived the 2007-2009 financial crisis, losses in the firm's core business were offset by a bearish bet on the mortgage sector -- a bet which came at the expense of Goldman's own customers. What does this have to do with today? Read this...
Filed Under: debt crisis, Elliott wave, Goldman Sachs, Wall Street
Category: Stocks
By Nico Isaac
10/21/2011 2:45:00 PM
Few mainstream commentators anticipated Goldman Sachs' recent decline. Yet it's hard to blame them, because they simply aren't equipped to anticipate trend changes. Most of the time they simply extrapolate the previous trend into the future. Goldman has been a Wall Street powerhouse for decades -- so why would that ever change?
Filed Under: bailouts, banks, Bear Stearns, credit crisis, Elliott wave, Goldman Sachs, Lehman Brothers
Category: U.S. Economy
By Nico Isaac
10/3/2011 3:00:00 PM
In 2008, if you told most mainstream financial experts that crude oil prices would be circling the drain of a one-year low in October 2011, they'd say you were sniffing wood glue. YET -- after hitting an all-time high at $147 in July 2008, oil prices endured a precipitous decline to a low-$30-a-barrel bottom in mid 2009. It was by NOT relying on crude's "fundamentals" that EWI's Energy Specialty Service was able to foresee crude oil's peak in 2008.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis, Goldman Sachs
Category: Energy
Investment Banks Charged with "Murder" of Mortgage Boom in the First Degree
EWI foresaw a legal blitz against investment banks long before the financial boom went bust. Now, EWI's brand-new, September 2011 Financial Forecast brings you the latest
By Nico Isaac
9/6/2011 2:30:00 PM
Financial historians have now cleared yet another page in their 2011 books for the date of September 2, also known as the "Friday Night Massacre." On that day, the U.S. Federal Housing Finance Agency -- on behalf of Fannie Mae and Freddie Mac -- filed a $196 billion lawsuit against 17 of the nation's top-tier investment banks.
Filed Under: Fannie Mae, Goldman Sachs
Category: U.S. Economy
By Nico Isaac
1/21/2011 10:00:00 AM
True or False: The “real” DJIA has rallied 80%+ from a March 2009 low, to stand at its highest level in three years? That depends on whom you ask. For most mainstream experts, the Dow’s upsurge is a very real start of a new bull market. There’s just one major problem with this assumption; namely: Wall Street reports the nominal value of the Dow in terms of the U.S. dollar. But there is also another measure of the Dow's strength: gold. And in terms of gold, the Dow’s purchasing power isn’t looking so pretty...
Filed Under: bull market, Dow Jones Industrial Average (DJIA), gold futures, Goldman Sachs, inflation, nominal Dow, real Dow, Wall Street
Category: Stocks
Picking Up the Bear Trail
An Approaching Bear Will Likely Catch "Happy Campers" Unawares
By Bob Stokes
10/5/2010 4:30:00 PM
If another "ransacking" by a bear is possible, are there any useful signs to watch for? One way is to...
Filed Under: Goldman Sachs, S&P 500, Robert Prechter, mutual funds
Category: Stocks
The Myth of Earnings
Something to consider as we go into another earnings season.
By Vadim Pokhlebkin
7/12/2010 2:15:00 PM
As the new season for corporate earnings reports approaches, analysts start talking about the influence of earnings on the broad stock market. But here's a shocker: The idea of earnings driving the broad stock market is a myth. When making a claim like that, you'd better have proof...
Filed Under: Goldman Sachs, crude oil, Robert Prechter
Category: Stocks
Watching a Wave; Protecting a Nest Egg
Almost no one tells you about another "financial tsunami" that's likely on its way.
By Bob Stokes
5/10/2010 11:00:00 AM
When tsunami forecasters warn "Move to higher ground!" it's not wise to think, "I won't believe a tsunami is coming until I see it." You won't SEE until it's too late. It wouldn't be wise to ignore signs of "a financial tsunami," either. And almost no one tells you about another "financial tsunami" that's likely on its way.
Filed Under: Robert Prechter, Goldman Sachs
Category: Stocks
By Editorial Staff
4/20/2010 12:15:00 PM
In the November 2009 issue of Elliott Wave International's monthly Elliott Wave Financial Forecast, co-editors Steven Hochberg and Peter Kendall published a careful study of Goldman Sachs company history -- and made a sobering forecast for its future. In this special three-part series, we are releasing the entire Special Report to you. Here is Part II; please come back later this week for Part III.
Filed Under: Goldman Sachs, Robert Prechter, Morgan Stanley, Lehman Brothers, Bear Stearns, AIG
Category: Stocks
By Vadim Pokhlebkin
4/16/2010 3:00:00 PM
In November 2009, Elliott Wave International's monthly Elliott Wave Financial Forecast published a careful study of Goldman Sachs' history -- and made a grim forecast for the firm's future. In this special three-part series, we will release the entire Special Report to you. Here is Part I; come back next week for Parts II and III.
Filed Under: Goldman Sachs, Warren Buffett, U.S. Treasuries, Bear Stearns, Lehman Brothers, Wall Street
Category: Stocks
By Nico Isaac
9/10/2008 7:15:00 PM
In hindsight, it may appear more-than-obvious that Lehman was next in the line of Wall Street firms going from “the good life” to life support. But what about before? The public was oblivious all the way up to the red-flashing LEH ticker tape...
Filed Under: Lehman Brothers, Goldman Sachs, Morgan Stanley
Category: U.S. Economy
By Peter Kendall
6/27/2008 5:00:00 PM
It's only after GM loses 70% of its market value that it's finally voted downgraded. Why does the market lag so far behind such results? Elliott Wave International has some ideas.
Filed Under: General Motors (GM), Goldman Sachs
Category: U.S. Economy
No Country For Old Mania
How much did has the marketplace lost in the "coin toss" of high-risk mortgages? Try $400 billion and counting
By Nico Isaac
2/26/2008 4:15:00 PM
The hunt for the guilty parties responsible for the housing and credit blood bath has begun as the world's largest economy has become No Country For Old bull market mania. Truth be told, the subprime mortgage industry was a marked man the moment it went mainstream, a fate our March 2005 Elliott Wave Financial Foreacst saw coming from miles away...
Filed Under: mania, Citigroup, Goldman Sachs
Category: U.S. Economy