By Bob Stokes
5/15/2012 5:00:00 PM
For the past several months, volatility was absent as the market mainly traded sideways. Many participants were complacent. Some opined that the market was simply gathering its strength before the next leg up. We viewed the lackluster market action as...
Filed Under: Elliott wave, market forecasts, S&P 500, technical indicators, U.S. STOCK MARKET, VIX, volatility, volume, Wall Street
Category: Stocks
By Nico Isaac
4/26/2012 5:30:00 PM
Without discipline, trading in financial markets is like skydiving without a working parachute. Having one has always been the number one rule of every market success story, including EWI Senior Analyst Jeffrey Kennedy. For over 20 years, Jeffrey’s primary discipline has been Elliott wave analysis, combined with traditional technical methods. By now, Jeffrey knows the specific rules and guidelines of the Wave Principle like the back of his hand, all the while bringing his own, original trading lessons and indicators into being.
Filed Under: Elliott wave, Elliott Wave trading, Jeffrey Kennedy, stock indexes, technical indicators, Wall Street
Category: Trading Lessons
By Bob Stokes
4/11/2012 5:45:00 PM
When it comes to financial markets, most allow others to do their thinking for them. You've heard the phrase "the blind following the blind." Yes, they both fall into the ditch. At Elliott Wave International, our mission is to keep our subscribers out of the ditch. To do so, we must first...
Filed Under: Elliott wave, herding, Robert Prechter, Wall Street
Category: Classic Prechter
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
Stock Market Bull: Real or Phony?
Robert Prechter's new Elliott Wave Theorist puts the S&P 500 rally to a "golden" truth test
By Nico Isaac
2/27/2012 5:15:00 PM
On February 24, the S&P 500 rose to its highest level in nearly four years after breaking through its long-standing April 29, 2011, peak. And, according to the mainstream experts, there is just one word to describe the S&P's long-term future: "Ole!" Are the bulls right?
Filed Under: Bob Prechter, bull market, Dow Jones Industrial Average (DJIA), Elliott wave, Gold, prechter, real Dow, Robert Prechter, S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Bob Stokes
2/22/2012 5:15:00 PM
Here's an irony: while recent news reports were upbeat about the decline in unemployment (to 8.3 percent), Wall Street bonuses were being downsized. Is Main Street next?...
Filed Under: financial forecast, Wall Street
Category: U.S. Economy
By Vadim Pokhlebkin
2/15/2012 5:15:00 PM
Most investors see share buybacks like this one as bullish for the broad stock market. Says one investment strategist: "If the corporate community really agreed on the idea we’re heading to a recession, they wouldn’t be buying back their stock." That logic makes perfect sense…until you dig a little deeper.
Filed Under: bull market, buy and hold, Dow Jones Industrial Average (DJIA), Elliott wave, Nasdaq Composite, S&P 500, Wall Street
Category: Stocks
By Bob Stokes
2/3/2012 5:30:00 PM
Should investors be concerned over too much Facebook excitement? Consider that the IPO filing comes after...
Filed Under: Elliott Wave Theorist, financial forecast, investor psychology, risk appetite, S&P 500, sentiment, Wall Street
Category: Stocks
Do Housing Prices Hurt/Help US Stocks?
See an eye-opening chart in Robert Prechter's current Elliott Wave Theorist that sets the record straight
By Nico Isaac
1/31/2012 5:00:00 PM
"Fundamental" analysis of financial markets follows one simple formula: negative economic data equal a fall in stock prices; positive data equal a rise. And, underneath every mainstream finanical news report, this equation lies. Take, for example, the long-awaited release of the S&P/Case-Shiller Index of US Property Values in 20 major cities.
Filed Under: Bob Prechter, debt, deflation, Elliott wave, Elliott Wave Theorist, fundamental analysis, housing prices, inflation, prechter, S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
Can The Fed Rebuild The US Housing Market?
Robert Prechter's latest Elliott Wave Theorist shows you compelling evidence on whether the wait for a housing recovery is almost over
By Nico Isaac
1/23/2012 5:30:00 PM
As the leading US economists look ahead to the future, they see one glaring obstacle standing in the way to lasting recovery: the still, defunct real estate market. And, according to many mainstream experts, there is one surefire way to turn the housing sector around: government stimulus, stimulus, and more stimulus.
Filed Under: central banks, home sales, housing prices, Interest Rates, prechter, Robert Prechter, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, Wall Street
Category: Real Estate
By Nico Isaac
1/4/2012 12:45:00 PM
It's the first week of 2012, and the mainstream finanical experts have already turned their deck of old proverbs over to start again from the very top. Their first card is "the January Effect" -- the widespread notion that the performance of stocks in first month determines the rest of the year.
Filed Under: Dow Industrials, Dow Jones Industrial Average (DJIA), S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Nico Isaac
12/28/2011 6:45:00 PM
This holiday season, I watched the king of feel-good movies, "It's A Wonderful Life," for the umpteenth hundredth time. In the classic "what if" story, Jimmy Stuart as George Bailey is granted the opportunity to see what life would have been like if he had never existed. Well, from the fictional Bedford Falls, to actual Wall Street, I had to wonder: What if the early 2011 mainstream financial forecasts never existed? Would those who listened then have been better off -- or worse off -- today?
Filed Under: Dow Industrials, Dow Jones Industrial Average (DJIA), U.S. STOCK MARKET, Wall Street
Category: Stocks
By Nico Isaac
12/27/2011 3:30:00 PM
According to the famous song -- on the fifth day of Christmas, "my true love gave to me five golden rings." So, on the third day of Christmas (December 27, 2011), I'm giving you THREE things to know about the flaunted asset GOLD that completely go against mainstream financial wisdom.
Filed Under: fundamental analysis, Gold, recession, safe haven, Wall Street
Category: Gold and Silver
By Bob Stokes
12/14/2011 5:15:00 PM
Judges, financial authorities, Wall Street Occupiers, politicians, and others may try to level the financial playing field, but the biggest earth mover will prove to be the bear market itself. The latest Financial Forecast provides this insight...
Filed Under: Bear market, U.S. STOCK MARKET, Wall Street
Category: Stocks
Crude Oil: The Bulls Are Back In Town
EWI's Energy Specialty Service offers a different perspective on Crude and Brent than the mainstream
By Nico Isaac
12/5/2011 7:00:00 PM
The bulls are back in town! And, they've been spotted hang'n around their old stomping ground: the "Crude Oil Bar and Grill." To wit: On December 5, Wall Street presented its latest commodity forecast -- a bullish one, led by a 3-to-12 month rally in crude oil.
Filed Under: crude oil, Elliott wave, fundamental analysis, Wall Street, Elliott Wave trading
Category: Energy
By Bob Stokes
11/7/2011 2:45:00 PM
Before you draw any conclusions about what the Dow Industrial's positive performance in recent weeks means, consider this interesting market fact...
Filed Under: Dow Industrials, Elliott Wave Principle, investor psychology, market crash, market forecasts, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Bob Stokes
10/28/2011 4:30:00 PM
Stories of her frugality are legendary: she traveled in an old carriage, bought broken cookies in bulk because they were less expensive, and reportedly spent half a night looking for a lost two cent stamp. But the most extreme example of her pathological stinginess relates to...
Filed Under: Ben Bernanke, Robert Prechter, central banks, deflation, history, monetary policy, stimulus package, Troubled Asset Relief Program (TARP), U.S. Federal Reserve (the Fed), Wall Street
Category: U.S. Economy
By Bob Stokes
9/19/2011 5:15:00 PM
Wall Street and the financial establishment still say the market is going higher, and/or that we've seen the low for the year. Others insist that we will avoid a "double-dip" recession. But the economic story the mainstream doesn't report is...
Filed Under: debt crisis, deflation, economic depression, Elliott Wave Theorist, Robert Prechter, Wall Street
Category: U.S. Economy
By Nico Isaac
8/29/2011 5:15:00 PM
On Monday August 29, much of the Big Apple (i.e., New York City) breathed a huge sight of relief. And not just because flood-bringing tropical storm Irene failed to deliver the "nightmare hurricane" scenario feared by the entire eastern seaboard. The opening to a brand new week also saw the violent stock market storm that has blown through Wall Street since early July taper off into clear skies.
Filed Under: Ben Bernanke, Bernanke, Dow Jones Industrial Average (DJIA), Elliott wave, fundamental analysis, stock indexes, trendlines, Wall Street
Category: Stocks
By Robert Folsom
7/20/2011 4:45:00 PM
The very latest round of headlines suggests that Wall Street's top dog may lead the way lower...
Filed Under: Elliott wave, Wall Street
Category: Stocks