By Vadim Pokhlebkin
5/15/2012 9:15:00 PM
Today, EUR/USD, the exchange rate between the euro and U.S. dollar -- and also the world's most-traded forex market -- fell to near $1.27, a low not seen since January. Just two weeks ago, it stood almost 600 points (or pips, in forex lingo) higher. What if someone asked you back in April -- before this month's news from Europe -- where the euro would trade in May? For many forex traders, the answer would be...
Filed Under: debt crisis, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, European debt crisis, forex, forex trading, Greek debt, online trading, sentiment, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Bob Stokes
4/18/2012 2:30:00 PM
Many market observers may not realize just how historically intense the interest in technology names has been. Recently, NASDAQ volume reached its highest level in its 16-year history! However, there's been a change...
Filed Under: Elliott wave, history, Nasdaq Composite, sentiment, volume
Category: Stocks
By Bob Stokes
4/9/2012 4:45:00 PM
Some market participants are saying that the correction may have a little more to go, yet they also think a pullback will be shallow and the market will soon continue its climb. In other words: the quotes above represent the language and market sentiment of the 1990s. We know how that decade turned out...
Filed Under: Dow Industrials, financial forecast, history, investor psychology, mania, Nasdaq Composite, S&P 500, sentiment, Short Term Update
Category: Stocks
By Bob Stokes
4/2/2012 5:00:00 PM
Human beings have a tendency to follow. And nowhere is that tendency more pronounced than in financial markets where so many investors look to others for clues. Those who follow the bullish crowd now will likely be led into rough financial waters. Learn why our analysts have remained independent from the crowd...
Filed Under: Elliott wave, Fibonacci, herding, Robert Prechter, sentiment, stock indexes
Category: Stocks
Bubble, Bubble: Stocks in Trouble?
400 years of history show: AFTER a mania, prices fall lower than they were BEFORE it
By Bob Stokes
3/21/2012 4:00:00 PM
It's easy to say you'll get out before the bubble bursts -- but there's always someone saying "stocks have more to run," or "this pullback is healthy for stocks"... in other words, "tulips are headed even higher"...
Filed Under: Bear market, CNBC, deflation, herding, history, mania, market crash, Robert Prechter, sentiment, stock indexes, technical indicators
Category: Stocks
By Vadim Pokhlebkin
3/19/2012 5:00:00 PM
Investors view stock-repurchase programs as bullish. Indeed, how can it not be when the firm whose latest rally contributed 1/3 to the NASDAQ's gains this year says it will "support" its own stock? The logic seems sound. But read these two quotes...
Filed Under: Elliott wave, Nasdaq Composite, sentiment, short selling, technical analysis, technical indicators
Category: Stocks
By Bob Stokes
3/1/2012 5:00:00 PM
Have too many people been extrapolating the market's recent rally? Robert Prechter recalls the words of his former boss, which are fitting for today...
Filed Under: Bob Prechter, Elliott Wave Theorist, herding, sentiment
Category: Stocks
By Bob Stokes
2/13/2012 5:15:00 PM
The S&P 500 has doubled since March 2009. You may remember, that's when we called for a rally. Moreover, that's when we said that the then-pervasive fear would be forgotten by the rally's peak. Now, we're calling for...
Filed Under: market forecasts, Robert Prechter, S&P 500, sentiment
Category: Stocks
By Bob Stokes
2/10/2012 6:00:00 PM
What is the "single most reliable indicator of an impending change of direction for a market"? Read what Robert Prechter has to say...
Filed Under: Elliott Wave Theorist, financial forecast, S&P 500, sentiment, Short Term Update
Category: Stocks
By Bob Stokes
2/6/2012 2:30:00 PM
A bullish consensus appears to be crystallizing. But that doesn't mean one should take a contrarian view for its own sake. One must look at the entire market picture, and ask, "Where are we in the market's main trend?" and "What are other indicators revealing?" We've asked and answered those questions...
Filed Under: bull market, Elliott Wave Theorist, financial forecast, herding, investor psychology, sentiment, Short Term Update
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
By Bob Stokes
2/1/2012 3:15:00 PM
On January 31, the "Golden Cross" formed on the S&P 500 chart. Even though the S&P 500 closed the day in slightly negative territory, the index's 50-day moving average remained above the 200-day. What's our view of moving averages as a forecasting tool?...
Filed Under: Elliott wave, momentum, sentiment, technical analysis, technical indicators, Traders
Category: Stocks
By Vadim Pokhlebkin
1/19/2012 10:45:00 PM
With the DJIA making gains so far this month, the Jan. 18 issue of Elliott Wave International's Monday-Wednesday Friday Short Term Update takes a look at market sentiment...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, New York Stock Exchange (NYSE), S&P 500, sentiment, steve hochberg, U.S. STOCK MARKET, volatility
Category: Stocks
By Vadim Pokhlebkin
1/3/2012 6:30:00 PM
You can probably relate: Every year, come January 1, I just can't help but feel that "every little thing is gonna be all right," as Bob Marley sang. This year, the mainstream financial community is sharing the same sentiment. Here's how our own December 30 Short Term Update summarized it...
Filed Under: Dow Jones Industrial Average (DJIA), market forecasts, Nasdaq Composite, S&P 500, sentiment, unemployment
Category: U.S. Economy
By Editorial Staff
12/22/2011 9:30:00 AM
Most people's thinking simply defaults to physics when analyzing financial events. But when we take the time to examine the results of applying that model, we find that it is not useful either for predicting or explaining market behavior.
Filed Under: Bear market, bull market, cultural trends, Elliott wave, Elliott Wave Principle, Elliott Wave Theorist, Elliott Wave trading, fundamental analysis, investment decisions, investor psychology, prechter, Prechter's Perspective, Robert Prechter, sentiment, social mood, socionomics, stock indexes, stock market cycles, technical analysis
Category: Classic Prechter
By Bob Stokes
11/25/2011 12:30:00 PM
The trip from prosperity to hard times can be shockingly brief. Only a few city blocks separate Fifth Avenue and the South Bronx...
Filed Under: consumer price index, consumer spending, investor psychology, sentiment
Category: U.S. Economy
By Bob Stokes
10/25/2011 5:00:00 PM
Each one of the pillars can provide a clear and useful signal; yet at this juncture in the stock market, all three have combined to send a neon-sign warning which should have the attention of every market participant...
Filed Under: Elliott wave, market forecasts, momentum, Robert Prechter, sentiment
Category: Stocks
By Vadim Pokhlebkin
10/7/2011 11:45:00 PM
Did you realize that so far this year, France’s CAC 40 stock index has taken back nearly 2 years’ worth of gains in a mere 7 months? Same is true for the pan-European Eurostoxx 50 index. And, as markets dropped in September, less than 10% of futures traders said they were bullish on the DAX, FTSE, CAC 40 and Eurostoxx 50 in August and September. More...
Filed Under: CAC40, DAX, Elliott Wave trading, euro, european central bank, European debt crisis, eurozone, FTSE, Greek debt, Irish debt crisis, sentiment, soverign debt crisis, Swiss Market Index (SMI), volatility
Category: European Markets
By Vadim Pokhlebkin
9/28/2011 6:45:00 PM
From its Sept. 26 low of $1.3365, the EUR/USD (the euro-dollar exchange rate and the most actively-traded forex pair) has rallied over 300 points into the September 28 high near $1.37. You'll read in the media that the reason for the rally was the optimism about the European debt resolution. But here's an explanation that's not often discussed
Filed Under: Elliott Wave trading, euro, eurozone, euro/USD exchange rate, european central bank, European debt crisis, European Union (EU), eurozone, forex, forex trading, sentiment, U.S. dollar
Category: Currencies
By Bob Stokes
9/22/2011 4:15:00 PM
When did fund managers have that "record commitment to stocks"? Answer: just a few months before the early May 2011 high. Take a look at the chart...
Filed Under: 1929 Stock Market Crash, economic depression, Elliott Wave Theorist, great depression, investor psychology, market crash, market forecasts, Nasdaq Composite, Robert Prechter, sentiment, volatility
Category: Stocks