Elliott Wave International - Expert Financial Market Forecasting

GONE FISHIN’ I’d love for you to teach me to fish but…can’t you just give me the fish? by Jeff Reckseit 7/3/2009 2:00:00 PM Filed Under: Bear market, financial markets, foreign exchange, forex forecasts, forex trading, Precious metals, stock market Category: Stocks

Corn: Is The Bullish Party Over? by Nico Isaac 7/2/2009 2:00:00 PM Fact: Corn prices have officially gone from sizzling to fizzling. On Tuesday, June 30, the grain's prices plunged to the Chicago Board of Trade's imposed daily down limit to end at a fresh, four-month low. As for why-- the mainstream experts pointed their accusatory finger at two specific U.S. Department of Agriculture reports. To wit: Filed Under: Corn, Commodities, Grains, wheat, soybeans Category: Commodities

Some Thoughts on the Fractional Reserve Banking System As Bernie Madoff starts his 150-year prison sentence, questions about safety of our financial system remain. by Vadim Pokhlebkin 7/1/2009 5:00:00 PM Here's an interesting question we've just received at EWI's Message Board: "Dear EWI, as the Madoff hoopla is going full blast today on TV, I would be interested to hear your thoughts on this question: Are today's banks in their vast majority also massive ponzi schemes?" Answering a question like that can be a simple matter of definitions -- so let's give it a shot... Filed Under: Federal Reserve, fractional reserve, easy money, Robert Prechter, multiplier effect, fiat money system, Madoff, ponzi scheme Category: Economy

Dow Jones Industrial Average at 173? Not if... but Now! by Nico Isaac 7/1/2009 4:45:00 PM True or False: The “Real” Dow Jones Industrial Average has rallied more than 30% from its March 2009 low, standing near its highest level in nearly six months. That depends on who you ask. According to the mainstream experts, the answer is clearly YES. For many in this camp, the Dow’s upsurge is the “slow and steady” start of a new, “healthier” bull market. Filed Under: dow jones industrial average, Dow, real Dow, nominal Dow, bull market Category: Stocks

Important Q&As You May Have Been Missing EWI's Message Board is a free resource to get your questions answered by EWI experts. by Vadim Pokhlebkin 6/29/2009 5:30:00 PM At EWI's Message Board, readers ask us dozens of questions, daily. We try and answer everyone, and the best Q&As we publish for all to see. Below are our three nominees in the "Best Question" category for the month of June. Enjoy! Filed Under: consumer confidence, social mood, Robert Prechter, socionomics, message board Category: Economy

China Bull Market: Take Two? Will this one finally stick? by Nico Isaac 6/29/2009 4:30:00 PM In the last seven months, the Shanghai Composite Index has enjoyed a powerful winning streak to its highest level in a year. And, according to a recent news story, "Crowds are back on Guangdong Road [China's 'Wall Street' equivalent] to discuss stocks" like tweens twittering celebrity gossip. The main topic of their conversation: *Is the bull market in China back for good?* Filed Under: china, China stock market, Shanghai Composite Market, bull market Category: Asian Markets

Will Deflation Show That the Emperor Has No Helicopter? The Federal Reserve's Impotence: Read the Evidence For Yourself by Robert Folsom 6/29/2009 12:00:00 PM Bernanke's 2002 speech was titled, "Deflation: Making Sure 'It' Doesn't Happen Here." It was a manifesto which spelled out the tools and means of influence the Fed could employ in an anti-deflation policy. Seven years hence, see how Bob Prechter saw it coming seven years ago... Filed Under: Category: Economy

Have the Past 10 Years Been a "Lost Decade"? Your money would have done better almost anyplace else, including a mattress by Robert Folsom 6/26/2009 5:15:00 PM While I agree that this description tries to capture what happened, it doesn't come near the reality -- that is, unless "lost" is supposed to mean the LOSSES investors suffered during TWO catastrophic bear markets in ONE decade. And if you think "catastrophic" overstates matters, well, my guess is that you probably were not "fully invested" in the stock market when things went south (twice)... Filed Under: Category: Stocks

Is the Bear Finally Set to "Beat It"? by Nico Isaac 6/26/2009 4:30:00 PM As the U.S. stock market continues its white-knuckle hold on a 20%-plus rally from early March, the mainstream experts are singing along to one song in particular: *"We've Got Blue Skies"* ahead in the world's leading economy. "2009 could be the year that we put the worst behind us," observes a recent Associated Press. Filed Under: Stocks, Bear market, dow jones industrial average, DJIA, Dow Category: Stocks

Stock Market Bail Out Is there more to it than it’s-the-economy-stupid? by Jeff Reckseit 6/26/2009 1:00:00 PM Only the Elliott Wave model allows you to see social mood for what it is: individuals as a group, driving the stock market in swings between optimism and pessimism... Filed Under: Category: Stocks

Should You Rely on Government To Protect You? by Susan C. Walker 6/25/2009 6:45:00 PM Lower tax revenues create the kind of choice that the state of California faces: raise taxes or cut services? Filed Under: tax revenues, Social Security Category: Classic Prechter

Soybean Prices: Without the Dancing Bears by Nico Isaac 6/25/2009 6:30:00 PM One thing about fundamental analysis I never understood was -- if financial markets are moved by outside events, how do they know which events to respond to? Most days, the mainstream media feels like a three-ring circus of dancing "bears" in one circle and charging bulls in another, all the while prices in the related market struggle to walk a tightrope between. Filed Under: soybeans, Commodities Category: Commodities

Europe: Will a Record Fiscal "Injection" Save the Stock Market? "You can’t tell the market what you will or won’t accept. It tells you." by Vadim Pokhlebkin 6/25/2009 12:30:00 PM The European Central Bank made a record "liquidity injection" into Europe's money markets this week. Will it help turn things around? Before you say yes, read this insightful comment by Robert Prechter, EWI's founder and president. Filed Under: european central bank, liquidity injection, Federal Reserve, social mood, prechter, deflation Category: European Markets

All the Same Market Will the Green Shoots Keep Sprouting? by Jeff Reckseit 6/24/2009 4:00:00 PM It’s counter-intuitive to think of stocks, rates, gold, oil, real estate, and commodities, all trending together over time, but that is exactly what these markets have done in recent years... Filed Under: Category: Economy

June 24 FOMC Meeting: Can the Fed Defeat the Bear? by Nico Isaac 6/24/2009 3:45:00 PM t's Federal Open Market Committee time again. And, even before the June 24 meeting adjourned, word-parsers were dissecting the "minutes" like a high school biology student with a frog. In short: While everyone with a pulse guesses at the meaning of Bernanke-speak, ALL of them hope his words give the stock market something to celebrate. Filed Under: FOMC, Fed, rate cuts, interest rates, stock market, bailout, central bank, Federal Reserve Category: Interest Rates

Stocks: Why Are Investors "Getting Worried" Only Now? A fast look at the recent DJIA rally raises interesting questions. by Vadim Pokhlebkin 6/23/2009 1:45:00 PM Since its June 12 top, the DJIA has lost close to 6 percent. Blame the economic data, say the mainstream financial analysts. But why would investors who disregarded "bad fundamentals" for more than three months suddenly be worried about them? It's a puzzling situation, but only until you look at it from an Elliott wave perspective. Filed Under: Robert Prechter, global economy, DJIA, Dow, social mood, socionomics Category: Stocks

U.S. Dollar: How to Predict Trends, Not React to Them There IS a way to predict the trends in forex markets. by Vadim Pokhlebkin 6/22/2009 11:00:00 PM What creates trends in all liquid, freely-traded markets? That depends on whom you ask. To a conventional market analyst, the answer is news stories and events -- political, economic, you name it. The Elliott Wave Principle, on the other hand, teaches that trends are shaped by the collective mood of the market participants. This quick example may help you decide who's right. Filed Under: u.s. dollar, euro, social mood, risk-averse, forex, currency trading Category: Currencies

Commodity June Blossoms: Stop & Smell the Opportunities by Nico Isaac 6/22/2009 4:00:00 PM No matter what part of the globe you live on, or whichever season is at hand, one thing is certain: In the hemisphere of commodities, summer has officially arrived. And, in the just-published June 2009 Monthly Futures Junctures (MFJ), long-time editor and Elliott Wave International's chief commodity expert Jeffrey Kennedy reveals which patterns are warm, which trends are ripe, and which opportunities are in full bloom: Filed Under: Commodities, Grains, Corn, wheat, soybeans, coffee, cocoa, cotton, orange juice, lean hogs, futures Category: Commodities

(Video) Questions for Bob Prechter: What's the Role of Demographics in Forecasting? by Editorial Staff 6/22/2009 11:45:00 AM Robert Prechter answers questions after his May 14 presentation at Bloomberg headquarters in New York for the Market Technicians Association's 2009 Symposium. Filed Under: Robert Prechter, Harry Dent, Demographics Category: Classic Prechter

At Last: The True "Villain" of the Financial Crisis Could A "Theory" Really Produce A Mess This Large? by Robert Folsom 6/19/2009 5:15:00 PM I agreed years ago that the random walk was implausible. But I didn't come to this view because of behavioral economists, although their work over the past decade has certainly been valuable. Instead, I was persuaded by the work of someone who first challenged the financial orthodoxy more than three decades ago, specifically *April 1977* ... Filed Under: Category: Stocks

GONE FISHIN’ I’d love for you to teach me to fish but…can’t you just give me the fish?

Some Thoughts on the Fractional Reserve Banking System As Bernie Madoff starts his 150-year prison sentence, questions about safety of our financial system remain.

Important Q&As You May Have Been Missing EWI's Message Board is a free resource to get your questions answered by EWI experts.

China Bull Market: Take Two? Will this one finally stick?

Will Deflation Show That the Emperor Has No Helicopter? The Federal Reserve's Impotence: Read the Evidence For Yourself

Have the Past 10 Years Been a "Lost Decade"? Your money would have done better almost anyplace else, including a mattress

Stock Market Bail Out Is there more to it than it’s-the-economy-stupid?

Europe: Will a Record Fiscal "Injection" Save the Stock Market? "You can’t tell the market what you will or won’t accept. It tells you."

All the Same Market Will the Green Shoots Keep Sprouting?

Stocks: Why Are Investors "Getting Worried" Only Now? A fast look at the recent DJIA rally raises interesting questions.

U.S. Dollar: How to Predict Trends, Not React to Them There IS a way to predict the trends in forex markets.

At Last: The True "Villain" of the Financial Crisis Could A "Theory" Really Produce A Mess This Large?

GONE FISHIN’
I’d love for you to teach me to fish but…can’t you just give me the fish?

Some Thoughts on the Fractional Reserve Banking System
As Bernie Madoff starts his 150-year prison sentence, questions about safety of our financial system remain.

Important Q&As You May Have Been Missing
EWI's Message Board is a free resource to get your questions answered by EWI experts.

China Bull Market: Take Two?
Will this one finally stick?

Will Deflation Show That the Emperor Has No Helicopter?
The Federal Reserve's Impotence: Read the Evidence For Yourself

Have the Past 10 Years Been a "Lost Decade"?
Your money would have done better almost anyplace else, including a mattress

Stock Market Bail Out
Is there more to it than it’s-the-economy-stupid?

Europe: Will a Record Fiscal "Injection" Save the Stock Market?
"You can’t tell the market what you will or won’t accept. It tells you."

All the Same Market
Will the Green Shoots Keep Sprouting?

Stocks: Why Are Investors "Getting Worried" Only Now?
A fast look at the recent DJIA rally raises interesting questions.

U.S. Dollar: How to Predict Trends, Not React to Them
There IS a way to predict the trends in forex markets.

At Last: The True "Villain" of the Financial Crisis
Could A "Theory" Really Produce A Mess This Large?