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Stunning Chart Shows Gold and Silver Defy Bulls' Optimism

By Editorial Staff
4/25/2013 4:00:00 PM

Gold and silver have been all over the financial news in recent weeks. A three-day tumble in mid-April pushed prices lower by as much as 31% and 56%, respectively, off their 2011 highs. The chart below shows EWI's forecasts not only in the past month ... but during the past three years of opportunity.

Filed Under: Elliott Wave Theorist, financial forecast, Gold, precious metals, Short Term Update, silver

Category: Gold and Silver


"Control of Interest Rates" is the Biggest Myth About the Federal Reserve
Bond investors need to prepare for a major change of trend

By Bob Stokes
1/31/2013 4:45:00 PM

Many observers of financial markets hang on the Federal Reserve's every word, and believe the central bank determines interest rates. However, the evidence shows that interest rates are not controlled by the Fed. Bond investors need to prepare for a major change in trend.

Filed Under: all the same market theory, central banks, conquer the crash, Elliott wave, herding, Interest Rates, market myths, Short Term Update, Treasury bonds, U.S. Federal Reserve (the Fed)

Category: Interest Rates


New Year's Euphoria and the Dow Industrials Breakout That Bombed
Will stock market history repeat itself?

By Bob Stokes
1/3/2013 4:45:00 PM

New Year's stock market euphoria is not emanating from the financial fringe. Recent headlines indicate that top-tier Wall Street firms are "all-systems go" on stocks. Fiscal fear among the financial establishment is conspicuously absent. EWI's publications put this market optimism into thought-provoking historical perspective.

Filed Under: Elliott wave, history, investor psychology, mania, market forecasts, Short Term Update, technical analysis, U.S. STOCK MARKET, wisdom of crowds

Category: Stocks


Gold Prices: How to Avoid a "Worst Case Scenario"
Up, down, even sideways -- the trend in gold prices can define capital preservation.

By Nico Isaac
12/18/2012 5:45:00 PM

On Dec. 18, I opened my web browser to a popular finanical news site. And right there in huge type on the front page was a dramatic cover story on the "Mayan Apocalypse." Just beneath it was a headline (in the same bold blue font) linking an article on the "10 surprises that could rattle the financial markets" in 2013. Topping the list: "a surprise sell-off in gold to drive the yellow metal to $1200 an ounce." The article also said that while the forecast is "unofficial," it's still important that "investors know the worst case scenario."

Filed Under: Elliott wave, Gold, precious metals, Short Term Update, silver

Category: Gold and Silver


U.S. Markets: Long- and Near-Term Trends Agree
Track price trends on multiple time frames using Elliott waves

By Bob Stokes
11/5/2012 5:45:00 PM

When price trends of multiple degrees align themselves in the same direction, market action often unfolds much more rapidly than it otherwise would. You can learn about the convergence of...

Filed Under: Elliott wave, long-term trend, market forecasts, Short Term Update, technical analysis, trendlines, U.S. STOCK MARKET

Category: Stocks


Prechter: "Every Mania Ends Below the Starting Point."
Who has the odds in the bull vs. bear battle?

By Bob Stokes
9/13/2012 5:45:00 PM

Manias have developed many times in the history of financial markets. No matter in which country or period in history the financial manias occurred, they all have had one thing in common...
 

Filed Under: 1929 Stock Market Crash, Bear market, Bob Prechter, bull market, economic depression, Elliott wave, financial forecast, history, mania, Nasdaq Composite, Nikkei, sentiment, Short Term Update, stock indexes

Category: Stocks


Triple Top in the Stock Market: Why Bears Love This Formation
The waiting game may soon be over

By Bob Stokes
9/10/2012 5:45:00 PM

The Dow Industrials have more than doubled since that low, and is now within a thousand points of its October 2007 all-time high. Stock market bears have had to exercise the proverbial patience of Job. Will the waiting game soon be finally over? Well, let's recall a few simple facts...
 

Filed Under: all the same market theory, Bear market, Elliott wave, mania, market forecasts, S&P 500, Short Term Update, technical analysis

Category: Stocks


U.S. Markets: Bedtime for the Bull
How deep will be the sleep?

By Bob Stokes
8/8/2012 5:00:00 PM

Elliott Wave International analysts aim to pay attention to market signals when it matters -- before the market's behavior switches from one extreme to another. Learn what signals EWI is seeing now...

Filed Under: Elliott wave, financial forecast, investment decisions, market forecasts, oscillators, short selling, Short Term Update, stock indexes, technical analysis, technical indicators

Category: Stocks


The Surge Higher in U.S. Markets: "The Stage is Being Set"
The market's main trend stays the same

By Bob Stokes
7/26/2012 1:30:00 PM

The Financial Forecast Short Term Update went on to describe what the stock market is setting the stage for. It is not what most investors expect. The pattern in the major U.S. stock indexes has been 80 years in the making -- which is to say, the pattern is unfolding at a large degree of trend...

Filed Under: Elliott wave, financial forecast, long-term trend, market forecasts, Short Term Update, stock indexes, volatility

Category: Stocks


The Big Fake Out in U.S. Markets
Learn to see through the market's tricky maneuvers

By Bob Stokes
7/23/2012 5:30:00 PM

The stock market's Elliott wave structure is clear. Yet, recent price action may have set up unsuspecting bullish investors for a fall. Take a look at this chart from...

Filed Under: Elliott wave, market forecasts, oscillators, Short Term Update, technical analysis, technical indicators, trade targets, Traders, U.S. STOCK MARKET

Category: Stocks


Examining the Optimists' Year-End Forecasts for S&P 1500
Is all the recent optimism well-timed or dangerously misplaced?

By Bob Stokes
6/19/2012 3:15:00 PM

The stock market bounce from the June 4 low was all it took for bold, bullish predictions to start showing up on the financial pages. But market history tells us that there can be a big price to pay for over-optimism...

 

Filed Under: financial forecast, investment decisions, investor psychology, S&P 500, sentiment, Short Term Update

Category: Stocks


U.S. Stocks: Is the Rally for Real?
The Short Term Update can be your near-term market guide

By Bob Stokes
6/11/2012 5:30:00 PM

Some market commentators point to the market's resilience, valuation measures, a weak but improving economy and a financial system that's more stable than it was during the 2008 crisis. Find out what our Elliott wave analysis points to...

Filed Under: Elliott wave, investment decisions, investment strategy, investor psychology, long-term trend, market forecasts, S&P 500, Short Term Update, technical analysis

Category: Stocks


Stock Market Bounce: Our Near-Term Call
Put the immediacy of the Short Term Update on your side

By Bob Stokes
6/6/2012 7:15:00 PM

As for present market action: the Short Term Update did expect a relief rally and that's what happened. But are we surprised by Wednesday's (June 6) 286-point surge higher? Not at all. Read this from the

Filed Under: Elliott wave, investment decisions, investor psychology, market forecasts, Short Term Update, stock indexes, technical analysis, technical indicators, Traders

Category: Stocks


The Spain Downgrade and Contagion: Just How Much Risk?
Has the threat ratcheted up a notch (or two)?

By Bob Stokes
4/27/2012 4:00:00 PM

Shortly after the fourteenth European debt crisis summit concluded and there was an "extraordinary shift from negativity to optimism," the November 2011 Global Market Perspective flatly said "The current level of unpayable debt is too big to bail." Yet financial journalists and many of the economists they interview have been busy talking about rising markets and recovering economies. Some were even saying that Europe's debt crisis was "under control." It seems not...

Filed Under: debt downgrade, European debt crisis, european markets, European Union (EU), eurozone, Greek debt, International Monetary Fund (IMF), Short Term Update, soverign debt crisis

Category: European Markets


S&P 500: We've Seen a Pullback, But...?
Should we expect more?

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 Jones Industrial Average (DJIA), financial forecast, history, investor psychology, mania, Nasdaq Composite, S&P 500, sentiment, Short Term Update

Category: Stocks


"How 'Bout Them Apples?"
A compelling chart of Apple stock makes a rare appearance in EWI's March 9 Short Term Update (online now)

By Nico Isaac
3/12/2012 6:00:00 PM

We -- along with the rest of Planet Earth -- have been talking a lot lately about Apple, the world's largest publicly traded company. If only there was an app that could predict the future of Apple itself... well, perhaps you've just found one. To be exact, it's not an app -- it's technical analysis of Apple stock. Here, our own March 9 Short Term Update presents this rare chart of AAPL versus its Relative Strength Index -- a momentum indicator -- since August 2011

Filed Under: Relative Strength Index (RSI), Short Term Update

Category: Stocks


The Apple of the Stock Market's Eye: Just How High is High?
Everyone loves Apple shares, but for how long?

By Bob Stokes
3/9/2012 5:45:00 PM

Excitement over Apple shares has coincided with a stock market rally that just turned three years old. And some say that this rally leader could reach $1,000 a share. What does our analysis reveal about "Applemania"?...

Filed Under: herding, investor psychology, Short Term Update, steve jobs, Traders

Category: Stocks


S&P 500: Rally Killer on the Loose?
Market sentiment extremes can help you identify trend reversals

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


This Indicator Just Hit Multi-Year Lows: What Does It Mean for Stocks?
Where are the bears?

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


S&P 500: Momentum Sends a Market Message
Is the bear market rally losing steam?

By Bob Stokes
1/26/2012 5:15:00 PM

Even as prices rallied, the percentage of S&P 500 stocks below their 10-week moving average indicates the advance has been weaker than many investors may realize. Take a look at the chart...

Filed Under: breadth, Elliott Wave Theorist, financial forecast, S&P 500, Short Term Update, technical analysis, technical indicators

Category: Stocks


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© 2013 Elliott Wave International

The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.