Elliott Wave InternationalmyEWISocioniomics.Net

Knock on Wood: Lumber’s Downtrend Set to End?
Elliott wave analysis of lumber suggests that the larger trend is now "back in force"

By Nico Isaac
6/19/2013 5:45:00 PM

If ever there was a time for fundamental analysis of financial markets to win us over and show once and for all that markets really do move up or down according to outside events -- it was in March 2013. And the market exemplar was lumber.

Filed Under: , Daily Futures Junctures, fundamental analysis, futures trading, housing prices, Jeffrey Kennedy

Category: Commodities 


How to Connect with Some of the World's Safest Financial Institutions
Access the SafeWealth Group's private relationships with ultra-safe financial firms (formerly exclusive to high-net worth clients).

By Bob Stokes
6/19/2013 5:30:00 PM

Robert Prechter believes the U.S. Federal Reserve will not be able to stop the deflationary trend. And he believes the deflationary trend will turn extreme in ways that almost no one expects. So how can you protect your financial assets like cash, gold, silver and platinum? If you've thought about that question, consider reading "Wealth Preservation in Very High-Risk Financial Times."

Filed Under: , cash, conquer the crash, deflation, economic depression, Elliott wave, Federal Open Market Committee (FOMC), Gold, personal finance, quantitative easing, Robert Prechter, safe banks, safe haven

Category: Classic Prechter 


The Rich Witch of Wall Street: Past and Present Penny Pinching
Public school students pay for decades of government's free-spending ways.

By Bob Stokes
6/18/2013 5:15:00 PM

Ultra-rich Hetty Green always wore the same black dress as she walked down early 20th century Wall Street. Thus, Green was nicknamed "The Witch of Wall Street." She was the ultimate penny-pincher. Few people would economize to her extreme, even in tough economic times. But many households have needed to cut back in recent years. So have state and local governments. In parts of big city school districts, the school bells no longer ring for class to start.

Filed Under: , conquer the crash, deflation, economic depression, economic indicators, Elliott wave, history

Category: U.S. Economy 


Economists Wouldn’t Know a Crisis Coming if it Bit them in the Bum (Part One)
Our series of charts reveal that mainstream professionals follow the herd

By
6/18/2013 1:30:00 PM

When it comes to public figures, no one is more private than the Queen of England. Apart from her love of Corgis and ornate headpieces, Elizabeth II has spent six decades staying out of the spotlight. But one event in the past five years was so controversial that even Her Majesty was compelled to speak out about it: the global financial meltdown.

Filed Under: , Bob Prechter, credit crisis, earnings, economic indicators, Elliott wave, Elliott Wave Theorist, financial forecast, herding

Category: U.S. Economy 


U.S. Stocks and "The Point of Maximum Financial Risk"
Extreme emotions can signal turning points in the market.

By Bob Stokes
6/17/2013 4:15:00 PM

The May Elliott Wave Theorist states that "Investors have no memory of prior mood extremes. They always forget how they felt at such times, so they are free to feel the same way again and again." Learn how this truth relates to the current market. 

Filed Under: , CNBC, Elliott Wave Theorist, Fibonacci, investor psychology, market cycles, market forecasts

Category: Stocks 


An Analyst’s Best Friend? A Contracting Triangle
Two real-world examples of how an Elliott wave contracting triangle sets near- and long-term stages of opportunity

By Nico Isaac
6/14/2013 6:00:00 PM

Everyone knows: If you want the best meal in a fancy restaurant, ask what the chef's favorite dish is. That's what you order.  Likewise, if you want to make the most of near-term Elliott wave patterns, just ask which of the 13 known patterns is EWI Senior Analyst Jeffrey Kennedy’s favorite wave formation is. Then you wait for it to appear on the “plate” of a market’s price chart.

Filed Under: , cocoa futures, coffee futures, commodities, contracting triangle, Daily Futures Junctures, Jeffrey Kennedy, sugar futures

Category: Commodities 


Fast Money in a Thin Market: Stocks Record First 3-Day Losing Streak of 2013
Consider the strong evidence that the market stands at a major juncture.

By Bob Stokes
6/14/2013 12:45:00 PM

2013 started with a stock market bang. Many investors who had opted for the sidelines since the March 2009 low started pouring their money into stock mutual funds. Optimism permeated Wall Street. But it was fear that dominated on June 12. The CBOE Volatility Index closed at its second-highest level of the year. Are the stock indexes on the verge of a trend change?

Filed Under: , CNBC, Dow Jones Industrial Average (DJIA), Elliott Wave Theorist, market forecasts, mutual funds, Robert Prechter, VIX

Category: Stocks 


Meet the Elliott Wave "Man of Steel" – The Understated Strength of Wayne Gorman
Learn real-time trading from our resident Superman – with an exclusive LIVE webinar and one-on-one consultation.

By Jill Noble
6/14/2013 12:45:00 PM

This weekend is your chance to catch the unassuming "Man of Steel" on the big screen, and, if you are serious about improving your Elliott wave trading skills, it's your chance to catch Wayne Gorman on the small screen. Learn real-time trading from our mild-mannered, secret Superman and get an exclusive one-on-one consultation.

Filed Under: , Elliott Wave Education, Elliott Wave trading, technical analysis, Traders

Category: Education 


Video: How Wave Analysis Caught a 700-Pip Drop in USD/JPY
New video Elliott wave lesson in identifying a trading opportunity.

By Vadim Pokhlebkin
6/13/2013 3:15:00 PM

On May 30, when dollar/yen was trading above 101, the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, recorded a 6-minute video for his subscribers. In it, Jim said that USD/JPY was about to fall in a "third-of-a-third" sell-off, the strongest and fastest part of the Elliott wave sequence. Since then, USDJPY fell from above 101 to a low of 93.78 June 13 -- a 700+ pip move. Watch Jim's video in its entirety now. It's an Elliott wave lesson in identifying a trading opportunity that every forex trader can use again and again.

Filed Under: , Elliott wave, Elliott Wave trading, forex, forex trading, Japanese yen, trading lessons, U.S. dollar, usd/jpy

Category: Currencies 


Crude Oil May Head Back Above $100 If...
Objective analysis of crude oil's near-term trend provides key levels to support higher prices

By Nico Isaac
6/13/2013 1:00:00 PM

Wednesday June 12 quickly turned into a cooler-talking day for crude oil investors, mostly because the market completely ignored the bearish fundamental backdrop. "Crude does not have any real reason to turn around and rally," reported one news source. Yet, rally is exactly what crude prices did.

Filed Under: , crude oil, Elliott wave, Robert Prechter, supply and demand

Category: Energy 


Natural Gas (and UNG): Will Summer Heat Cool off Prices Even More?
While mainstream analysts worry about "fundamentals," here's what stands out to our own energy market expert.

By Vadim Pokhlebkin
6/12/2013 5:45:00 PM

On June 12, crude oil hit a three-week high. Yet another key member of the energy complex, natural gas, did the opposite and fell to a two-month low. The drop was blamed on expectation of "a bigger-than-average increase in U.S. stockpiles," which "doesn’t bode well for higher prices in the future.” Looking at the trend over the past few weeks, it's easy to understand such bearish opinions...

Filed Under: , crude oil, Elliott wave, Elliott Wave trading, futures trading, natural gas

Category: Energy 


Growing Debt Accelerates Worldwide Economic Contraction
Big asset manager calls for 60% chance of global recession in the next 3-5 years.

By Bob Stokes
6/12/2013 4:30:00 PM

A big asset management firm says recessions come about every six years, and global debt has increased since the recession that began in 2007. So the firm has raised its estimate of a worldwide recession to over 60% in the next 3-5 years. But much of the world already appears to be facing economic challenges. Robert Prechter argues that "recession" is not the right word to describe the state of the global economy.

Filed Under: , Bank of Japan, BRIC, CNBC, credit crisis, economic depression, economic indicators, Elliott wave, emerging markets, European debt crisis, Indian markets, liquidity, Robert Prechter, Shanghai Composite Index, Sovereign Debt, Wall Street

Category: Global Markets 


AUDUSD: Falling Into an Opportunity
Instead of the "fundamentals," Elliott waves track the shifts of market players' collective psychology, the true driver of the trend.

By Vadim Pokhlebkin
6/11/2013 9:45:00 PM

On June 11, AUDUSD fell to an almost 3-year low. The mainstream attributed Aussie dollar weakness to… well, you name it. A report showing that Australia's "home-loan approvals grew at the slowest pace in three months"? Check. Expectations for "further cuts to borrowing costs"? Check...

Filed Under: , Elliott wave, Elliott Wave trading, forex, forex trading, technical analysis

Category: Currencies 


The FTSE's Recent Fall: Will It Be Just a Footnote?
Only those who saw the beginning of the move can identify its end

By Nico Isaac
6/11/2013 5:30:00 PM

In late May, the media frenzy over the FTSE 100's uptrend was akin to commotion over Kate Middleton's (the Duchess of Cambridge) baby bump. And while the the royal heir's gender was still unknown, the mainstream financial experts were pretty darn certain about the stock market's identity -- a bouncing baby bull.
 

Filed Under: , Elliott wave, europe, european markets, financial forecast, FTSE, fundamental analysis

Category: European Markets 


The Fractal of Finance: Seeing Phi in the Stock Market
Scientists say Elliott waves could be the stock market's signature.

By Bob Stokes
6/11/2013 5:15:00 PM

Most of nature's fractals are governed by the Fibonacci sequence. It begins with 0 and 1, and each subsequent number is the sum of the previous two:  0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55 and so on. The Fibonacci sequence also governs the number of waves that form in the movement of aggregate stock prices. Right now, the math of the market reveals a big clue about the trend of stocks.

Filed Under: , Elliott wave, Fibonacci, history, market forecasts, phi, Ralph Nelson Elliott, Robert Prechter, stock indexes

Category: Classic Prechter 


Why Brilliant People Often Fail in Financial Markets
Isaac Newton lost $1 million in the South Sea Bubble. He said financial manias are driven by "human folly."

By Bob Stokes
6/10/2013 5:15:00 PM

If intelligence translated to investment success, then most professors and scientists would be wealthy. If anyone ever had "brains," it was Sir Isaac Newton. He lost $1 million in the South Sea Company bubble. Those who fail in financial markets often assume that cold reason governs market prices. But the opposite is true. 

Filed Under: , Elliott wave, herding, history, investor psychology, mania, Robert Prechter, social mood

Category: Stocks 


Gold's Near-Term Stage is Set
Why gold prices were set to fall before the June 7 US Nonfarm Payrolls report.

By Nico Isaac
6/10/2013 7:00:00 AM

A lot of financial market watchers have locked on to one main news event: The June 7 US Nonfarm Payrolls report. The problem is -- if you believe the reporting -- the reaction to the news began before the news itself arrived. Take a look...

Filed Under: , Elliott wave, Gold, gold futures, precious metals

Category: Gold and Silver 


Was Abenomics Behind Japan's Stock Market Rally or Not?
The answer depends not on who you ask -- but when

By Nathaniel Williams
6/7/2013 5:15:00 PM

Did Abenomics cause the Nikkei's seemingly inexplicable 70% rally, or did it have a negative impact? The answer depends not on who you ask -- but when.

Filed Under:

Category: Asian Markets 


Get Ahead of the Crowd BEFORE It Moves
Use the Wave Principle to identify the trend of investor behavior.

By Bob Stokes
6/7/2013 5:15:00 PM

Individuals in the market crowd unconsciously take their cues from one another. Most feel like they don't know enough to make independent decisions. So, they look to others for signals -- in the hope that others know more. In turn, the process becomes self-reinforcing.
Robert Prechter put it this way ...

Filed Under: , Elliott wave, herding, investment decisions, investor psychology, Robert Prechter

Category: Classic Prechter 


UK Banks: Back on Solid Ground?
Our chart of the FTSE 350 Banks Index is only the beginning of the discussion

By Nico Isaac
6/7/2013 3:15:00 PM

In May 2013, Britain's top five banks announced that they will meet capital levels required by the Bank of England without having to sell shares. "This is confirmation that the capital debate is over," began one news source. "The funding problem in the UK is over." So, are they right?

Filed Under: , Bank of England, banks, Elliott wave, europe, financial forecast

Category: European Markets 


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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.