Elliott Wave InternationalmyEWISocioniomics.Net

EURUSD: The First Shoe Drops
The Fed statement on Wednesday disappointed some, but Elliott waves have stayed a step ahead.

By Vadim Pokhlebkin
5/1/2013 4:45:00 PM

Gotta love "the Fed talk" -- as in, the central bank's statement on Wednesday afternoon: "The committee is prepared to increase or reduce the pace of its (bond) purchases to maintain appropriate policy accommodation as the outlook for the labor market or inflation changes." Let's translate that...

 

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, Federal Open Market Committee (FOMC), forex, forex trading, quantitative easing, technical analysis, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


Did a Divided Fed Cause Gold's Decline?
The answer is in central bank charts of gold prices and stimulus initiatives since September 2011.

By Nico Isaac
4/10/2013 7:00:00 PM

Ask a mainstream economist about the relationship between central bank monetary policy and precious metals, and you'll probably hear something like: Stimulus is to gold prices what doping is to Lance Armstrong's cycling speed. Stop the money printing and low interest rates, and you slow down gold's gains.

Filed Under: banks, central banks, Elliott wave, Federal Open Market Committee (FOMC), Gold, inflation, precious metals, quantitative easing, Traders, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


EURUSD: At a 6-Week Low
The weakness in EURUSD did not start AFTER the Fed's minutes were released

By Vadim Pokhlebkin
2/21/2013 10:45:00 PM

On Wednesday and Thursday of this week (Feb. 20 and 21), the world's most-traded forex market lost almost 300 points (or pips). The drop in the euro (and the U.S. dollar rally) has been widely attributed to two factors...

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, Federal Open Market Committee (FOMC), forex, forex trading, technical analysis, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


Little to Show for the $3 Trillion Federal Reserve Balance Sheet
The U.S. central bank's bond-buying spree has merely kept the economy running in place

By Bob Stokes
2/5/2013 5:30:00 PM

The Federal Reserve's aggressive bond buying has caused the central bank's balance sheet to balloon to $3 trillion for the first time. But for all of its quantitative easing initiatives, the economy remains fragile. Three economic professionals share a sobering outlook for the economy that's similar to the warnings in the second edition of Conquer the Crash.

Filed Under: Bob Prechter, central banks, CNBC, conquer the crash, deflation, economic indicators, Elliott wave, Federal Open Market Committee (FOMC), U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Does More Monetary Stimulus Mean Higher Gold Prices?
Central bank charts of gold prices & stimulus initiatives since Sept. 2011 set the record straight

By Nico Isaac
1/30/2013 5:45:00 PM

Ask any mainstream economist worth his or her salt about the relationship between central bank monetary policy and precious metals, and you'll probably hear something like: Stimulus is to gold prices what doping is to Lance Armstrong's cycling speed. Stop the money printing and low interest rates, and you significantly slow down gold's gains. Are they right? Is there a correlation between monetary easing and rising gold prices?

Filed Under: Bank of England, central banks, Elliott wave, Federal Open Market Committee (FOMC), Gold, Interest Rates, monetary policy, quantitative easing, stimulus package, Traders, Treasury bonds, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


Extra, Extra, WATCH All About It: A New Video on Gold & Silver
A special video reveals a "key, near-term juncture" in both gold and silver

By Nico Isaac
12/12/2012 5:30:00 PM

On Dec. 12, gold investors waited with baited breath for the release of the minutes from the Fed's Open Market Committee meeting. "Fed May Hold the Key to Gold's Riddle," read one Financial Times headline. The key issue? Whether the Fed would keep its finger on the shiny, green monetary "stimulus" button. If only the reality was that cut and dry.

Filed Under: Elliott wave, Elliott Wave Principle, Federal Open Market Committee (FOMC), Gold, monetary policy, QE2, quantitative easing, silver, Traders, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


Gold Bulls: Smooth or Bumpy Sailing Ahead?
EWI's Metals Specialty Service uses objective Elliott wave analysis to navigate the near-term turns in gold

By Nico Isaac
10/1/2012 4:45:00 PM

Wow! When I woke up this morning, gold prices had rocketed $30 per ounce to an intraday high of $1794. Apparently, a shocking "Can-Do-More" statement from the Federal Reserve Bank of Chicago President Charles Evans was the spark that lit gold's bullish wick. Wrote one news source: "Gold Jumps to 10-month After Fed Official's Dovish Remarks."

Filed Under: Elliott wave, Federal Open Market Committee (FOMC), fundamental analysis, Gold, precious metals, silver, Traders, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


Today’s Gold Rally: Fed Spike or Elliott Wave Script?
EWI’s Metals Specialty Service foresaw the rise in gold BEFORE the QE3 was announced

By Nico Isaac
9/13/2012 6:30:00 PM

Raise your hand if you believe that today’s $30-plus per ounce rally in gold was a direct result of the U.S. Federal Reserve announcing a 3rd round of quantitative easing? Oh whoops! I really hope you weren’t driving your car just then because chances are, your steering arm just went flying up into the air.

Filed Under: Elliott wave, Federal Open Market Committee (FOMC), Gold, quantitative easing, silver, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


Gold: Near-Term Action Fits a Classic Elliott Wave Pattern
EWI’s Metals Specialty Service uses objective Elliott wave analysis to steer a course through gold’s near-term gyrations

By Nico Isaac
9/11/2012 5:30:00 PM

According to mainstream analysis of financial markets, root causes called "fundamentals" give rise (or fall) to turns in a market's price trend. But in reality, all too often changes in price happen first. Then, the mainstream experts swoop in and try to quickly adjust "fundamentals" to fit price action -- after the fact. Take, the recent news items pinning gold's near-term trend to the Federal Reserve's next open market committee meeting.

Filed Under: Elliott wave, Federal Open Market Committee (FOMC), fundamental analysis, Gold, precious metals, silver, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


Morphine-Injected Economy: Patient Remains Bed-Ridden
Position yourself properly for "a gigantic public disaster"

By Bob Stokes
7/27/2012 4:45:00 PM

Many people do not realize how long U.S. economic growth as been slowing. Moreover, this slowdown has a parallel to the lead-up to the Great Depression. Look at this chart...

 

Filed Under: Ben Bernanke, debt, deflation, economic depression, Federal Open Market Committee (FOMC), great depression, gross domestic product (GDP), Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


The Federal Reserve Has No Cure for What Ails the Economy
Learn why the credit crisis will inevitably conclude in a deflationary depression

By Bob Stokes
7/18/2012 3:30:00 PM

The Federal Reserve will not be able to prevent a global credit collapse. EWI's Financial Forecast Service offers ideas on how to position yourself. These are ideas you can put to work right away. The unprecedented build-up of credit in the past 80 years means the economic collapse could be swift. It's best to prepare now...

Filed Under: banks, Ben Bernanke, central banks, credit crisis, credit rating, debt, deficit, deflation, economic depression, economic indicators, Elliott wave, european central bank, European debt crisis, Federal Open Market Committee (FOMC), Greenspan, liquidity, M3 money supply, monetary policy, monetization, QE2, quantitative easing, Sovereign Debt, Treasury bonds, U.S. Federal Reserve (the Fed), unemployment

Category: U.S. Economy


Fed: 0% Interest Rates Through 2014 -- Maybe 2015. Bullish or Bearish for Stocks?
The answer is probably NOT what you are expecting

By Vadim Pokhlebkin
6/26/2012 5:15:00 PM

On January 25, Ben Bernanke said that the Fed's near-zero interest rate policy would be unchanged for another two years, through 2014. But now, reports The Wall Street Journal... recently revised projections from Fed officials have some economists guessing the Fed might decide to stick with its easy-money policy into 2015. Question: What does this mean for the stock market through 2014 -- or 2015?

Filed Under: Ben Bernanke, Bob Prechter, Dow Jones Industrial Average (DJIA), Elliott wave, Federal Open Market Committee (FOMC), Interest Rates, Nasdaq Composite, Robert Prechter, S&P 500, stock indexes

Category: Stocks


S&P 500: Did the 13.74-Point Rally Finish the Move?
From an Elliott wave perspective, there was a good reason for the June 15 rally

By Vadim Pokhlebkin
6/15/2012 5:00:00 PM

There were few "fundamental" reasons to be bullish on U.S. stocks on Friday morning (June 15). If anything, the news that the U.S. unemployment rose in 18 states in May sounded downright bearish. But stocks rallied anyway...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Federal Open Market Committee (FOMC), futures trading, Nasdaq Composite, S&P 500, technical indicators, trade targets, trendlines, U.S. STOCK MARKET

Category: Stocks


A Not-So-Funny Thing Happened on the Way to the Economic Recovery
If this is what a "recovery" looks like, imagine the "economic reversal"

By Bob Stokes
12/15/2011 5:30:00 PM

After reading this, you may wonder how healthy the "economic recovery" really is...

Filed Under: banks, debt downgrade, deflation, Federal Open Market Committee (FOMC), Interest Rates, monetary policy, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Living in the Post-QE World
Today's chart punctures the popular notion that stocks must fall if bond yields were to rise, post-QE2

By Nico Isaac
6/29/2011 11:30:00 AM

The countdown to a post-QE financial world is over in t-minus 10, 9, 8... Today, June 30 marks the end of the U.S. Federal Reserve's massive "quantitative easing" program. So the question is: Withe end-of-QE days be a world in which only stock-roaches and Twinkies survive? All jokes aside, many mainstream experts say life after the Fed's historic stimulus campaign will be markedly different for the stock and bond markets.

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Federal Open Market Committee (FOMC), market forecasts, Nasdaq Composite, QE2, quantitative easing, Robert Prechter, S&P 500, safe haven, stock indexes, Treasury bills (T-bills), U.S. Federal Reserve (the Fed), U.S. Treasuries

Category: Stocks


What Will Happen to the Stock Market When QE2 Ends?
Club EWI's free "Independent Investor eBook, 2011 Edition" offers you an unorthodox view of the Fed's quantitative easing program

By Vadim Pokhlebkin
6/27/2011 12:00:00 PM

Club EWI's free "Independent Investor eBook, 2011 Edition" offers you an unorthodox view of quantitative easing and its "effects" on stocks and the economy...

Filed Under: Ben Bernanke, Elliott wave, Federal Open Market Committee (FOMC), liquidity, market manipulation, monetary policy, monetization, Robert Prechter, QE2, quantitative easing, Robert Prechter, stimulus package, U.S. Federal Reserve (the Fed)

Category: Stocks


DJIA Closes Below 12,000 -- Again. What's Going On?
Better results come from directly observing market behavior, not reading Fed statements

By Vadim Pokhlebkin
6/24/2011 5:15:00 PM

On Wednesday, June 22, the Federal Reserve Bank released its latest interest rates policy statement (no change). Afterward the Fed Chairman Ben Bernanke held a press conference, followed by a Q&A period. The financial media paid lots of attention to what Bernanke said. Our own Steve Hochberg -- editor of the Monday-Wednesday-Friday Short Term Update -- had this to say about Bernanke's press conference...

Filed Under: Ben Bernanke, economic depression, Elliott wave, Federal Open Market Committee (FOMC), gross domestic product (GDP), monetary policy, QE2, quantitative easing, recession, stimulus package, stock indexes, U.S. Federal Reserve (the Fed)

Category: Stocks


Six Straight Weeks of Decline Take DJIA Below 12,000: What Now?
Before blaming falling stocks on the most recent weak economic reports, let's check some dates

By Vadim Pokhlebkin
6/10/2011 5:30:00 PM

As of June 10, the Dow has suffered the "longest losing streak since the fall of 2002," reports The Associated Press. As for why stocks are falling, most observers agree: Blame "weaker hiring, industrial output, and a moribund housing market." The economic reports from the past two weeks made that clear. But wait a minute. The DJIA didn't top in the past two weeks -- it topped on April 29!

Filed Under: Bear market, Ben Bernanke, bull market, Dow Jones Industrial Average (DJIA), economic depression, Elliott wave, Federal Open Market Committee (FOMC), Nasdaq Composite, S&P 500, stimulus package, unemployment

Category: Stocks


Silver's 13% Intraday Drop: Just A "Flash Crash" In the Pan?
EWI's Metals Specialty Service reveals whether silver's parabolic rise is coming to an end -- or set to continue.

By Nico Isaac
5/2/2011 3:45:00 PM

On April 29, people all across the globe tuned into the 24-hour media coverage surrounding one main celebration -- and no, I'm not talking about the Royal Wedding at Buckingham Palace. The other widely watched event did not take place on Westminster Abbey, but rather on Wall Street. There, silver was crowned "king" of the precious metals after soaring to its highest level in more than three decades. In the last year alone, silver prices have surged 148%, officially dethroning the prior metal monarch, gold. (Gold has rallied 29% over the same period.)

Filed Under: Federal Open Market Committee (FOMC), gold futures, silver futures, Wall Street, Elliott Wave trading

Category: Gold and Silver


How Analyzing Forex with Elliott Wave Can Help You Catch Both Rallies and Declines
FreeWeek of Elliott Wave International's Currency Specialty Service is here (Nov. 10 - Nov. 18

By Vadim Pokhlebkin
11/9/2010 2:45:00 PM

FreeWeek is Here! At noon EST on Wednesday, November 10, log into Elliott Wave International's Subscribers page with your free Club EWI password or an existing subscriber ID -- and read Currency Specialty Service forecasts free for a week during EWI's famous FreeWeek event. No strings attached; details for instant free access here.

Filed Under: forex trading, euro/USD exchange rate, euro, U.S. dollar, Elliott Wave Principle, Federal Open Market Committee (FOMC)

Category: Currencies


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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.