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U.S. Markets and the Transition from Greed to Fear
Prechter: "When this piper gets paid, it's going to be an awesome sight."

By Bob Stokes
4/16/2013 5:45:00 PM

Measuring market greed versus market fear can provide a useful tool for gauging investor sentiment. EWI looks at investor sentiment as well as the market's momentum and price pattern. Altogether, they provide a valuable perspective on whether greed or fear will prevail in the future. Robert Prechter offers his perspective on the market's current juncture.

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, history, market crash, Robert Prechter, sentiment, VIX, Wall Street

Category: Stocks


Raise Your Hand if You Believe Earnings Drive Stock Prices
Now, a mountain of evidence proves why this long-accepted belief is sorely misguided

By Nico Isaac
4/9/2013 6:00:00 PM

April is national Finanical Literacy month. With that in mind, we ask one simple true or false question: Do earnings drive stock prices? Wall Street and the financial media think the answer is as obvious as the blue sky on a cloudless day. In fact, when the 2013 corporate earnings season kicked off on April 8, the news was flooded with stories confirming the supreme role of earnings in market trends.

Filed Under: Bob Prechter, earnings, Elliott wave, Elliott Wave Theorist, financial forecast, market myths, Robert Prechter, S&P 500, U.S. STOCK MARKET, Wall Street

Category: Stocks


Apple Inc's Selloff Shows How the Herd Waits For No Man
Think the professionals were separate from the herd? These charts will make you think again

By Nico Isaac
2/12/2013 6:30:00 PM

Unless your name is Snow White and you've been in a deep sleep for months, you know that the share price of tech behemoth Apple Inc. has fallen hard. Talk about poison fruit: Since hitting an all-time high in September 2012, Apple stock prices (AAPL) have rotted to a one-year low, alongside flat earnings, and falling profit margins to levels not seen since the 2007 finanical crisis. And, according to recent New York Times article, many Apple shareholders were snared by the bearish trap in the one way you wouldn't expect -- by following the mainstream experts.

Filed Under: Bob Prechter, Elliott wave, Elliott Wave Theorist, fundamental analysis, herding, Robert Prechter, Wall Street

Category: Stocks


Stock Market Lesson: "Institutional Investors Say a Crash Can't Happen"
Even professional investors can be radically wrong

By Bob Stokes
2/4/2013 4:45:00 PM

Even those who head large financial institutions can be way off the mark with financial assessments. That was the case around the 1929 stock market top and other historical market milestones. Market history may repeat as prominent Wall Street figures sing from the same songbook. Learn why it's an important time to be an independent-minded investor.

Filed Under: 1929 Stock Market Crash, CNBC, Elliott wave, financial forecast, herding, history, investor psychology, mania, market crash, market forecasts, mutual funds, risk management, sentiment, U.S. STOCK MARKET, Wall Street

Category: Stocks


Why "Predicting the Present" Is Not a Forecast
Stock market trend changes are almost always unexpected.

By Bob Stokes
1/7/2013 7:00:00 PM

Most mainstream market forecasts boil down to trend extrapolation. By definition, a forecast describes the future. But all too often, people who try to describe the future do little more than "predict the present." Recent bullish 2013 forecasts from Wall Street may have been voiced on the verge of a major trend change.

Filed Under: 1929 Stock Market Crash, banks, Bob Prechter, Citigroup, Elliott Wave Theorist, financial forecast, Goldman Sachs, herding, history, investor psychology, long-term trend, market crash, market forecasts, sentiment, stock indexes, Wall Street

Category: Stocks


Lesson in Elliott Waves: How to Identify Price Targets For Waves 2 And 4
Elliott Wave Junctures newest video lesson gives you the ultimate advantage for anticipating major turns in financial markets

By Nico Isaac
10/18/2012 3:00:00 PM

Without discipline, trading in financial markets is like skydiving without a working parachute. Having one has always been the number one rule of every market success story, including EWI Senior Analyst Jeffrey Kennedy. For over 20 years, Jeffrey’s primary discipline has been Elliott wave analysis, combined with traditional technical methods. By now, Jeffrey knows the specific rules and guidelines of the Wave Principle like the back of his hand, all the while bringing his own, original trading lessons and indicators into being.

Filed Under: Elliott wave, Elliott Wave trading, Jeffrey Kennedy, stock indexes, technical indicators, Wall Street

Category: Trading Lessons


Wall Street Is Tied to the Whipping Post, And the Lashing Has Only Begun
Public hostility toward the financial sector will likely grow

By Bob Stokes
10/3/2012 5:15:00 PM

Wall Street is being punched, probed and pink-slipped: Nearly four years into the economic "recovery," tens of thousands of people employed in the financial sector are still being shown the door.

Filed Under: banks, economic indicators, Elliott wave, unemployment, Wall Street

Category: U.S. Economy


Has the Market Gone from Secular Bear to Just Plain Bull? Hear & Read Bob Prechter’s Answer
The August 2012 Elliott Wave Theorist audio-and-print edition reveals 8 “stunning technical conditions” in US stock markets right now. Hear and Read about 1 of them today.

By Nico Isaac
9/5/2012 5:45:00 PM

Over the past 3 years, the US stock market has done its darndest to turn the nightmare of March 2009 – when the blue-chips circled the drain of a 12-year low – into a distant memory. And, the growing consensus on main street says the only sucker in this “sucker’s rally” is any investor who doesn’t accept that the market’s uptrend is for REAL.
 

Filed Under: Dow Jones Industrial Average (DJIA), Elliott Wave Theorist, Robert Prechter, S&P 500, U.S. STOCK MARKET, Wall Street

Category: Stocks


U.S. Investors: Beware a Sudden Shift in Volatility
Fear may surge soon

By Bob Stokes
7/17/2012 4:00:00 PM

Recent muted volatility may represent the calm before the storm. If so, the big question is, how severe will the financial storm be? Elliott wave analysis can provide a high-confidence forecast...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, market forecasts, momentum, oscillators, Traders, volatility, volume, Wall Street

Category: Stocks


Let's Talk About the July 6 Crude Oil Decline, Shall We?
EWI's Energy Specialty Service used Elliott wave analysis to foresee crude oil's downside potential BEFORE the fundamental du jour payrolls report.

By Nico Isaac
7/6/2012 4:00:00 PM

Here is a simulated conversation between 2 crude oil marketgoers regarding the July 6 bearish price action: Marketgoer 1, we'll call him "Mike": Holy Moly! Today's intraday action in crude oil saw prices plunge 2.8%-, 3.0%-, then 3.4% before the closing bell. What do you think caused the slide?

Filed Under: crude oil, Elliott wave, fundamental analysis, Wall Street

Category: Energy


U.S. Stocks: Stronger Wall Street Winds Ahead?
Has the turbulence only started?

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

For the past several months, volatility was absent as the market mainly traded sideways. Many participants were complacent. Some opined that the market was simply gathering its strength before the next leg up. We viewed the lackluster market action as...

Filed Under: Elliott wave, market forecasts, S&P 500, technical indicators, U.S. STOCK MARKET, VIX, volatility, volume, Wall Street

Category: Stocks


Stock Market Turning Points: Has Wall Street Ever Warned You in Time?
Divorce yourself from the crowd. Independence is good.

By Bob Stokes
4/11/2012 5:45:00 PM

When it comes to financial markets, most allow others to do their thinking for them. You've heard the phrase "the blind following the blind." Yes, they both fall into the ditch. At Elliott Wave International, our mission is to keep our subscribers out of the ditch. To do so, we must first...

Filed Under: Elliott wave, herding, Robert Prechter, Wall Street

Category: Classic Prechter


Will Goldman Sachs Lead the Way Down (Again)?
A departing insider points the finger: Is the market next?

By Bob Stokes
3/14/2012 4:45:00 PM

Goldman not only survived the 2007-2009 financial crisis, losses in the firm's core business were offset by a bearish bet on the mortgage sector -- a bet which came at the expense of Goldman's own customers. What does this have to do with today? Read this...

Filed Under: debt crisis, Elliott wave, Goldman Sachs, Wall Street

Category: Stocks


Stock Market Bull: Real or Phony?
Robert Prechter's new Elliott Wave Theorist puts the S&P 500 rally to a "golden" truth test

By Nico Isaac
2/27/2012 5:15:00 PM

On February 24, the S&P 500 rose to its highest level in nearly four years after breaking through its long-standing April 29, 2011, peak. And, according to the mainstream experts, there is just one word to describe the S&P's long-term future: "Ole!"  Are the bulls right?

Filed Under: Bob Prechter, bull market, Dow Jones Industrial Average (DJIA), Elliott wave, Gold, Robert Prechter, real Dow, Robert Prechter, S&P 500, U.S. STOCK MARKET, Wall Street

Category: Stocks


Wall Street Pay Gets Whacked: Why Should You Care?
Is Main Street next?

By Bob Stokes
2/22/2012 5:15:00 PM

Here's an irony: while recent news reports were upbeat about the decline in unemployment (to 8.3 percent), Wall Street bonuses were being downsized. Is Main Street next?...

Filed Under: financial forecast, Wall Street

Category: U.S. Economy


Are Stock Buybacks a Bullish Sign? See This Chart for Answer
As is often the case, mainstream finance is looking at the wrong trend indicators

By Vadim Pokhlebkin
2/15/2012 5:15:00 PM

Most investors see share buybacks like this one as bullish for the broad stock market. Says one investment strategist: "If the corporate community really agreed on the idea we’re heading to a recession, they wouldn’t be buying back their stock." That logic makes perfect sense…until you dig a little deeper.

Filed Under: bull market, buy and hold, Dow Jones Industrial Average (DJIA), Elliott wave, Nasdaq Composite, S&P 500, Wall Street

Category: Stocks


Facebook IPO: Will the Frenzy Fuel Share Prices?
Is Facebook worth $75-$100 billion of excitement?

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


Do Housing Prices Hurt/Help US Stocks?
See an eye-opening chart in Robert Prechter's current Elliott Wave Theorist that sets the record straight

By Nico Isaac
1/31/2012 5:00:00 PM

"Fundamental" analysis of financial markets follows one simple formula: negative economic data equal a fall in stock prices; positive data equal a rise. And, underneath every mainstream finanical news report, this equation lies. Take, for example, the long-awaited release of the S&P/Case-Shiller Index of US Property Values in 20 major cities.

Filed Under: Bob Prechter, debt, deflation, Elliott wave, Elliott Wave Theorist, fundamental analysis, housing prices, inflation, Robert Prechter, S&P 500, U.S. STOCK MARKET, Wall Street

Category: Stocks


Can The Fed Rebuild The US Housing Market?
Robert Prechter's latest Elliott Wave Theorist shows you compelling evidence on whether the wait for a housing recovery is almost over

By Nico Isaac
1/23/2012 5:30:00 PM

As the leading US economists look ahead to the future, they see one glaring obstacle standing in the way to lasting recovery: the still, defunct real estate market. And, according to many mainstream experts, there is one surefire way to turn the housing sector around: government stimulus, stimulus, and more stimulus.

Filed Under: central banks, home sales, housing prices, Interest Rates, Robert Prechter, Robert Prechter, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, Wall Street

Category: Real Estate


Famous Stock Market Myths Revealed: Part One, "The January Effect"
Is the supposed tendency of markets to perform a certain way during specific times of the year is based in reality?

By Nico Isaac
1/4/2012 12:45:00 PM

It's the first week of 2012, and the mainstream finanical experts have already turned their deck of old proverbs over to start again from the very top. Their first card is "the January Effect" -- the widespread notion that the performance of stocks in first month determines the rest of the year.

Filed Under: Dow Jones Industrial Average (DJIA), Dow Jones Industrial Average (DJIA), S&P 500, U.S. STOCK MARKET, Wall Street

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.