Elliott Wave InternationalmyEWISocioniomics.Net

Higher Housing Prices: Prepare for the Flop to Follow the Flip
Will real estate history repeat?

By Bob Stokes
5/10/2013 5:30:00 PM

The National Association of Realtors reports that home prices are up 11.6% year over year. And that has a new surge of house flippers into the real estate market. If the housing market is poised for another dramatic downturn, almost no one sees it coming.

Filed Under: all the same market theory, Bob Prechter, Elliott Wave Theorist, herding, history, housing prices, market crash

Category: U.S. Economy


The Housing Recovery Rests on an Unstable Foundation
Yale's Robert Shiller says the recent rebound in home prices is "artificial"

By Bob Stokes
3/28/2013 5:30:00 PM

The housing market has gone from financial rubble to what some analysts describe as another bubble. It's true that home prices are still nearly 30% below their mid-2000s peak. Yet the recent surge has Robert Shiller of the Case-Shiller Home Price Index concerned. Learn why.

Filed Under: 1929 Stock Market Crash, all the same market theory, CNBC, commercial real estate, economic indicators, Elliott Wave Theorist, foreclosures, great depression, history, home sales, housing prices, quantitative easing, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Suburban Poverty Up Nearly 64%
If this is an economic recovery, what will the next contraction look like?

By Bob Stokes
3/25/2013 4:45:00 PM

New research shows that poverty has spread faster in the suburbs than the inner city. Many Americans still haven't recovered from the real estate bust. Unemployment and under-employment remain historically high. Robert Prechter writes, "The Fed is doing everything it can to try to keep the credit balloon inflated. But it’s failing, because the markets and the economy are certainly not zooming, despite all the QEs and 0% interest rates." In the new Elliott Wave Theorist, you'll find 11 charts. Six of them, accompanied by Prechter's unique commentary, show why Americans should brace themselves for a major change in the economy.

Filed Under: CNBC, debt, deflation, economic indicators, Elliott wave, foreclosures, housing prices, Interest Rates, liquidity, personal finance, quantitative easing, Robert Prechter, stimulus package, U.S. STOCK MARKET, unemployment

Category: U.S. Economy


As Home Equity Lines of Credit Surge, The Low-Interest Rate Trap is Set
Borrowers feel confident about the future

By Bob Stokes
3/12/2013 6:00:00 PM

Americans borrowed roughly $1-trillion against their homes in the decade leading up to the housing bubble burst. That dollar figure remains well above recent home equity loan levels, however, CNBC reports that home equity loans are expected to increase in 2013 as homeowners take advantage of low rates. Will a second wave of price declines in real estate come, just as most homeowners think the market has recovered from the first wave?

Filed Under: CNBC, commercial real estate, deflation, Elliott Wave Theorist, financial forecast, foreclosures, home sales, housing prices, Interest Rates, market forecasts

Category: Interest Rates


EURUSD: Story of the Week
Elliott waves in forex markets keep warning you of important trend changes

By Vadim Pokhlebkin
3/1/2013 3:45:00 PM

Our Senior Currency Strategist, Jim Martens, likes to say that, "You must faith in your analysis method." Here's another example of that. This week, the U.S. dollar strength pushed EURUSD, the euro-dollar exchange rate, below $1.30 for the first time in months. The week was rich on economic news. We learned that...

 

Filed Under: consumer confidence, Elections, Elliott wave, Elliott Wave trading, europe, eurozone, Fibonacci, forex, forex trading, fundamental analysis, gross domestic product (GDP), home sales, housing prices, technical analysis, technical indicators, U.S. dollar, unemployment

Category: Currencies


A Harsh Real Estate Lesson Goes Unlearned
Will no money down buyers have to 'KISS' their home goodbye?

By Bob Stokes
2/25/2013 4:30:00 PM

You might think the harsh lesson from the 2007-2009 financial crisis has been thoroughly learned. Think again. Incredibly, no-money-down mortgages have returned. Find out why highly-leveraged real estate investors should be keenly interested in what's around the corner for stocks. The February Elliott Wave Theorist is 120% longer than the standard issue and elaborates on what's likely ahead for the U.S. stock market.

Filed Under: all the same market theory, Elliott Wave Theorist, home sales, housing prices, market forecasts, Robert Prechter, U.S. STOCK MARKET

Category: U.S. Economy


High-End Real Estate: "The Market is Insane, I've Never Really Seen Anything Like It."
What's ahead for the re-inflation of real estate?

By Bob Stokes
1/25/2013 3:30:00 PM

Second chances don't always present themselves in financial markets. And when opportunities to recoup losses do appear, the psychology of the moment may stop people from taking beneficial actions. Consider the stock market and the recent surge in high-end real estate prices.

Filed Under: CNBC, economic indicators, Elliott wave, herding, home sales, housing prices, investor psychology, mania, stock indexes

Category: U.S. Economy


Why Conventional Stock Analysts Stumble When They Look to the Economy

By Bob Stokes
1/9/2013 5:00:00 PM

It's futile to use the jobless number, gross domestic product, home sales, factory orders, corporate earnings, consumer spending -- or any other economic indicator -- to forecast stocks. Learn why.

Filed Under: Bob Prechter, earnings, economic indicators, Elliott wave, fundamental analysis, gross domestic product (GDP), home sales, housing prices, market forecasts, social mood, unemployment

Category: U.S. Economy


Real Estate Mania Makes a Comeback
Home bidding wars in Washington D.C.

By Bob Stokes
12/21/2012 5:30:00 PM

In most parts of the country, residential real estate prices remain well below their peak highs. Yet the resurgent bidding wars in some markets suggest that the lesson about bubbles remains unlearned. Will these new, highest-bidder home buyers have the price rug pulled out from under them in the same way buyers did in the mid-2000s?

Filed Under: conquer the crash, deflation, economic indicators, Elliott wave, home sales, housing prices, Robert Prechter, subprime lending

Category: U.S. Economy


Why the Door May Slam Shut on the Residential Real Estate "Rebound"
How the mortgage-crisis still haunts the economy

By Bob Stokes
12/10/2012 4:30:00 PM

A securities lawyer told the New York Times that "We are at an all-time high for mortgage litigation." The lawsuits involve some $1-trillion worth of mortgage-backed securities; banks stand to lose as much as $300-billion. But this "fresh torrent" of mortgage lawsuits against banks is just one headwind that the so-called housing recovery faces. Learn what else may trip up the so called housing "recovery."

Filed Under: economic indicators, Elliott wave, foreclosures, great depression, home sales, housing prices, insurance industry, Interest Rates, subprime lending

Category: U.S. Economy


The Expected Housing Recovery Faces a Brick Wall
Re-emergent house flippers are set to flop.

By Bob Stokes
12/4/2012 4:00:00 PM

Two years before the housing bust became painfully obvious to U.S. homeowners, EWI's publications warned subscribers that the housing market had reached extremes and was about to bust.  Now, lofty expectations for home prices have returned. So have house "flippers." Is it different this time? Is it safe again to speculate in U.S. real estate?

Filed Under: deflation, economic indicators, home sales, housing prices, Magazine Cover Indicator, mania, subprime lending

Category: U.S. Economy


Financial Weapons of Mass Destruction are Back and Bigger Than Ever
A return to pre-financial crisis days

By Bob Stokes
10/16/2012 5:45:00 PM

The alarming increase in derivatives and renewed real estate speculation are major economic red flags. Yet, EWI sees even more evidence that the second and more devastating leg of the downturn is nigh.

Filed Under: credit default swaps, derivatives, economic indicators, Elliott wave, foreclosures, housing prices, Troubled Asset Relief Program (TARP)

Category: U.S. Economy


Economic Gloom or Recovery? 5 Signs That One is Ahead
The economy has never really recovered since the 2007-2009 financial crisis

By Bob Stokes
9/19/2012 4:45:00 PM

The "Great Recession" never ended. A more accurate way of describing the state of the economy is the onset of "depression." You can learn the exact year that EWI believes the economy will bottom...

Filed Under: deflation, economic depression, economic indicators, Elliott wave, housing prices, recession, unemployment

Category: U.S. Economy


Deflationary Forces Hard at Work in the United Kingdom
Why Great Britain has "very weak demand" for consumer loans

By Bob Stokes
8/10/2012 2:15:00 PM

So much is uniquely British. But the United Kingdom has at least one thing in common with many other countries: a developing economic deflation. Around the globe, many nations have stagnant economies. In Great Britain, the economy is...
 

Filed Under: Bank of England, conquer the crash, deflation, economic depression, economic indicators, Elliott wave, european central bank, european markets, housing prices, soverign debt crisis

Category: European Markets


History Has a Lesson for Real Estate Investors Who Think the Bubble is Fully Deflated
The service that forecast the real estate implosion warns of other bubbles

By Bob Stokes
7/16/2012 4:15:00 PM

Remember, real estate turned with lightning speed and accelerated downward. Yet the plunging prices were almost universally unexpected. Other financial asset classes are now sending equally ominous signs of major trend turns...

Filed Under: all the same market theory, commercial real estate, conquer the crash, consumer confidence, debt, deflation, economic depression, Elliott wave, financial forecast, foreclosures, great depression, history, home sales, housing prices, market forecasts, subprime lending

Category: U.S. Economy


How to Keep Your Head Above Deflation and Economic Depression
Protect your finances and future during the downward spiral

By Bob Stokes
7/13/2012 3:45:00 PM

As the velocity of money slows, a man known for having plenty of it has just changed his long held upbeat economic tune. On July 12, billionaire Warren Buffet...

Filed Under: conquer the crash, debt crisis, deficit, deflation, economic depression, Elliott wave, European debt crisis, housing prices, liquidity, M3 money supply, soverign debt crisis, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Calling Major Turns: How to Spot the Financial Bubbles Next in Line
EWI has a record of spotting major turns most investors miss

By Bob Stokes
6/28/2012 5:15:00 PM

In each of these major Elliott Wave International financial forecasts, the consensus opinion was on the opposite side. In other words, most investors never saw these major trend changes coming, so they were not prepared to protect themselves or take advantage. EWI is now bucking prevailing opinion again...

 

Filed Under: Bob Prechter, commodities, CRB index, crude oil, Dow Jones Industrial Average (DJIA), Elliott wave, housing prices, S&P 500, sentiment, U.S. STOCK MARKET

Category: Stocks


Largest City Bankruptcy Ever: Stockton Will Not Be Alone
Too much borrowing and spending will doom other municipalities

By Bob Stokes
6/27/2012 4:30:00 PM

A recent issue of the The Elliott Wave Financial Forecast observes that "Muni investors have so far shrugged off the increased risk of defaults." Complacency is a financially dangerous mind-set right now. The financial dominoes are all lined up, and it appears the invisible finger has just nudged the first domino...

Filed Under: Club EWI, commercial real estate, conquer the crash, debt, deficit, deflation, economic depression, economic indicators, Elliott wave, home sales, housing prices, municipal bonds, pension funds

Category: U.S. Economy


Europe's Financial Fiasco: Migrating to the United States?
History may repeat itself

By Bob Stokes
5/29/2012 4:00:00 PM

About a year before the October 1929 crash, net capital inflows fell in several European countries. In other words: European economies began to deteriorate before the Great Depression began in the U.S. Is history repeating itself?...

Filed Under: 1929 Stock Market Crash, Bank of Japan, bloomberg, credit crisis, credit default swaps, debt ceiling, debt downgrade, deflation, Elliott wave, European debt crisis, european markets, European Union (EU), eurozone, financial forecast, great depression, Greek debt, housing prices, recession, Robert Prechter, S&P 500, Shanghai Composite Index, soverign debt crisis

Category: Global Markets


The Biggest Bubble of All: This One Has Yet to Deflate (Are You Ready?)
More Threatening Than Any Single Economic Sector

By Bob Stokes
4/13/2012 5:15:00 PM

As bubbles balloon in individual sectors of the economy, the psychology of the pre-financial crisis days have returned. That's why it's important to remember that hardly anyone was concerned about the real estate market in 2006. Then the whole house of cards fell in. Now consider the entire global debt market: the biggest bubble of all time...

Filed Under: commercial real estate, credit crisis, debt crisis, deflation, history, home sales, housing prices, Robert Prechter

Category: U.S. Economy


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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.