By Nico Isaac
5/23/2012 5:15:00 PM
Over the last 7 months, gold bulls have had their faith severely tested. So far this year, gold prices have shaved 20% off their value since hitting an all-time high in early September 2011. Now for the bullion-dollar question: Is it time for the gold bulls to hand in the towel?
Filed Under: Bob Prechter, Elliott wave, Elliott Wave Theorist, Gold, gold futures, prechter, precious metals
Category: Gold and Silver
By Bob Stokes
5/17/2012 5:30:00 PM
To this day, I wonder why Robert Prechter's book Conquer the Crash has not been more widely recognized. It described in advance much of what happened in the 2008 financial crisis. Learn what Prechter is saying now...
Filed Under: banks, Bob Prechter, conquer the crash, debt crisis, debt downgrade, deflation, economic depression, Elliott Wave Theorist, Greek debt, market crash, market forecasts
Category: U.S. Economy
Strange Recovery
Is it strange in here, or is it just...strange?
By Vadim Pokhlebkin
5/1/2012 4:00:00 PM
Something doesn't feel right. Look at this:
Filed Under: Bob Prechter, consumer confidence, earnings, Elliott wave, home sales, Robert Prechter, S&P 500, social mood, unemployment
Category: U.S. Economy
By Robert Folsom
4/20/2012 4:45:00 PM
This ignorance is exposed when they forget history and extrapolate today's trend into tomorrow...
Filed Under: Barack Obama, Bob Prechter, crude oil, Elliott wave
Category: Commodities
Double Trouble for the Economy
How the low-government era morphed into the big-government era
By Bob Stokes
4/19/2012 4:00:00 PM
Two acts of Congress in 1913 turned out to be double trouble for the economy, even to this day. Robert Prechter says the "...results of big government are on the brink of getting much worse"...
Filed Under: Bob Prechter, central banks, debt, deflation, gross domestic product (GDP), history, inflation, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Robert Folsom
4/13/2012 5:00:00 PM
No financial market ever sees a "new" kind of sentiment, only different degrees of the emotions which are common to us all. The sentiment in a given market can't be measured with the same precision as the price levels can, yet we do know that when prices reach extremes, a predictable series of emotions will follow...
Filed Under: Bob Prechter, Elliott wave
Category: Stocks
The World Has Suddenly Surrendered to Mass Optimism. Should You?
History shows that at market extremes many of the most opinioned bears and bulls surrender to popular opinion. The market then moves violently AGAINST popular opinion.
By Editorial Staff
4/6/2012 12:15:00 PM
Consider this. A week after the Dow's all-time high in October 2007, Robert Prechter went on Bloomberg to describe "extremes that exceed 1929 or 1987...these are the harbingers of a change to the downside for the stock market." A week before the major low in March 2009, he went on CNBC to say "it's getting crowded on the bear side...we've been in a short position for a long time, I recommended that people get out of it." S&P futures traders were a record 98% bears (only 2% bulls) on the very day of the low Prechter went on TV to call for a major turn to the upside. In other words, people were telling you to sell at the worst possible time. What about now? Here's what WE think.
Filed Under: Bear market, Bob Prechter, bull market, Elliott wave, Elliott Wave Principle, Elliott Wave Theorist, Elliott Wave trading, herding, market crash, market forecasts, prechter, quantitative easing, Robert Prechter, S&P 500, stock indexes, stock market cycles, the fed
Category: Stocks
By Vadim Pokhlebkin
3/15/2012 4:15:00 PM
We all know that the stock market has been rising for 3 years. Many economic measures -- unemployment, consumer spending and confidence, etc. -- also show strong improvement. Yet is that a good reason to stay bullish on stocks? Some people might say the answer is obvious enough to render the question silly. But before you give a reply...
Filed Under: Bob Prechter, bull market, diversification, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Theorist, S&P 500, safe haven
Category: Stocks
By Nico Isaac
3/13/2012 6:00:00 PM
From Miami to Phoenix; New York to California -- a growing wave of debt is forcing many once-thriving municipalities onto the edge of bankruptcy. And in the case of Jefferson County, Alabama -- which filed the largest Chapter 11 case in U.S. history last November -- right over that edge. So, was there a way to identify the pre-conditions of the muncipal bond crisis before it occurred? Yes.
Filed Under: Bob Prechter, conquer the crash, municipal bonds, prechter, Robert Prechter
Category: U.S. Economy
By Robert Folsom
3/6/2012 4:30:00 PM
Most investors who read one or two of the news accounts above will not see the folly. They take it at face value. Untold numbers of them allow what they read to affect their investment decisions...
Filed Under: Bob Prechter, Elliott wave
Category: Stocks
By Bob Stokes
3/1/2012 5:00:00 PM
Have too many people been extrapolating the market's recent rally? Robert Prechter recalls the words of his former boss, which are fitting for today...
Filed Under: Bob Prechter, Elliott Wave Theorist, herding, sentiment
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, prechter, real Dow, Robert Prechter, S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
European Stocks: A Chicken or a Fox?
EWI's European Stocks Specialty Service brings you original price charts and objective Elliott wave analysis of the Euro STOXX 50's next big move
By Nico Isaac
2/8/2012 5:30:00 PM
If you didn't know any better, you might think the recent news items regarding the European stock markets were being written from inside a loony bin. Case in point, the following slew of Euro-related headlines: "European stocks DECLINED as Greek talks... continued" -- VERSUS -- "European Stocks RISE Amid Greet Debt Talks."
Filed Under: Bob Prechter, Elliott wave, Elliott Wave trading, euro stoxx 50, europe, european markets, Fibonacci, fundamental analysis, prechter, Prechter's Perspective, Relative Strength Index (RSI)
Category: European Markets
By Nico Isaac
2/3/2012 5:00:00 PM
On February 1, Facebook revealed plans to raise $5 billion in the biggest internet initial public offering ever. Soon after, the vast majority of Facebook's 845 million users clicked "like" on the soon-to-be IPO's wall post. So, the big question remains: Does this salvo of social networking and micro-blogging sites really have a new "face"? One, for that matter, that won't turn into a sad, frowning emoticon from another tech boom gone bust?
Filed Under: Bob Prechter, Elliott Wave Theorist, hedge funds, herding, mutual funds, prechter, S&P 500
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, prechter, S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Vadim Pokhlebkin
1/25/2012 5:45:00 PM
On January 25, Ben Bernanke spoke no surprises: The Fed's interest rate policy will be unchanged for another two years. Question: What does this mean for the stock market through 2014? Let me show you how quickly you can get lost if you try to answer this question using "fundamental" analysis.
Filed Under: Ben Bernanke, Bernanke, Bob Prechter, djia, Elliott wave, Interest Rates, market forecasts, prechter, S&P 500, technical analysis, technical indicators, unemployment
Category: Stocks
By Robert Folsom
1/23/2012 5:45:00 PM
The difference here is that Prechter examines mostly long-term data, which is why he's able in turn to reveal the very long-term economic story. Most conventional economists only scrutinize marginal changes in monthly data. It doesn't even occur to them to study a 100-year chart, much less glean the trends that emerge from many such charts...
Filed Under: Bob Prechter, Elliott Wave Theorist, home sales, housing prices
Category: U.S. Economy