By Bob Stokes
5/23/2012 5:00:00 PM
The bigger story goes beyond a rough start for Facebook: the market has lately been unfriendly to several social media stocks. Take a look at this chart and commentary from the...
Filed Under: cultural trends, Elliott wave, investor psychology, Magazine Cover Indicator, Nasdaq Composite, Traders, trading lessons
Category: Stocks
By Nico Isaac
2/14/2012 5:00:00 PM
You can judge market sentiment in more ways than one. For example, cover pages of popular periodicals can give you a glimpse of the prevailing mood in the market. When a financial trend is so strong, or in force for so long -- or both -- that it makes the cover, the trend is usually fully acted upon, and therefore close to a reversal. Here at Elliott wave International, we've often used this phenomenon to help us gauge how extreme market sentiment has become -- and therefore, how close is the market in question to a reversal.
Filed Under: bull market, Chinese markets, credit crisis, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Principle, housing prices, Lehman Brothers, Magazine Cover Indicator, Shanghai Composite Index, social mood
Category: Stocks
From Hero to Zero: Public Figures on Magazine Covers
The Asian-Pacific Financial Forecast shows why being on a magazine cover is not as glamorous as you might think
By Nathaniel Williams
10/27/2011 9:00:00 AM
Paul Montgomery"s magazine cover indicator shows that media often laud leaders near the peak of their popularity, after which they often have nowhere to go but down.
Filed Under: Magazine Cover Indicator
Category: Asian Markets