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May 23, 09:59 AM
Robert Prechter's new, 21-page Elliott Wave Theorist (published monthly since 1979) shows you 23 charts that explain why "The monetary-financial world seems to be setting up for an epic battle." Start your risk-free trial subscription now -- and get your 2nd month FREe >> 
TAG: MAGAZINE COVER INDICATOR Return to Free Updates Home Page

Facing the Market's Music: The Mother of All Contrarian Indicators?
Was the extraordinary Facebook hype a sign of unfriendly market days ahead?

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


"Dow 15,000": You CAN Judge A Trend By Its Cover
The "magazine cover indicator" is not to be overlooked

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