By Nathaniel Williams
5/21/2012 4:15:00 PM
While mainstream analysts tried to calculate every way the Greek debt deal could boost stocks, the March 2012 European Financial Forecast instead pointed out that near- and long-term gauges of investor sentiment were reaching a critical juncture: "The setup for a stock reversal is ideal," wrote Whitmer. How did that forecast work out?
Filed Under: european markets, eurozone
Category: European Markets
EUR/USD Dips Below $1.30
Was Mario Draghi's speech a bullish or bearish event for the euro? How about BOTH?
By Vadim Pokhlebkin
5/7/2012 5:30:00 PM
We've shown you before examples of how easy it is to interpret the same event as both bullish and bearish news for a market. Here's a fresh example. On May 3, the European Central Bank met to talk about interest rates. At that meeting, the ECB's chief Mario Draghi...
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, European debt crisis, european markets, eurozone, forex, forex trading, online trading, Swiss franc, technical analysis, U.S. dollar, usd/jpy
Category: Currencies
By Nico Isaac
5/4/2012 6:00:00 PM
It’s been two years since the sovereign debt crisis crashed onto the European shores. And, despite 1-plus trillion euros in emergency bailout loans, the region’s economy has -- as my British friends would say -- “gone pear-shaped.” So, is this what rock bottom feels like?
Filed Under: AEX, Bank of England, CAC40, DAX, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis
Category: European Markets
By Bob Stokes
5/4/2012 4:15:00 PM
Very rare exceptions aside, money markets have been safe. Learn why they now may be a lot less safe...
Filed Under: money markets, banks, central banks, credit crisis, debt crisis, deflation, economic depression, euro stoxx 50, europe, european central bank, European debt crisis, european markets, Federal Deposit Insurance Corporation (FDIC), mutual funds, stimulus package, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
By Vadim Pokhlebkin
5/1/2012 9:15:00 AM
To continue the "global investments" theme started by the recent interview with EWI's Asian-Pacific analyst about the markets in India, Pakistan, Sri Lanka and Indonesia, I also sat down with our own Brian Whitmer, EWI's European stock market analyst. -- Brian, these days it's easier than ever to get exposure to global markets, especially given the explosion in ETFs. But there are too many markets to focus on, and too many opinions about them. You chose Elliott wave analysis as your market-forecasting method. Why Elliott? Why not just watch the news, like most investors? Brian Whitmer: To be successful in the market, you need...
Filed Under: AEX, bailouts, Bank of England, brian whitmer, CAC40, DAX, debt crisis, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis
Category: Global Markets
By Bob Stokes
4/27/2012 4:00:00 PM
Shortly after the fourteenth European debt crisis summit concluded and there was an "extraordinary shift from negativity to optimism," the November 2011 Global Market Perspective flatly said "The current level of unpayable debt is too big to bail." Yet financial journalists and many of the economists they interview have been busy talking about rising markets and recovering economies. Some were even saying that Europe's debt crisis was "under control." It seems not...
Filed Under: debt downgrade, European debt crisis, european markets, European Union (EU), eurozone, Greek debt, International Monetary Fund (IMF), Short Term Update, soverign debt crisis
Category: European Markets
By Bob Stokes
4/25/2012 5:45:00 PM
In the United States and the United Kingdom alike, we believe it's a matter of time before the word "depression" replaces the phrase "double-dip recession." Why?...
Filed Under: Bank of England, deflation, double dip, economic depression, Elliott wave, european markets, FTSE, gross domestic product (GDP), recession
Category: U.S. Economy
By Nathaniel Williams
4/23/2012 2:15:00 PM
Here's an example of how EWI helps you see what's going to happen financially in Europe before it happens: Just five days after our analyst published his analysis last year, showing that Portugal was on the threshold of needing a bailout, Portugal's government officially requested a bailout. One month later, it got one.
Filed Under: bailouts, europe, European debt crisis, european markets, European Union (EU), eurozone
Category: European Markets
London Prices Falling Down, Falling Down: What Inflation?
EWI's European Financial Forecast has a mountain of evidence proving that the looming threat in Europe is not inflation.
By Nico Isaac
4/17/2012 3:15:00 PM
Despite what you may have heard about ever-higher prices on High Street -- London's equivalent of the shopping nexus Rodeo Drive -- the real numbers do NOT lie: Since topping in late 2011, both Britain's Retail Price Index and Consumer Price Index have fallen to multi-year lows. Today, we present a "mountain of evidence" against the growing legion of Europe's die-hard inflationists.
Filed Under: Bank of England, central banks, europe, european markets, inflation, Interest Rates, monetary policy
Category: European Markets
By Nico Isaac
3/30/2012 6:30:00 PM
Let's hear it for European equities. The major stock markets across the pond saw their best first-quarter winning streak since 2006. And while many experts are waiting to see how the markets deal with Europe's austerity measures -- the April 2012 European Financial Forecast lets the cat out the bag: "European Stocks Have Already Signaled" their next move. Take note, because this is what it feels like to watch history in the making.
Filed Under: AEX, banks, CAC40, DAX, debt, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Greek debt, inflation, Swiss Market Index (SMI)
Category: European Markets
By Nathaniel Williams
3/27/2012 10:45:00 AM
If all your friends and the critics say a summer blockbuster movie is worth seeing, you might just go. But if everyone says European stocks are the place to invest, do you invest? That was the situation last spring when EWI's European analyst took a contrarian stance based on this key tip-off.
Filed Under: europe, european markets
Category: European Markets
By Nathaniel Williams
3/9/2012 12:30:00 PM
News drives the stock market, according to the mainstream financial media. So it's no surprise that before the latest Greek debt deal was finalized, Fox News published an article whose headline proclaimed, "If a Greek Deal Gets Done, Markets Will Celebrate."
But here's the problem with that headline: Greek markets celebrated before the debt deal.
Filed Under: european markets, Greek debt
Category: European Markets
By Vadim Pokhlebkin
3/4/2012 11:45:00 AM
When you look at a long-term chart of Europe's four main stock indexes --- the DAX, FTSE-100, CAC-40 and EuroStoxx 50 -- you notice one striking detail: Since at least 2000, every prolonged stock market rally turned out to be a set-up for another devastating crash. This fact is obvious when you glance at the opening chart of EWI's new, March 2012 European Financial Forecast. Of course, European stocks have rallied strongly off their 2009 lows, too. What should you make of this?
Filed Under: AEX, Bank of England, debt crisis, debt downgrade, economic depression, Elliott wave, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, Greek debt, investment decisions, Swiss Market Index (SMI), technical analysis, technical indicators
Category: European Markets
The Most Comprehensive Elliott Wave Tutorial, Yours Free
Club EWI's free introductory tutorial on Elliott wave analysis is your key to unlocking the mystery of market behavior
By Nico Isaac
2/21/2012 3:15:00 PM
Check out the following news items from February 21: First, Greek bailout news is "bullish": "US Stock Futures Rise On Back of Greece Bailout Deal." And then hours later, the same bailout news is "bearish": "Europe Stocks Decline After Greek Bailout Deal." The Elliott Wave Principle resets the stage from an entirely different starting point. Wave analysis asserts that while news can have a temporary near-term effect on market prices, the larger trend is governed by one consistent force: social mood, or collective investor psychology.
Filed Under: bailouts, Elliott wave, Elliott Wave Principle, emerging markets, europe, european markets, fundamental analysis, U.S. STOCK MARKET
Category: Education
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 Vadim Pokhlebkin
2/3/2012 6:45:00 PM
Mainstream analysts can busily debate Europe's "fundamentals," but here at Elliott Wave international our European Financial Forecast editor Brian Whitmer reports this...
Filed Under: AEX, bailouts, Elliott wave, euro, europe, european central bank, European debt crisis, european markets, eurozone, prechter, technical analysis, technical indicators
Category: European Markets
Greek Stocks Surge 21%: How to Be Prepared for the Next "Surprise" out of Greece
Elliott Wave International's European Short Term Update explains why the latest rally in Greece's FT-ASE was a predictable event -- without the news or "fundamentals."
By Nathaniel Williams
2/2/2012 12:00:00 PM
Here at EWI, our analysts don't forecast based on the whims of the financial news or "fundamentals", because we know from observing market behavior for over 30 years that news and events are not the markets' driving force. Instead, we study price chart patterns -- a method we've found much more reliable at predicting trend changes. Let me show you an example using the latest stock rally in Greece.
Filed Under: bailouts, Elliott wave, Elliott Wave trading, europe, European debt crisis, european markets, European Union (EU), eurozone, Greek debt
Category: European Markets
Who Downgraded France before S&P Did?
Discover how rating agencies simply endorse the judgments that stock markets make
By Nathaniel Williams
1/24/2012 2:00:00 PM
After Standard & Poor's downgraded France on Jan. 13, 2012, some analysts were shocked -- while others fiercely criticized the move. But is it S&P they should be mad at?
Filed Under: debt downgrade, europe, European debt crisis, european markets
Category: European Markets
By Vadim Pokhlebkin
1/8/2012 11:00:00 PM
Since August 2011, the FTSE 100 has rallied in a series of three-wave structures. The FTSE Small Cap Index recorded lower lows in both October and November. The DAX’s retracement high this past fall was a Fibonacci 61.8% of its previous decline. Rallies were weaker in the CAC 40 and Eurostoxx 50, as both indexes have retraced about 50% of their respective sell-offs. Get the detailed analysis of these observations -- and our forecasts -- in the opening section of the January 2012 European Financial Forecast.
Filed Under: Bank of England, Bear market, Elliott wave, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, technical analysis, technical indicators
Category: European Markets
By Vadim Pokhlebkin
1/4/2012 7:00:00 PM
Looking back at 2011, almost everyone agrees that the euro weakness/dollar strength we saw was only logical. Seriously, where else was the euro to go but down last year, with all the problems in Europe? It's a wonder EURUSD didn't fall any lower! "Fundamentally"-based explanations like this always make perfect sense when you look back. It's when you try to apply them going forward, that's when it gets tricky. I'll give you an example.
Filed Under: Elliott wave, eu, euro, euro/USD exchange rate, europe, European debt crisis, european markets, eurozone, forex, forex trading, technical analysis, technical indicators, trade targets, Traders, trading lessons, U.S. dollar
Category: Currencies