Elliott Wave InternationalmyEWISocioniomics.Net

U.S. Stocks: Where We've Been, Where We Are and Where We're Going
Get limited-time, free access to EWI's insights into financial markets

By Editorial Staff
Wed, 14 Nov 2012 15:15:00 ET
Add to Facebook Add to Twitter Email to a friend Printer Friendly

After years of campaigning and billions of dollars spent, the U.S. Congress is virtually no different than before Election Day: a Republican-controlled House, a Democratic majority in the Senate and the same occupant in the White House.

The same can be said for the S&P 500 -- and then some.

Investors who've been in an S&P index fund over the past 13 years would have been better off in a money market account! From July 1999 through August 2012, the S&P 500 was back to where it started.

We think this is the longest topping process in the history of the United States.

                                                -- Steve Hochberg, EWI Chief Market Analyst

Yet, the long ride to nowhere is likely headed somewhere very soon -- but not where most investors think. Moreover, the market's trend may unfold much faster than many observers suspect.

You see, according to recent sentiment indicators, the long ride to nowhere has lulled many investors into a sense of complacency.

But please know that we see abundant evidence that should create a sense of urgency in the mind of investors.

That's why the editors of EWI's Financial Forecast Service are hosting a limited-time, free event for U.S. investors.

They want you to see what they see in U.S. financial markets.

You will learn why the stock market top has occurred over a period of time, and why the resolution may be swift.

EWI's editors guide you through chart after chart, including a real eye-opener that shows the triple top in the Great Asset Mania. As you see the scope of this chart, Hochberg provides his insightful commentary.

Hochberg also describes what he means by "inter-market non-confirmation" and observes, "We've had broad swaths of the market peel away from the rally that started in March 2009."


Now learn what Hochberg sees unfolding next by accessing EWI's free Financial Forecast Service limited-time special event.

This free rare event is available to you by joining Club EWI (membership is also free).

Joining Club EWI only takes a few moments. Please follow this link to learn how >>

Tags:

Real Time Trading
  



Free Video Course


Learn the Why, What and How of Elliott Wave Analysis

Financial media use news and economic events to explain market moves. Steer clear of this misguided approach. Take part in the Elliott Wave Crash Course to learn what really moves the markets.

Default


© 2014 Elliott Wave International

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.