Elliott Wave InternationalmyEWISocioniomics.Net

Holiday Help with EWI's Paradigm Shift Collection
This week, give yourself the gift of independent thinking with our specially-priced educational book set.

By Jill Noble
12/23/2011 5:00:00 PM

This year, learn more about how to use objective, independent wave analysis that will keep you ahead of the herd in 2012. The Paradigm Shift Collection -- our new three-book package -- explains how the Wave Principle and socionomics work, with countless concrete examples that will challenge your worldview.

Filed Under: Campaign for Independent Thinking, Elliott Wave Education, Elliott Wave Principle, Elliott Wave trading, Robert Prechter, socionomics, Traders

Category: Stocks


Can the Fed and Economists Forecast the Future? See This Startling Chart.
Elliott Wave Financial Forecast Editors Kendall and Hochberg on economists, the Fed and forecasting

By Nathaniel Williams
6/24/2011 1:15:00 PM

EWI's Pete Kendall recently spoke with radio host Gabriel Wisdom, and the two discussed a crucial but rarely-asked question about economists and the Federal Reserve. Pete's startling comments flatly contradict conventional wisdom. But what do the facts say?

Filed Under: Campaign for Independent Thinking, central banks, market forecasts, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Alan Greenspan: Did He Really "Save the World"?
Discover one revealing example why the Fed doesn't have as much power as most people think.

By Nathaniel Williams
6/14/2011 3:45:00 PM

The mainstream financial media almost always make the Fed out to be a group of all-powerful market magicians. This characterization isn't new. But is it accurate? For just one example, let's take a trip back to 1999...

Filed Under: Ben Bernanke, Campaign for Independent Thinking, central banks, Greenspan, market manipulation, real Dow, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Big Economic Contraction on the Way?
"When Housing Starts Stop, the Economy Does the Same"

By Bob Stokes
5/26/2011 5:00:00 PM

Does the trend in today's real estate market portend what's ahead in the general economy? We can say this: many of the same deteriorating economic indicators that we saw in mid-2007 are...

Filed Under: Campaign for Independent Thinking, deflation, economic depression, housing prices, Robert Prechter, subprime lending

Category: U.S. Economy


Stocks Rally On the News of Bin Laden's Death, You Say? It's Not That Simple
Interest rates, oil prices, trade balances, corporate earnings and GDP: None of them seem to be important, or even relevant, to explaining stock price changes

By Vadim Pokhlebkin
5/2/2011 5:30:00 PM

MarketWatch.com ran an interesting story on May 2 that quoted from a research paper which found "little evidence that non-economics events have a big effect on the stock market." Here at EWI, we go one step further and say the following: Economic events have little impact on the stock market, too. Don't believe us? See this chart.

Filed Under: Campaign for Independent Thinking, deficit, earnings, Efficient Market Hypothesis (EMH), Elliott wave, Elliott Wave Principle, gross domestic product (GDP), Robert Prechter, Robert Prechter, S&P 500

Category: Stocks


The Siren Song of the Stock Market: Will You Be Seduced?
Only a Relative Few Can Resist the Sweetness of the Sound

By Bob Stokes
4/19/2011 12:15:00 PM

The power of collective psychology reaches far and wide, and is no respecter of persons. The market technician is as susceptible to the siren song as the fundamentalist. The "smart money" is taken in as quickly as the "dumb money." Traders and investors alike are seduced by the sweetness of the sound...
 

Filed Under: Campaign for Independent Thinking, Elliott Wave Theorist, mutual funds, Robert Prechter, sentiment

Category: Stocks


Understanding the Fed
EWI's free eBook explains the common and misleading myths about the U.S. Federal Reserve Bank

By Vadim Pokhlebkin
4/12/2011 6:00:00 PM

What exactly is the function of the Fed? If it's to help the U.S. economy grow steadily, then how come in 2007-2009 we had the biggest stock market crash in decades followed by "the Great Recession" and a worldwide financial crisis? For answers, let's turn to someone who has spent a considerable amount of time studying the Fed and its functions: EWI's president Robert Prechter. This is an excerpt from a free Club EWI eBook...

 

Filed Under: 1929 Stock Market Crash, bailouts, Ben Bernanke, Robert Prechter, Campaign for Independent Thinking, Elliott wave, Greenspan, hyperinflation, inflation, market crash, market manipulation, monetary policy, monetization, Robert Prechter, quantitative easing, Robert Prechter, social mood, Troubled Asset Relief Program (TARP), U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Earnings Season: Strong Earnings Mean a Strong Stock Market -- Right?
Earnings season is upon us, so it's a good time to delve into how earnings affect stocks -- or if they do at all

By Debbie Hodgkins
4/1/2011 11:15:00 AM

Suppose you were to be guaranteed that corporate earnings would rise strongly for the next six quarters straight. Reports of such improvement would constitute one powerful "information flow." So, should you buy stocks?

Filed Under: Campaign for Independent Thinking, earnings, Elliott Wave Theorist, fundamental analysis, Robert Prechter

Category: Stocks


(Video) Robert Prechter: Stocks and Social Mood Are Patterned, Not Random
Free video explains why the Efficient Market Hypothesis is deeply flawed

By Nathaniel Williams
3/18/2011 1:45:00 PM

In this FREE video, Robert Prechter explains how changes in social mood regulate stock price movement, and he teaches you the basics of the Elliott Wave Principle.

Filed Under: Campaign for Independent Thinking, Robert Prechter, Robert Prechter, social mood, socionomics, video

Category: Socionomics


When You FEEL the Elliott Waves, Your Eyes Become Wide Open
How the waves of social mood led to an investment method worth looking into

By Debbie Hodgkins
3/17/2011 2:45:00 PM

Have you ever had one of those "I get it now" moments when the light bulb goes on and you suddenly feel in your bones or understand in your head what you hadn't a moment earlier? That's what happened to me when I first "got" the Wave Principle.

Filed Under: Campaign for Independent Thinking, Elliott Wave Principle, investor psychology, Robert Prechter, Ralph Nelson Elliott, Robert Prechter, sentiment, technical analysis

Category: Classic Prechter


Breaking News Bulletin: News Is NOT the Main Driver of Stock Market Trends
A FREE myth-busting report from Club EWI reveals the real force behind long-term trend in financial markets

By Nico Isaac
3/1/2011 4:15:00 PM

Conventional economic wisdom is founded on one core concept: namely, that events that exist outside the market (part of "market fundamentals") trigger trend changes in the financial markets. Because of this belief, you have the mainstream experts of finance watching everything from weather patterns to crop conditions, political exploits to the subtlest changes in punctuation in the Fed's minutes -- all in the hopes of anticipating the next big move in commodities, stocks, gold, the dollar, etc. In a nutshell, "positive" news and events cause a rise in prices, while "negative" news pushes prices down.

Filed Under: Campaign for Independent Thinking, Elliott Wave Theorist, fundamental analysis, market forecasts, Robert Prechter, Wall Street

Category: Stocks


Robert Prechter: Does the Law of Supply and Demand Really Apply to Stocks?
Let EWI's founder and president give you the answer in this complimentary video

By Nathaniel Williams
2/17/2011 3:30:00 PM

This assumption is universally agreed upon: When the price of something goes down, more people want it. But does this foundational concept of economics apply to financial markets, where that "something" is an investment asset? Robert Prechter gives you the answer in this complimentary video...

Filed Under: Campaign for Independent Thinking, Robert Prechter, Robert Prechter, socionomics, supply and demand

Category: Socionomics


What Does It Mean, "The News Doesn't Make the Market"?
It's not the news that creates trends in stocks and other financial markets

By Vadim Pokhlebkin
2/15/2011 9:30:00 PM

At EWI's Message Board, we receive great questions from subscribers and free Club EWI members daily. Here's one that deserves an expanded answer: "Can you please explain what you mean by the phrase, 'The news doesn't make the market, rather the market makes the news'?" This is a radically different concept than the conventional assumptions about how the financial world works. EWI's president Robert Prechter pioneered the very idea that the news is irrelevant to markets, and has written extensively about it; he calls it "socionomics." Here's an essay by Prechter on the topic.

Filed Under: bull market, buy and hold, Campaign for Independent Thinking, Dow Jones Industrial Average (DJIA), earnings, Elliott Wave Principle, Nasdaq Composite, Robert Prechter, S&P 500, social mood, socionomics, trading lessons

Category: Stocks


Why Was Ronald Reagan, Born 100 Years Ago, So Popular?

By Susan C. Walker
2/11/2011 10:30:00 AM

Optimistic and positive. Two words that usually crop up in any discussion of former U.S. President Ronald Reagan. But is that really why he was so popular?

Filed Under: Campaign for Independent Thinking, Elliott Wave Principle, Prechter's Perspective

Category: Classic Prechter


No Surprise: Two Snowmageddons Did NOT Bring An End To Spending
Do retail sales really depend on the weather?

By Nico Isaac
2/3/2011 4:45:00 PM

It's been another hard winter here in the U.S., and since the beginning of last year's Christmas season, we've heard a lot of warnings that cold weather would "cool" the North American public's urge to spend. When the nation's leading retail stores reported dour sales on their biggest shopping day of the year -- "Black Friday" December 26, 2010 -- the mainstream financial experts pinned the carrot on Frosty's face. Here, the following news items from the time recall the tale.

Filed Under: Campaign for Independent Thinking, consumer spending, social mood, socionomics, Wall Street

Category: U.S. Economy


On the Docket: The Case Against Diversification
Just because investment banks and stock brokerages say you should diversify doesn't make it true

By Editorial Staff
2/3/2011 8:45:00 AM

For the knowledgeable investor, diversification for its own sake merely reduces profits. So, if you're an independent thinker, what are your alternatives?

Filed Under: Campaign for Independent Thinking, diversification

Category: Classic Prechter


Rising Commodity Prices Trigger Food Crisis Fears -- Again
EWI foresaw the reversal of commodities in 2008. How will it end now?

By Nico Isaac
1/27/2011 1:15:00 PM

Over the last year, prices for many of the world's leading agricultural commodities have soared to multi-year, even multi-decade highs. And, as the steady uptrend has been going on, fears of runaway food costs have gone from private, inner farm circles TO the very public mainstream financial circus.

Filed Under: Campaign for Independent Thinking, crude oil, food crisis, grain futures, Robert Prechter

Category: Commodities


How You Can Discover the 5 "Requirements" of Trading Success
Are You in Control of the Psychological Side of Trading?

By Bob Stokes
1/26/2011 5:00:00 PM

When he started trading, Robert Prechter also had a typical set of rules. Ultimately, however, he found them useless. For one thing, he found some rules conflicted. For example, "You can't go broke taking a profit" doesn't jive with "Let profits run."  Instead of "rules", Prechter came up with 5 "requirements" for trading success...

Filed Under: Campaign for Independent Thinking, investor psychology, Prechter's Perspective, successful traders, Traders, trading lessons

Category: Stocks


What Most People Don't Realize About The Fed's Superpowers
Bob Prechter's Conquer The Crash reveals whether the Fed really can rescue the US economy

By Nico Isaac
1/25/2011 3:30:00 PM

Since its creation in 1913, the primary intended role of the U.S. Federal Reserve Bank has been that of protector. In theory, the central bank was bestowed with the power to shape monetary policy in a way that would keep both booms and busts in check. The two main tools at its disposal -- interest rates and money creation -- would provide a "ceiling of normalcy" above expansions AND a "net of safety" below contractions.

Filed Under: Ben Bernanke, Campaign for Independent Thinking, central banks, conquer the crash, credit crisis, monetary policy, Robert Prechter, social mood, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Forex: Don't Rush to Bury The U.S. Dollar
When the media gets absolutely convinced the U.S. dollar is "history," it rebounds -- and surprises everybody

By Vadim Pokhlebkin
1/24/2011 3:00:00 PM

Financial markets -- i.e., investors -- have a short memory. For example: At Elliott Wave International, we have pointed out time and again that when market sentiment reaches a bullish or bearish extreme, chances are that a trend change is near. Yet time and again, almost everyone forgets this. Here's a fresh example. In June 2010, the U.S. dollar began a losing streak against its forex competitors...

Filed Under: Campaign for Independent Thinking, deficit, euro, euro/USD exchange rate, European Union (EU), forex trading, online trading, quantitative easing, U.S. dollar, U.S. Federal Reserve (the Fed), unemployment

Category: Currencies


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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.