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
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
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
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
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
By Debbie Iseler
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
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
By Debbie Iseler
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
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
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
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
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
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
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
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
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