Earnings: Is That REALLY What's Driving The DJIA Higher?
The idea of earnings driving the broad stock market is a myth.

It's earnings season again, and everywhere you turn, analysts talk about earnings' influence on the broad stock market. Well, take a look at this chart if you also think that earnings are what you should focus on in your investment strategy...

The Fed Leaves Rates Unchanged: Now What?
Or, an even better question: So what?

What an interesting day of trading we saw in stocks on Wednesday (Sept. 23.) On the same day, we had: 1. A single event -- the Fed's interest rate announcement; 2. The stock market's bullish -- and -- bearish "reaction" to it, and 3. Several news stories explaining why stocks rallied -- and -- declined after the event. One question remains: Where will stocks go from here?

Buying Stocks on "Strong Economy"? Think Twice
Traditional economic indicators are lousy predictors of the stock market trend.

A Day in the Life of the Stock Market
If there are aliens watching us humans invest in the stock market, chances are they are disappointed.

Imagine you don't know anything about the stock market. Let's say you're an alien sent to this planet to study collective human behavior. Your task: the stock market. Millions of humans participate in it. Anything we can learn by watching them invest their money into a collective pot? YES, lots, as this fictional account of human-alien interaction explains.

Is the Bear Finally Set to "Beat It"?

Stocks: Why Are Investors "Getting Worried" Only Now?
A fast look at the recent DJIA rally raises interesting questions.

Since its June 12 top, the DJIA has lost close to 6 percent. Blame the economic data, say the mainstream financial analysts. But why would investors who disregarded "bad fundamentals" for more than three months suddenly be worried about them? It's a puzzling situation, but only until you look at it from an Elliott wave perspective.

Is The Recovery In Its Early, or Late Stages?
Bob Prechter reveals whether the "Old Bull Market" is back

Oil & Stocks: When One Rises, The Other One Falls?
Don't believe everything you hear on financial TV.

Crude oil is trading above $70 again. When oil starts to make big moves, hardly a day goes by without someone saying something like “crude up -- stocks down,” or vice versa. Take a look at these charts, though, before you agree with this mainstream opinion.

How NOT to Get Stuck in a "Sucker Rally"
Knowing "wave personalities" can help you avoid investment pitfalls.

The action in stocks around the world over the past two months has raised a skeptical eyebrow for some investors, yet for others it has reignited the hopes of a new bull market. How do you know which group is right? Knowing "wave personalities" can help you answer this question.

How Can Stocks Rally When the News Is So Bad?
Stocks LEAD changes in economy, politics and even culture.

"Why is the market running up like it is with such bad news, massive debt, increased unemployment, increased defaults on mortgages and credit cards, bad debt at the banks, major corporation going into bankruptcy... Where is the top?" -- That's a quote from an email we've recently received at EWI's Message Board. It's a good question -- and the answer may surprise you. 

Stocks & Dollar: When One Falls, the Other Rallies?
Is there really "a negative correlation" between the DJIA and the U.S. dollar?

It's safe to say that there's a persistent belief among most investors that trends in one market will affect trends in another. We often get sked, "When U.S. stock rally, the U.S. dollar falls, and vice versa -- right?" Take a look at this chart and see the answer for yourself.

Stocks: “Even the Greatest Moves Are Not One-Way Affairs”
The DJIA’s recent strength is likely more than just a passing blip.

They say that markets “fluctuate.” But despite what most investors believe, those fluctuations are not random – they are patterned. That’s the main idea behind Elliott wave analysis. You may ask, what proof do we have that the markets really move like this? Well, take a look at this hard-to-miss example...

Dow Plunges Below 7,000: Oh, The Places You'll Go!
And, the chart that got there first

Who knew the bear market would get so mean; WHO had this market's fate foreseen? Answer: he mainstream experts did NOT accurately anctipate the depth and degree of the bear market's decline. Instead, they saw every bounce off of a passing floor as the official "Bottom" of the Dow's downward slide.

Objective Analysis: The Ultimate "STOCK" ing Stuffer

On December 23, the mainstream media offered these two stories back to back: "US Stocks Rise Ahead Of Housing Data" -- AND -- "Wall Street Falls On Housing Woes."     Any questions?

Stocks: Elliott Waves In Action
If you saw this chart in mid-October, what would you do with your investments?

About two months ago, on Friday, October 10, a friend of mine called me up and said he wanted my opinion on the stock market. “I’m talking to a buddy in New York, and he says it’s one of those moments when fortunes are made. He says the time to buy is now, when stocks are cheap. What do you think?” What I told him was this: wait. Here's why...

Why On Earth Did The U.S. Dollar Get So Strong?

Oil And Stocks: The "Correlation" Breaks Down
When oil goes down, do stocks really go up?

"Most pundits were talking mainly about oil this morning [Sept. 2], which was extremely volatile. They tried to explain the strongly higher stock market open by the fact that oil prices were down big. By the end of today’s session very few market observers talked about oil and stocks together. The reason: both ended today’s market session DOWN..."

Forex: "When U.S. Stocks Decline, the Dollar Rallies?"
Is it worth trying to gauge the long-term trend in the U.S. dollar based on the trend in U.S. stocks?

There is a persistent belief among many forex traders that trends in various global markets have a profound influence on the trends in currencies. But can you really forecast the trend in one market based on another with consistent results?

The Dow's Drop: Hit Bottom?
Our Analysis AT NO COST

This describes sentiment extremes in the world’s leading financial markets: When the crowd of market advisors, investors, traders, analysts, brokers, media outlets and all around “experts” share a bullish viewpoint, prices are set to come hurtling down...

U.S. Stocks: Embracing "Change"

On the morning of June 4, one phrase epitomized the frenzied climate on Wall Street: “Change is in the Air” -- As in, the 180-degree turnaround in the leading U.S. stock index from UP to D-O-W n. Since soaring to a four-month high on May 19, the Dow Jones Industrial Average has been as happy as a clam… nearing a pot of boiling hot water...