Elliott Wave International | World's Largest Market Forecasting Firm Since 1979
Please Login
 
 | What's My Password?
EWI

TAG: DJIA Return to Free Updates Home Page

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

by Vadim Pokhlebkin
10/14/2009 11:15:00 AM

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...

Filed Under: earnings, DJIA, prechter, elliott wave, social mood
Category: Stocks


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

by Vadim Pokhlebkin
9/23/2009 6:15:00 PM

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?

Filed Under: Federal Reserve, Fed, interest rates, DJIA, s&p, dollar, Gold
Category: Stocks


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

by Vadim Pokhlebkin
9/1/2009 2:15:00 PM
Regular readers of elliottwave.com know that at EWI, we constantly say this: One of the biggest mistakes that analysts and investors make is to use the news to predict stock market trends. News predicts nothing beyond the span of maybe a few minutes. Here's a fresh example...
Filed Under: ISM Manufacturing Index, Pending Home Sales index, DJIA
Category: Stocks


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.

by Vadim Pokhlebkin
8/27/2009 10:00:00 AM

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.

Filed Under: durable goods, new home sales, DJIA, Dow, economic news
Category: Stocks


Is the Bear Finally Set to "Beat It"?

by Nico Isaac
6/26/2009 4:30:00 PM
As the U.S. stock market continues its white-knuckle hold on a 20%-plus rally from early March, the mainstream experts are singing along to one song in particular: "We've Got Blue Skies" ahead in the world's leading economy. "2009 could be the year that we put the worst behind us," observes a recent Associated Press.
Filed Under: Stocks, Bear market, dow jones industrial average, DJIA, Dow
Category: Stocks


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

by Vadim Pokhlebkin
6/23/2009 1:45:00 PM

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.

Filed Under: Robert Prechter, global economy, DJIA, Dow, social mood, socionomics
Category: Stocks


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

by Nico Isaac
6/12/2009 5:30:00 PM
After two years of suffering through what has aptly been called "financial hell," many in the mainstream say the torture is finally over. According to them, the fire & brimstone is about to become fortune & boom. Well, in a special "Double" (text + video) issue of the brand-new June 2009 Elliott Wave Theorist, Bob Prechter recognizes a "swift return of all the old beliefs" in a new bull market. His next step is to reveal whether those beliefs are based in fact or fantasy.
Filed Under: U.S. economy, bull market, new bull market, the Fed, DJIA, Gold, Precious metals, bob prechter
Category: Economy


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

by Vadim Pokhlebkin
6/11/2009 1:15:00 PM

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.

Filed Under: Crude oil, DJIA, dax
Category: Energy


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

by Vadim Pokhlebkin
5/12/2009 4:30:00 PM

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.

Filed Under: DJIA, ftse, dax, Nikkei, sucker rally, wave personality
Category: Stocks


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

by Vadim Pokhlebkin
5/5/2009 10:15:00 AM

"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. 

 
Filed Under: chrysler, Dow, DJIA, ftse, Nikkei, eurofirst, dax, swine flu
Category: Stocks


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

by Vadim Pokhlebkin
4/2/2009 5:30:00 PM

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.

Filed Under: u.s. dollar, DJIA, forex, Currencies
Category: Currencies


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

by Vadim Pokhlebkin
3/26/2009 1:15:00 PM

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...

Filed Under: DJIA, bear market trap, Stocks
Category: Stocks


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

by Nico Isaac
3/2/2009 5:00:00 PM

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.

Filed Under: dow jones industrial average, DJIA, Dow, Stocks, 7000
Category: Stocks


Objective Analysis: The Ultimate "STOCK" ing Stuffer

by Nico Isaac
12/26/2008 11:30:00 AM

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?

Filed Under: DJIA, Dow, Nasdaq, S&P 500, us stocks, housing data
Category: Stocks


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

by Vadim Pokhlebkin
12/1/2008 6:30:00 PM

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...

Filed Under: DJIA, s&p, bargain hunting, stocks are cheap
Category: Stocks


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

by Nico Isaac
10/28/2008 5:00:00 PM
Over the past few months, Wall Street's favorite watering holes have served up a deadly "stocktail" -- the Un-Surely Temple. Includes: a splash of fear, a dash of uncertainty, and a steady flow of extreme volatility. For those who partake, the hangover only gets worse. 
Filed Under: us dollar, greenback, dollar, us stock market, DJIA, Currencies
Category: Currencies


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

by Vadim Pokhlebkin
9/3/2008 5:00:00 PM

"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..."

Filed Under: DJIA, Crude oil, Stocks
Category: Stocks


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?

by Vadim Pokhlebkin
6/18/2008 5:30:00 PM

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?

Filed Under: usd, forex, us dollar index, DJIA
Category: Currencies


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

by Nico Isaac
6/18/2008 4:00:00 PM

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...

Filed Under: dow jones industrial average, DJIA, Stocks, sentiment, Free Week
Category: Stocks


U.S. Stocks: Embracing "Change"

by Nico Isaac
6/4/2008 4:45:00 PM

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...

Filed Under: obama, change, dow jones industrial average, U.S. stocks, DJIA, credit crisis
Category: Stocks


Watch Bob Prechter's interview on CNBC Wednesday, Nov. 4. Bob discusses the current juncture, Conquer the Crash II and more.
Robert Prechter on CNBC
Categories
Most Recent Articles
- 11/6/2009 7:15:00 PM
If The US Economy Is Out Of The Woods, Then I'm The Queen Of England
- 11/6/2009 3:30:00 PM
10.2% Unemployment Today on the Way to 33% Tomorrow
- 11/5/2009 3:45:00 PM
Real Estate’s Latest Chapter
- 11/5/2009 1:30:00 PM
How Does This Elliott Wave Stuff Work Anyway? Ask An Expert
- 11/4/2009 7:15:00 PM
EUR/USD (Forex): How to Forecast Market Moves Before They Occur

Announcing EWI's New eBook ...

EWI's New Trading eBook: How to Trade the Highest Probability Opportunities: Price Bars and Chart PatternsIn this exciting new 45-page eBook, Jeffrey Kennedy shows you – using fresh, real-life market examples – how you can use simple, yet powerful, chart reading techniques to improve your trading.

Download your copy today!


To access EWI's valuable Q&A message board, all you need is a free Club EWI profile. Create Yours Now >>
> Do you know of any mutual funds that use Elliott wave analysis? 
> Inflationists: Is there a flaw in their reasoning? What is it? 
> If stocks lead economy, why won't rising stocks SAVE economy? 
> Obama: Can the President's approval ratings LEAD the stock market? 
> Social mood: If news and events don't change it, what does? 
> Silicon Valley and internet startups: How might they fare in this depression? 
> Prechter's new Theorist: What event can start the next crash in the Dow? 
> Come on, admit it: The Fed runs the show... doesn't it? 
> Can Elliott wave patterns be completed in overnight trading? 
> Tax rates: Higher or lower in the coming depression? 

Club EWI Members: Click Here

 
 
Press Room
IN THE MEDIA
Browse Recent Media Articles that Mention EWI or Feature EWI Analysts

As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.
 
|
|
|
|
|
|
|
|
|
|
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.