How Bar Price Chart Patterns Help You Catch Long-Term Trends
Elliott Wave Junctures video lesson shows how the "double close key reversal" chart pattern signals major trend changes in any liquid market
By Nico Isaac
5/24/2012 4:15:00 PM
After 20-plus years of disciplined practice, EWI's senior analyst Jeffrey Kennedy has developed a very athletic analytical prowess. The key to his success is in choosing the right forecasting techniques for each time frame. Trend indicators used for a successful short-term trade are not the same ones you need to be successful long-term. And -- when it comes to the latter, Jeffrey has found one type of technical analysis that consistently takes him to the winner's circle: bar chart patterns.
Filed Under: Dow Industrials, Dow Jones Industrial Average (DJIA), Jeffrey Kennedy, technical analysis, trading lessons
Category: Trading Lessons
By Bob Stokes
5/22/2012 4:45:00 PM
Elliott wave practitioners know their discipline requires work. Yet that work can yield timely money-making insights...
Filed Under: Dow Industrials, Elliott wave, Elliott Wave Theorist, Elliott Wave trading, Fibonacci, market forecasts, Nasdaq Composite, New York Stock Exchange (NYSE), Prechter's Perspective, Robert Prechter, S&P 500, technical analysis, Traders
Category: Classic Prechter
By Bob Stokes
5/2/2012 4:30:00 PM
What a way to kick off May: the Dow Industrials close at a four-year high and three icons of the 1990s bull market basically say we've only just begun. Is investor psychology too optimistic?...
Filed Under: Dow Industrials, Elliott wave, financial forecast, herding, investor psychology, market forecasts, monetary policy
Category: Stocks
By Bob Stokes
4/23/2012 5:15:00 PM
If Apple and other fund favorites continue to lose their polish, what could that mean for the overall market? Well, let's see what market history teaches us...
Filed Under: Dow Industrials, Elliott Wave Principle, hedge funds, investment decisions, investment strategy, mutual funds, Nasdaq Composite, New York Stock Exchange (NYSE), pension funds, S&P 500
Category: Stocks
By Bob Stokes
4/9/2012 4:45:00 PM
Some market participants are saying that the correction may have a little more to go, yet they also think a pullback will be shallow and the market will soon continue its climb. In other words: the quotes above represent the language and market sentiment of the 1990s. We know how that decade turned out...
Filed Under: Dow Industrials, financial forecast, history, investor psychology, mania, Nasdaq Composite, S&P 500, sentiment, Short Term Update
Category: Stocks
By Bob Stokes
2/23/2012 5:15:00 PM
In 1941, R.N. Elliott published a long-term forecast based on a specific mathematical phenomenon. That forecast mentions the year 2012!...
Filed Under: Dow Industrials, Elliott wave, Fibonacci, golden ratio, market forecasts, Ralph Nelson Elliott, Robert Prechter
Category: Classic Prechter
By Bob Stokes
1/9/2012 6:00:00 PM
Companies favored by the conventional wisdom as good for the long run may not even live to see the "long run," let alone perform well along the way. In the just published January Financial Forecast, you'll see a chart of a well-known "blue chip" which appears to be ready for a "meltdown"...
Filed Under: buy and hold, Dow Industrials, Elliott Wave Theorist, financial forecast, Gold
Category: Stocks
By Nico Isaac
1/4/2012 12:45:00 PM
It's the first week of 2012, and the mainstream finanical experts have already turned their deck of old proverbs over to start again from the very top. Their first card is "the January Effect" -- the widespread notion that the performance of stocks in first month determines the rest of the year.
Filed Under: Dow Industrials, Dow Jones Industrial Average (DJIA), S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Nico Isaac
12/28/2011 6:45:00 PM
This holiday season, I watched the king of feel-good movies, "It's A Wonderful Life," for the umpteenth hundredth time. In the classic "what if" story, Jimmy Stuart as George Bailey is granted the opportunity to see what life would have been like if he had never existed. Well, from the fictional Bedford Falls, to actual Wall Street, I had to wonder: What if the early 2011 mainstream financial forecasts never existed? Would those who listened then have been better off -- or worse off -- today?
Filed Under: Dow Industrials, Dow Jones Industrial Average (DJIA), U.S. STOCK MARKET, Wall Street
Category: Stocks
By Bob Stokes
12/22/2011 5:15:00 PM
The investment strategy of portfolio diversification remains virtually unquestioned. Read why you should question this strategy...
Filed Under: all the same market theory, diversification, Dow Industrials, risk management, Short Term Update
Category: Stocks
By Bob Stokes
12/19/2011 5:00:00 PM
Decades of observation and analysis reveal that stock (and other financial) market prices unfold in patterns -- specifically, as fractals. What is the market's price pattern showing us now?...
Filed Under: Dow Industrials, Elliott wave, Elliott Wave Theorist, market forecasts, Robert Prechter, Short Term Update
Category: Stocks
By Bob Stokes
12/12/2011 5:30:00 PM
Will the EU agreement prove bullish or bearish for world stock markets, including the Dow Industrials? Let's put it this way...
Filed Under: bailouts, banks, Dow Industrials, Elliott Wave Principle, European debt crisis, European Union (EU), Fannie Mae, stimulus package, U.S. STOCK MARKET
Category: Stocks
By Bob Stokes
12/7/2011 5:00:00 PM
A market commentator recently opined that stocks aren't being kept afloat by hopes for a European debt solution, but then claimed that the real reason to be bullish is very low interest rates. What does the evidence show? Take a look at the chart...
Filed Under: Dow Industrials, Elliott wave, Nasdaq Composite, Treasury bills (T-bills), Interest Rates
Category: Stocks
By Bob Stokes
11/17/2011 5:00:00 PM
The September Elliott Wave Theorist said "Articles come out almost daily talking about the extreme volatility and what it 'means.' But this is something we forecast..." Find out what we're forecasting now...
Filed Under: Dow Industrials, Elliott Wave Theorist, market crash, market forecasts, Robert Prechter, U.S. Federal Reserve (the Fed)
Category: Stocks
By Bob Stokes
11/14/2011 5:00:00 PM
In the world of finance, the market has a deviously clever mind of its own -- forever fooling the majority by taking nearly any path except the one most investors expect. For example...
Filed Under: Dow Industrials, Elliott wave, investor psychology, market forecasts
Category: Stocks
By Bob Stokes
11/7/2011 2:45:00 PM
Before you draw any conclusions about what the Dow Industrial's positive performance in recent weeks means, consider this interesting market fact...
Filed Under: Dow Industrials, Elliott Wave Principle, investor psychology, market crash, market forecasts, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Bob Stokes
10/21/2011 5:30:00 PM
The October 21 triple-digit stock market surge led a major financial website to ask:"Could Today's Market Leap Have Been Predicted?" (Smartmoney) The short answer is "Yes." In fact, it was.
Filed Under: Dow Industrials, Elliott wave, investor psychology, market forecasts, Short Term Update
Category: Stocks
By Bob Stokes
10/11/2011 3:00:00 PM
In a bear market, big countertrend rallies are like that con man. They can falsely assure even the most cautious individual. Many investors want to believe. And many succumb...
Filed Under: Bear market, Robert Prechter, Dow Industrials, Elliott wave, head and shoulders pattern, investor psychology, technical indicators
Category: Stocks
By Bob Stokes
9/7/2011 5:30:00 PM
The market's price patterns look similar at all degrees of trend. In other words, the market's price history is a fractal. With that in mind, please take a look at this 1937-1938 Dow Jones Industrials chart...
Filed Under: Dow Industrials, Elliott Wave Principle, Elliott Wave Theorist, market forecasts, Robert Prechter
Category: Stocks
By Bob Stokes
8/26/2011 5:15:00 PM
Robert Prechter then describes the market's price form, and how it should unfold in the immediate months and years ahead. After providing subscribers his thorough analysis, Prechter says...
Filed Under: Bear market, Dow Industrials, economic depression, Elliott Wave Principle, Elliott Wave Theorist, great depression, market forecasts, Robert Prechter, volatility
Category: Stocks