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
5/21/2012 5:45:00 PM
The historic market action of April 29, 2011 is key to our outlook. Moreover, a May 1 market event handed us an additional clue. In the new Theorist, Robert Prechter writes...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Fibonacci, market forecasts, Nasdaq Composite, New York Stock Exchange (NYSE), Robert Prechter, S&P 500
Category: Stocks
By Bob Stokes
5/18/2012 5:30:00 PM
Ten days before the most recent stock market top (May 1), an April 21 Barron's online headline read: "...Big Money Poll Finds Money Managers Are Bullish." But since the start of the month, the Dow Industrials has given back over 900 points. What gives?...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, investor psychology, mutual funds, Robert Prechter
Category: Stocks
By Vadim Pokhlebkin
5/10/2012 5:00:00 PM
When you trade stocks, the question is always the same: What's the trend? Looking at the market's "fundamentals" today, you'd probably agree that it's a tough call. Europe is tanking, but maybe it's not so bad; U.S. jobs market is improving, but not as well as we'd like. Is the Fed done "stimulating"? Will the ECB lower interest rates? And on, and on. Here's how Elliott wave analysis helps you cut through the guesswork...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Interest Rates, Nasdaq Composite, S&P 500, stock indexes, technical analysis, trade targets, trading lessons, trendlines
Category: Stocks
By Bob Stokes
5/1/2012 1:30:00 PM
The conventional wisdom is that the economy, above all else, will determine whether a president is re-elected. But what people presume is not always true. We decided to find out for ourselves...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Theorist, Robert Prechter, social mood
Category: Stocks
By Vadim Pokhlebkin
4/9/2012 5:30:00 PM
Stocks fell lower as this week began, and observers in unison blamed last Friday's weak U.S. jobs report. Don't fall for this argument. All you need is one look at this DJIA chart over the past week to see what's really going on.
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Nasdaq Composite, S&P 500, unemployment
Category: Stocks
By Vadim Pokhlebkin
3/15/2012 4:15:00 PM
We all know that the stock market has been rising for 3 years. Many economic measures -- unemployment, consumer spending and confidence, etc. -- also show strong improvement. Yet is that a good reason to stay bullish on stocks? Some people might say the answer is obvious enough to render the question silly. But before you give a reply...
Filed Under: Bob Prechter, bull market, diversification, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Theorist, S&P 500, safe haven
Category: Stocks
Stock Market Bull: Real or Phony?
Robert Prechter's new Elliott Wave Theorist puts the S&P 500 rally to a "golden" truth test
By Nico Isaac
2/27/2012 5:15:00 PM
On February 24, the S&P 500 rose to its highest level in nearly four years after breaking through its long-standing April 29, 2011, peak. And, according to the mainstream experts, there is just one word to describe the S&P's long-term future: "Ole!" Are the bulls right?
Filed Under: Bob Prechter, bull market, Dow Jones Industrial Average (DJIA), Elliott wave, Gold, prechter, real Dow, Robert Prechter, S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Vadim Pokhlebkin
2/15/2012 5:15:00 PM
Most investors see share buybacks like this one as bullish for the broad stock market. Says one investment strategist: "If the corporate community really agreed on the idea we’re heading to a recession, they wouldn’t be buying back their stock." That logic makes perfect sense…until you dig a little deeper.
Filed Under: bull market, buy and hold, Dow Jones Industrial Average (DJIA), Elliott wave, Nasdaq Composite, S&P 500, Wall Street
Category: Stocks
By Nico Isaac
2/14/2012 5:00:00 PM
You can judge market sentiment in more ways than one. For example, cover pages of popular periodicals can give you a glimpse of the prevailing mood in the market. When a financial trend is so strong, or in force for so long -- or both -- that it makes the cover, the trend is usually fully acted upon, and therefore close to a reversal. Here at Elliott wave International, we've often used this phenomenon to help us gauge how extreme market sentiment has become -- and therefore, how close is the market in question to a reversal.
Filed Under: bull market, Chinese markets, credit crisis, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Principle, housing prices, Lehman Brothers, Magazine Cover Indicator, Shanghai Composite Index, social mood
Category: Stocks
"Half-time" In America: Will the Second Half Really Be Better?
The brand-new, February 2012 issue of our Elliott Wave Financial Forecast examines unique market evidence to tell you whether U.S. stocks are REALLY headed for a new bull market
By Nico Isaac
2/6/2012 3:45:00 PM
In case you missed yesterday’s 2012 Super Bowl game, here are the key highlights. Final score: New York Giants beat the New England Patriots: 21-17. Most Valuable Player: Eli Manning. Most Memorable Performance by: 82-year old famed actor Clint Eastwood
Yes, you read that last detail right. The two-minute Chrysler ad narrated by Eastwood at half-time has everyone talking. The reason being...
Filed Under: bull market, Dow Jones Industrial Average (DJIA), Elliott wave, Nasdaq Composite, S&P 500, social mood, socionomics, stock indexes, stock market cycles, technical analysis, technical indicators
Category: Stocks
By Vadim Pokhlebkin
1/19/2012 10:45:00 PM
With the DJIA making gains so far this month, the Jan. 18 issue of Elliott Wave International's Monday-Wednesday Friday Short Term Update takes a look at market sentiment...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, New York Stock Exchange (NYSE), S&P 500, sentiment, steve hochberg, U.S. STOCK MARKET, volatility
Category: Stocks
By Bob Stokes
1/6/2012 5:15:00 PM
Time and again, experience shows that when third waves begin, investors are psychologically unprepared. For example, consider the third wave launch on...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Principle, Elliott Wave Theorist, Robert Prechter, S&P 500
Category: Stocks
By Nico Isaac
1/5/2012 10:30:00 PM
On January 4, I began a three-part series titled "Famous Stock Market Myths Exposed." The first piece tried to dispelled the widely held notions of the stock market's consistent seasonal biases. Today, let's look at another backbone of mainstream economic thought: that earnings are the driver of stock market trends.
Filed Under: Dow Jones Industrial Average (DJIA), earnings, Nasdaq Composite, S&P 500
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 Vadim Pokhlebkin
1/3/2012 6:30:00 PM
You can probably relate: Every year, come January 1, I just can't help but feel that "every little thing is gonna be all right," as Bob Marley sang. This year, the mainstream financial community is sharing the same sentiment. Here's how our own December 30 Short Term Update summarized it...
Filed Under: Dow Jones Industrial Average (DJIA), market forecasts, Nasdaq Composite, S&P 500, sentiment, unemployment
Category: U.S. Economy
By Bob Stokes
1/3/2012 5:45:00 PM
Since 2000, the stock market has been in a topping process. Eleven years may seem like a long time for a market to "top," but consider how long the 1980s / '90s bull market was...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, head and shoulders pattern, Robert Prechter, technical analysis, technical indicators
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 Editorial Staff
12/20/2011 10:45:00 AM
We have already seen that economic performance, earnings and inflation do not necessarily coincide with movements in apparently related financial markets. Is there any evidence that dramatic news events that make headlines, such as terrorist attacks, political events, wars, crises or any such events are causal to stock market movement?
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Principle, investment decisions, investor psychology, market forecasts, market myths, Robert Prechter, social mood, stock indexes, technical analysis, terrorist attacks
Category: Classic Prechter
By Editorial Staff
12/16/2011 9:45:00 AM
In the world of physics, action is followed by reaction. Most financial analysts, economists, historians, sociologists and futurists believe that society works the same way. They typically say, “Because so-and-so has happened, such-and-such will follow.”
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Principle, Gold, precious metals, Robert Prechter, social mood
Category: Classic Prechter