European Stocks: A Chicken or a Fox?
EWI's European Stocks Specialty Service brings you original price charts and objective Elliott wave analysis of the Euro STOXX 50's next big move
By Nico Isaac
2/8/2012 5:30:00 PM
If you didn't know any better, you might think the recent news items regarding the European stock markets were being written from inside a loony bin. Case in point, the following slew of Euro-related headlines: "European stocks DECLINED as Greek talks... continued" -- VERSUS -- "European Stocks RISE Amid Greet Debt Talks."
Filed Under: Bob Prechter, Elliott wave, Elliott Wave trading, euro stoxx 50, europe, european markets, Fibonacci, fundamental analysis, prechter, Prechter's Perspective, Relative Strength Index (RSI)
Category: European Markets
By Vadim Pokhlebkin
2/3/2012 6:45:00 PM
Mainstream analysts can busily debate Europe's "fundamentals," but here at Elliott Wave international our European Financial Forecast editor Brian Whitmer reports this...
Filed Under: AEX, bailouts, Elliott wave, euro, europe, european central bank, European debt crisis, european markets, eurozone, prechter, technical analysis, technical indicators
Category: European Markets
Greek Stocks Surge 21%: How to Be Prepared for the Next "Surprise" out of Greece
Elliott Wave International's European Short Term Update explains why the latest rally in Greece's FT-ASE was a predictable event -- without the news or "fundamentals."
By Nathaniel Williams
2/2/2012 12:00:00 PM
Here at EWI, our analysts don't forecast based on the whims of the financial news or "fundamentals", because we know from observing market behavior for over 30 years that news and events are not the markets' driving force. Instead, we study price chart patterns -- a method we've found much more reliable at predicting trend changes. Let me show you an example using the latest stock rally in Greece.
Filed Under: bailouts, Elliott wave, Elliott Wave trading, europe, European debt crisis, european markets, European Union (EU), eurozone, Greek debt
Category: European Markets
Who Downgraded France before S&P Did?
Discover how rating agencies simply endorse the judgments that stock markets make
By Nathaniel Williams
1/24/2012 2:00:00 PM
After Standard & Poor's downgraded France on Jan. 13, 2012, some analysts were shocked -- while others fiercely criticized the move. But is it S&P they should be mad at?
Filed Under: debt downgrade, europe, European debt crisis, european markets
Category: European Markets
By Vadim Pokhlebkin
1/18/2012 6:30:00 PM
What was it about the Elliott wave structure of EURUSD (the euro-dollar exchange rate and world's most actively traded forex pair) that told our analysts to expect EURUSD to fall in the second half of 2011? Let's look at a sample of our actual analysis.
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, European debt crisis, eurozone, forex, forex trading, prechter, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
1/8/2012 11:00:00 PM
Since August 2011, the FTSE 100 has rallied in a series of three-wave structures. The FTSE Small Cap Index recorded lower lows in both October and November. The DAX’s retracement high this past fall was a Fibonacci 61.8% of its previous decline. Rallies were weaker in the CAC 40 and Eurostoxx 50, as both indexes have retraced about 50% of their respective sell-offs. Get the detailed analysis of these observations -- and our forecasts -- in the opening section of the January 2012 European Financial Forecast.
Filed Under: Bank of England, Bear market, Elliott wave, euro, euro stoxx 50, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, technical analysis, technical indicators
Category: European Markets
By Vadim Pokhlebkin
1/4/2012 7:00:00 PM
Looking back at 2011, almost everyone agrees that the euro weakness/dollar strength we saw was only logical. Seriously, where else was the euro to go but down last year, with all the problems in Europe? It's a wonder EURUSD didn't fall any lower! "Fundamentally"-based explanations like this always make perfect sense when you look back. It's when you try to apply them going forward, that's when it gets tricky. I'll give you an example.
Filed Under: Elliott wave, eu, euro, euro/USD exchange rate, europe, European debt crisis, european markets, eurozone, forex, forex trading, technical analysis, technical indicators, trade targets, Traders, trading lessons, U.S. dollar
Category: Currencies
By Laura Rispin
12/30/2011 4:00:00 PM
EWI's analysts have been anticipating and tracking the credit contagion across the European nations for the past two years. Elliott Wave International subscribers were first alerted to the still-developing European debt crisis back in December 2009.
Filed Under: europe, European debt crisis, investment decisions
Category: European Markets
By Vadim Pokhlebkin
12/22/2011 5:45:00 PM
At EWI, our main forecasting tool is Elliott wave analysis. But our analysts also use a number of other, supporting technical indicators. Keltner Channels are one of the favorite technical analysis tools the editor of our European Short Term Update Chris Carolan uses. Watch this free video for more >>
Filed Under: AEX, bailouts, CAC40, DAX, Elliott wave, eu, europe, European debt crisis, european markets, European Union (EU), eurozone, FTSE, technical analysis, technical indicators, trading lessons, video
Category: European Markets
By Nathaniel Williams
12/16/2011 5:15:00 PM
Credit rating agencies can upgrade or downgrade their ratings of financial institutions, but they don't determine the safety of those institutions -- the market does. An EU crackdown wouldn't change the market's underlying reality.
Filed Under: europe, european markets, European Union (EU), eurozone
Category: European Markets
Germany's DAX Index Rallies on Barrage of…BAD News?
EWI's European Intraday Stocks Specialty Service shows how the latest market rally was anticipated by the near-term Elliott wave picture
By Nico Isaac
12/9/2011 5:30:00 PM
On December 9, Germany’s DAX enjoyed a huge, triple-digit rally DESPITE a slew of bad news longer than Al Capone's rap sheet: i.e. A cut in German's 2012 growth prospects AND sharp decline in the country's exports in October. The market's surge in the midst of such dismal data makes no fundamental sense. It does, however, make Elliott wave sense.
Filed Under: DAX, Elliott wave, Elliott Wave trading, europe, European debt crisis, european markets, fundamental analysis
Category: European Markets
By Vadim Pokhlebkin
12/5/2011 5:00:00 PM
Every recent stock rally in Europe ignites the hope that the worst of the debt crisis is finally over. Yet every mini-crash that follows mocks those hopes once again... and again... We watched ups and downs like these in 2007-2009, too.
Filed Under: bailouts, Bank of England, CAC40, DAX, economic depression, Elliott wave, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, soverign debt crisis, Swiss Market Index (SMI)
Category: European Markets
By Nico Isaac
11/30/2011 4:45:00 PM
For weeks on end, the European debt crisis has seemed like an all-eyes-on-the-asteroid hurtling toward earth. It appeared to get closer by the day; but no one could say if the asteroid would burn up mid-air, or crash into the global economy surface and annihilate the financial world as we know it. BUT on Wednesday November 30, the round-the-clock Euro death watch suddenly stopped. European stock markets rocketed to a one-week high, led by a stellar 4%-plus rally in the bellwether Euro Stoxx 50 index.
Filed Under: central banks, debt crisis, euro stoxx 50, europe, European debt crisis, european markets
Category: European Markets
By Vadim Pokhlebkin
11/28/2011 10:00:00 PM
Try this. Look back at any day's news and compare it with the forex market action that followed. It's easy to reconcile the two, isn't it? You can almost always find a reason in the news why the markets did what they did. For example, EUR/USD...
Filed Under: Elliott wave, Elliott Wave trading, eu, euro, euro/USD exchange rate, europe, European debt crisis, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
By Nico Isaac
11/28/2011 3:15:00 PM
In case you're only just now emerging from a turkey coma, here's the latest in stock market news: When the closing bell was said and rung on Friday, November 25, US stocks had capped their worst Thanksgiving week-drop in nearly 80 years (circa 1932). But that was then. Come Monday, November 28, the mainstream financial media observed a Patti LaBull "new attitude" among US stocks as the Dow Jones Industrial Average rocketed 300-plus points in early going.
Filed Under: Dow Jones Industrial Average (DJIA), europe, European debt crisis, stock indexes, Elliott Wave trading
Category: Stocks
Markets Aren't Rational
EWI's Brian Whitmer shows how the European financial markets move despite the news
By Debbie Iseler
11/23/2011 2:45:00 PM
As the news from Europe about bailouts and the euro's viability changes by the hour, EWI's European editor, Brian Whitmer, doesn't see the uncertainty as a problem. In fact, he points out that when uncertainty blooms, you can really see that markets aren't rational and that Elliott waves tend to become even clearer.
Filed Under: brian whitmer, Club EWI, eu, euro, europe, European debt crisis, european markets, European Union (EU), eurozone
Category: European Markets
By Susan C. Walker
11/23/2011 2:00:00 PM
It's getting harder to borrow in Europe, because lenders aren't so eager to lend.
Filed Under: europe, european central bank, European debt crisis, european markets, eurozone
Category: European Markets
EUR/USD: Don't Let the News Confuse You
Shouldn't the European Central Bank's readiness to stop the debt crisis be a euro-bullish factor?
By Vadim Pokhlebkin
11/16/2011 7:45:00 PM
On November 16, EUR/USD slipped to $1.3420, a low it's not seen since early October. "Euro Reaches 5-Week Low on Bets ECB to Buy More European Debt," one headline explained the euro weakness. Strange; shouldn't the European Central Bank's readiness to stop the debt crisis be a euro-bullish factor? Well, that depends.
Filed Under: Elliott Wave trading, eu, euro, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, U.S. dollar
Category: Currencies
By Alexandra Lienhard
11/16/2011 1:00:00 PM
Enjoy this 16-minute long interview with EWI's European Financial Forecast editor, Brian Whitmer.
Filed Under: eurozone, eu, soverign debt crisis, europe, brian whitmer, Greek debt, interview, Club EWI
Category: European Markets
By Vadim Pokhlebkin
11/10/2011 5:15:00 PM
You may have seen a TV ad where "traders" describe their strategies, and one says, "I trade on fundamentals." That sounds very reassuring -- except, which “fundamental” factor trumps the other? Which one carries more weight in your forecast? Your guess is as good (or bad) as anybody’s. Your alternative is technical analysis...
Filed Under: earnings, Elliott wave, Elliott Wave Education, Elliott Wave trading, europe, technical analysis, technical indicators, trading lessons
Category: Stocks