By Bob Stokes
12/15/2011 5:30:00 PM
After reading this, you may wonder how healthy the "economic recovery" really is...
Filed Under: banks, debt downgrade, deflation, Federal Open Market Committee (FOMC), Interest Rates, monetary policy, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
Living in the Post-QE World
Today's chart punctures the popular notion that stocks must fall if bond yields were to rise, post-QE2
By Nico Isaac
6/29/2011 11:30:00 AM
The countdown to a post-QE financial world is over in t-minus 10, 9, 8... Today, June 30 marks the end of the U.S. Federal Reserve's massive "quantitative easing" program. So the question is: Withe end-of-QE days be a world in which only stock-roaches and Twinkies survive? All jokes aside, many mainstream experts say life after the Fed's historic stimulus campaign will be markedly different for the stock and bond markets.
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Federal Open Market Committee (FOMC), market forecasts, Nasdaq Composite, QE2, quantitative easing, Robert Prechter, S&P 500, safe haven, stock indexes, Treasury bills (T-bills), U.S. Federal Reserve (the Fed), U.S. Treasuries
Category: Stocks
By Vadim Pokhlebkin
6/28/2011 5:15:00 PM
You may remember the event that dominated last week's U.S. economic calendar: the June 22 Federal Reserve's interest rates announcement followed by Ben Bernanke's press-conference. In a credit-based economy that revolves around lending and borrowing, interest rates are a hugely important component of the overall economic picture. So it's no wonder that Wall Street and Main Street both pay close attention to the Fed's interest rates decisions. But the fact is that the Fed is no more in charge of interest rates than it is of the weather. See this chart...
Filed Under: Ben Bernanke, central banks, Federal Open Market Committee (FOMC), monetary policy, Robert Prechter, stimulus package, Treasury bills (T-bills), Treasury bonds, U.S. Federal Reserve (the Fed)
Category: U.S. Economy
What Will Happen to the Stock Market When QE2 Ends?
Club EWI's free "Independent Investor eBook, 2011 Edition" offers you an unorthodox view of the Fed's quantitative easing program
By Vadim Pokhlebkin
6/27/2011 12:00:00 PM
Club EWI's free "Independent Investor eBook, 2011 Edition" offers you an unorthodox view of quantitative easing and its "effects" on stocks and the economy...
Filed Under: Ben Bernanke, Elliott wave, Federal Open Market Committee (FOMC), liquidity, market manipulation, monetary policy, monetization, Robert Prechter, QE2, quantitative easing, Robert Prechter, stimulus package, U.S. Federal Reserve (the Fed)
Category: Stocks
By Vadim Pokhlebkin
6/24/2011 5:15:00 PM
On Wednesday, June 22, the Federal Reserve Bank released its latest interest rates policy statement (no change). Afterward the Fed Chairman Ben Bernanke held a press conference, followed by a Q&A period. The financial media paid lots of attention to what Bernanke said. Our own Steve Hochberg -- editor of the Monday-Wednesday-Friday Short Term Update -- had this to say about Bernanke's press conference...
Filed Under: Ben Bernanke, economic depression, Elliott wave, Federal Open Market Committee (FOMC), gross domestic product (GDP), monetary policy, QE2, quantitative easing, recession, stimulus package, stock indexes, U.S. Federal Reserve (the Fed)
Category: Stocks
By Vadim Pokhlebkin
6/10/2011 5:30:00 PM
As of June 10, the Dow has suffered the "longest losing streak since the fall of 2002," reports The Associated Press. As for why stocks are falling, most observers agree: Blame "weaker hiring, industrial output, and a moribund housing market." The economic reports from the past two weeks made that clear. But wait a minute. The DJIA didn't top in the past two weeks -- it topped on April 29!
Filed Under: Bear market, Ben Bernanke, bull market, Dow Jones Industrial Average (DJIA), economic depression, Elliott wave, Federal Open Market Committee (FOMC), Nasdaq Composite, S&P 500, stimulus package, unemployment
Category: Stocks
By Nico Isaac
5/2/2011 3:45:00 PM
On April 29, people all across the globe tuned into the 24-hour media coverage surrounding one main celebration -- and no, I'm not talking about the Royal Wedding at Buckingham Palace. The other widely watched event did not take place on Westminster Abbey, but rather on Wall Street. There, silver was crowned "king" of the precious metals after soaring to its highest level in more than three decades. In the last year alone, silver prices have surged 148%, officially dethroning the prior metal monarch, gold. (Gold has rallied 29% over the same period.)
Filed Under: Federal Open Market Committee (FOMC), gold futures, silver futures, Wall Street, Elliott Wave trading
Category: Gold and Silver
By Vadim Pokhlebkin
11/9/2010 2:45:00 PM
FreeWeek is Here! At noon EST on Wednesday, November 10, log into Elliott Wave International's Subscribers page with your free Club EWI password or an existing subscriber ID -- and read Currency Specialty Service forecasts free for a week during EWI's famous FreeWeek event. No strings attached; details for instant free access here.
Filed Under: forex trading, euro/USD exchange rate, euro, U.S. dollar, Elliott Wave Principle, Federal Open Market Committee (FOMC)
Category: Currencies
By Nico Isaac
11/1/2010 4:45:00 PM
Welcome to my one-person "rally to restore sanity" in the mainstream financial analysis. As it stands now, the mainstream pundits use the "news-moves-markets" model to inform their daily columns, podcasts, tweets, or any other technotations. Today I declare the "unreasonableness" in this model and end on this keynote remark: Fundamental analysis of financial markets is lately but a willy-nilly hash-up of cherry-picked data having no clear effect on the movement in stock prices.
Filed Under: U.S. Federal Reserve (the Fed), Federal Open Market Committee (FOMC), S&P 500
Category: Stocks
By Nico Isaac
9/22/2010 5:00:00 PM
"US Stocks Rally Ahead Of Fed Statement" writes one September 21 news story. Then, on September 22, the headline changes as stock prices reverse: "Fed Policy Hints Weighs On Stocks." Such is the fun, inconsistent world of fundamental analysis...
Filed Under: S&P 500, U.S. Federal Reserve (the Fed), Federal Open Market Committee (FOMC)
Category: Stocks
By Vadim Pokhlebkin
8/10/2010 3:45:00 PM
At 2:15 EST on August 10, the Fed said it was keeping U.S. interest rates near zero. The U.S. dollar lost on the news, sending the EUR/USD (the euro-dollar exchange rate and the most actively traded forex pair) up over 100 pips. But if you were watching the EUR/USD's wave patterns prior to the Fed's announcement, you didn't have to wait until 2:15 PM to know that the euro was going to fly.
Filed Under: U.S. Federal Reserve (the Fed), euro, U.S. dollar, Federal Open Market Committee (FOMC), euro/USD exchange rate
Category: Currencies
By Vadim Pokhlebkin
4/26/2010 6:00:00 PM
In Monday's end-of-day forecast for the U.S. Dollar Index, editor of Elliott Wave International's Currency Specialty Service Jim Martens alerts his forex subscribers to the fact that although "there are multiple Elliott wave pattern possibilities" for the U.S. dollar presently, they all point to the same outcome.
Filed Under: U.S. dollar, volatility, Federal Open Market Committee (FOMC), euro/USD exchange rate
Category: Currencies
By Vadim Pokhlebkin
1/27/2010 4:30:00 PM
Around data releases, forex; traders often buy the U.S. dollar -- but then sell it just as quickly (or vice versa). Trading at such moments can be dangerous, but it helps if you know Elliott wave analysis. Watch this classic free 8-minute video where the editor of EWI's intensive Currency Specialty Service Jim Martens explains how.
Filed Under: U.S. Federal Reserve (the Fed), U.S. dollar, Federal Open Market Committee (FOMC)
Category: Currencies
By Nico Isaac
6/24/2009 3:45:00 PM
t's Federal Open Market Committee time again. And, even before the June 24 meeting adjourned, word-parsers were dissecting the "minutes" like a high school biology student with a frog. In short: While everyone with a pulse guesses at the meaning of Bernanke-speak, ALL of them hope his words give the stock market something to celebrate.
Filed Under: Federal Open Market Committee (FOMC), U.S. Federal Reserve (the Fed), bailouts, central banks, U.S. Federal Reserve (the Fed)
Category: Interest Rates
By Vadim Pokhlebkin
4/13/2009 6:00:00 PM
Any experienced forex trader will tell you that trading currencies when a major economic report gets released can be treacherous. Probably the most infamous of all scheduled news releases -- infamous for its treachery, that is -- are the U.S. interest rate announcements by the Federal Reserve Bank. But market action on those days can also mean opportunity for a forex trader who is properly positioned BEFORE the announcement. Here are some thoughts on how to do that...
Filed Under: U.S. Federal Reserve (the Fed), euro/USD exchange rate, Federal Open Market Committee (FOMC)
Category: Currencies
EUR/USD: Anticipate
What's the point of explaining market moves that have already happened?
By Vadim Pokhlebkin
1/28/2009 6:00:00 PM
Conventional forex analysts do a good job of explaining how news stories move the markets – in retrospect. This week, for example, as the euro-dollar exchange rate (EUR/USD) moved about 400 pips higher, a story on the morning of January 28 said this...
Filed Under: euro/USD exchange rate, euro/USD exchange rate, Federal Open Market Committee (FOMC)
Category: Currencies
By Nico Isaac
4/9/2008 4:30:00 PM
No one said it was going to be easy. But this is ridiculous. In order to stay on the trail of the U.S. Treasury market, the powers that be have one word of advise: FOLLOW the mainstream “experts.” What they don’t tell you is: The path the “experts” blaze has more switchbacks than San Francisco’s famed Lombard Street.
Filed Under: U.S. Treasuries, U.S. Federal Reserve (the Fed), Greenspan, Federal Open Market Committee (FOMC)
Category: Interest Rates