By Bob Stokes
2/3/2012 5:30:00 PM
Should investors be concerned over too much Facebook excitement? Consider that the IPO filing comes after...
Filed Under: Elliott Wave Theorist, financial forecast, investor psychology, risk appetite, S&P 500, sentiment, Wall Street
Category: Stocks
Do Housing Prices Hurt/Help US Stocks?
See an eye-opening chart in Robert Prechter's current Elliott Wave Theorist that sets the record straight
By Nico Isaac
1/31/2012 5:00:00 PM
"Fundamental" analysis of financial markets follows one simple formula: negative economic data equal a fall in stock prices; positive data equal a rise. And, underneath every mainstream finanical news report, this equation lies. Take, for example, the long-awaited release of the S&P/Case-Shiller Index of US Property Values in 20 major cities.
Filed Under: Bob Prechter, debt, deflation, Elliott wave, Elliott Wave Theorist, fundamental analysis, housing prices, inflation, prechter, S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
Can The Fed Rebuild The US Housing Market?
Robert Prechter's latest Elliott Wave Theorist shows you compelling evidence on whether the wait for a housing recovery is almost over
By Nico Isaac
1/23/2012 5:30:00 PM
As the leading US economists look ahead to the future, they see one glaring obstacle standing in the way to lasting recovery: the still, defunct real estate market. And, according to many mainstream experts, there is one surefire way to turn the housing sector around: government stimulus, stimulus, and more stimulus.
Filed Under: central banks, home sales, housing prices, Interest Rates, prechter, Robert Prechter, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, Wall Street
Category: Real Estate
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 Nico Isaac
12/27/2011 3:30:00 PM
According to the famous song -- on the fifth day of Christmas, "my true love gave to me five golden rings." So, on the third day of Christmas (December 27, 2011), I'm giving you THREE things to know about the flaunted asset GOLD that completely go against mainstream financial wisdom.
Filed Under: fundamental analysis, Gold, recession, safe haven, Wall Street
Category: Gold and Silver
By Bob Stokes
12/14/2011 5:15:00 PM
Judges, financial authorities, Wall Street Occupiers, politicians, and others may try to level the financial playing field, but the biggest earth mover will prove to be the bear market itself. The latest Financial Forecast provides this insight...
Filed Under: Bear market, U.S. STOCK MARKET, Wall Street
Category: Stocks
Crude Oil: The Bulls Are Back In Town
EWI's Energy Specialty Service offers a different perspective on Crude and Brent than the mainstream
By Nico Isaac
12/5/2011 7:00:00 PM
The bulls are back in town! And, they've been spotted hang'n around their old stomping ground: the "Crude Oil Bar and Grill." To wit: On December 5, Wall Street presented its latest commodity forecast -- a bullish one, led by a 3-to-12 month rally in crude oil.
Filed Under: crude oil, Elliott wave, fundamental analysis, Wall Street, Elliott Wave trading
Category: Energy
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
10/28/2011 4:30:00 PM
Stories of her frugality are legendary: she traveled in an old carriage, bought broken cookies in bulk because they were less expensive, and reportedly spent half a night looking for a lost two cent stamp. But the most extreme example of her pathological stinginess relates to...
Filed Under: Ben Bernanke, Robert Prechter, central banks, deflation, history, monetary policy, stimulus package, Troubled Asset Relief Program (TARP), U.S. Federal Reserve (the Fed), Wall Street
Category: U.S. Economy
By Bob Stokes
9/19/2011 5:15:00 PM
Wall Street and the financial establishment still say the market is going higher, and/or that we've seen the low for the year. Others insist that we will avoid a "double-dip" recession. But the economic story the mainstream doesn't report is...
Filed Under: debt crisis, deflation, economic depression, Elliott Wave Theorist, Robert Prechter, Wall Street
Category: U.S. Economy
By Nico Isaac
8/29/2011 5:15:00 PM
On Monday August 29, much of the Big Apple (i.e., New York City) breathed a huge sight of relief. And not just because flood-bringing tropical storm Irene failed to deliver the "nightmare hurricane" scenario feared by the entire eastern seaboard. The opening to a brand new week also saw the violent stock market storm that has blown through Wall Street since early July taper off into clear skies.
Filed Under: Ben Bernanke, Bernanke, Dow Jones Industrial Average (DJIA), Elliott wave, fundamental analysis, stock indexes, trendlines, Wall Street
Category: Stocks
By Robert Folsom
7/20/2011 4:45:00 PM
The very latest round of headlines suggests that Wall Street's top dog may lead the way lower...
Filed Under: Elliott wave, Wall Street
Category: Stocks
By Nico Isaac
7/7/2011 5:00:00 PM
Well, it's happened: The global financial world has moved one step closer to witnessing the creation of the largest stock exchange on the planet: A near $10-billion merger between the New York Stock Exchange and Deutsche Boerse AG. On Thursday, July 7, news broke that 96% of voting NYSE shareholders said "Yay" to a union with the German entity. So, there's no time like the present to start learning a few key German phrases to welcome Wall Street's would-be financial in-laws. The four expressions below make for a fitting introduction:
Filed Under: New York Stock Exchange (NYSE), sentiment, Wall Street
Category: U.S. Economy
By Nico Isaac
6/14/2011 3:00:00 PM
The only time that fundamental analysis of financial markets doesn't make sense is those parts of the week that end in "day." Take, for instance, the slew of news items below discussing the recent price action in the world's leading stock index, the Dow Jones Industrial Average.
Filed Under: Robert Prechter, consumer confidence, crude oil, Dow Jones Industrial Average (DJIA), fundamental analysis, Robert Prechter, Wall Street
Category: Stocks
By Nico Isaac
5/12/2011 4:30:00 PM
Over the last two weeks, the silver market has gone from "red-hot" to "black hole." Since rocketing to a 31-year high on April 25, silver prices have plunged 30%-plus in their biggest decline since big hair and bangles were all the fashion: circa 1980. But is silver's recent reversal actually a "shock"? Answer: Yes, and no. For those who kept their ear to the ground beneath Wall Street, it most definitely is.
Filed Under: Elliott Wave trading, silver futures, Wall Street
Category: Gold and Silver
Current Echoes of the Old Mania
EWI's May Financial Forecast reveals whether these familiar notes are the sounds of a new bull market
By Nico Isaac
5/11/2011 12:15:00 PM
In the decade leading to the end of the Great Asset Mania in 2007, a rising tide of credit expansion drove many major financial market trends in remarkable harmony. Yet in 2009 this correlation seemed to diverge: stocks, precious metals, and oil moved contra-cyclically. But today, the trend in those markets is aligned once again.
Filed Under: bull market, credit crisis, Dow Jones Industrial Average (DJIA), gold futures, mania, market forecasts, mutual funds, New York Stock Exchange (NYSE), silver, U.S. dollar, U.S. Treasuries, unemployment, Wall Street
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
4/19/2011 4:45:00 PM
In the fall of 2009, I was in my mortgage broker's office to iron out the details of my new home refinancing deal. He knew I worked for EWI, so when we were done he asked the inevitable question: "So, what do you think about the stock market?" At the time the DJIA was around 10,000...
Filed Under: diversification, herding, Robert Prechter, Robert Prechter, social mood, stock indexes, Wall Street
Category: Stocks
U.S. Retail Sales Hurt By High Gas Prices? Think Again
See these charts to understand that market psychology does not follow the script of conventional economic wisdom
By Nico Isaac
4/14/2011 11:00:00 AM
This past weekend, I drove out to a local Borders bookstore to take advantage of its going-out-of-business sale. As I joined the throng of former English majors rummaging through piles of marked down old classics, I got wind of a heated conversation among some patrons debating why the store was closing in the first place. The number one reason I overheard was not -- as I expected -- the craze for wireless reading devices like the Kindle. No, it was the rising cost of gasoline.
Filed Under: Elliott Wave Principle, fundamental analysis, Wall Street
Category: Stocks