Consumer Confidence Hits a 6-Year High: Bullish for Stocks?
Why, of course it is! But please read on to understand why it's a trick question.

By Vadim Pokhlebkin
5/17/2013 4:15:00 PM

To decipher the meaning of economic reports like consumer confidence is the bread and butter of "fundamental" analysis. Inevitably, positive data are supposedly bullish for the stock market, while negative economic reports are bearish. But is this accurate? What a strange question, you may say -- of course it is! Stocks don't fall after good reports, or rise after bad ones...do they? Well, take a look at these financial news headlines and guess when they were published...

Filed Under: Bob Prechter, bull market, buy and hold, consumer confidence, consumer price index, consumer spending, Elliott wave, market forecasts, U.S. Federal Reserve (the Fed)

Category: Stocks

EURUSD: Big Week Ahead
Will the euro rally or fall on the news from the European Central Bank meeting on Thursday?

By Vadim Pokhlebkin
4/29/2013 5:15:00 PM

Two news stories from Europe hit the headlines Monday morning (Apr. 29). One: Italy finally ended its political chaos and swore in the new government. Two: The eurozone economic confidence fell more than expected. EURUSD, the euro-dollar exchange rate and the most traded forex market, rose on Monday. But pretend for a second that you didn't know that. Try this instead...

Filed Under: consumer confidence, currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, eurozone, forex, forex trading, Traders, U.S. dollar

Category: Currencies

America's Economic Engine Heads for an Overhaul
The economy continues to sputter.

By Bob Stokes
4/26/2013 4:45:00 PM

Nothing short of a complete overhaul will get the U.S. economic engine purring again. The financial mechanics have been trying to get that engine firing on all cylinders for five years now. They've used every tool at their disposal. Yet the engine continues to sputter. There appears to be only one fix.

Filed Under: bloomberg, conquer the crash, consumer confidence, consumer price index, consumer spending, debt, deflation, economic depression, economic indicators, Elliott wave, monetary policy, monetization, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

Prechter: "I'd Love to Turn Long-Term Bullish Again"
The next buying opportunity is going to be the one of a lifetime.

By Bob Stokes
4/17/2013 4:45:00 PM

Hindsight shows that Robert Prechter's August 1983 then-radical forecast of a "once-in-a-generation money-making opportunity" did happen. Yet that was a two-part forecast, so this question remains: Is the "biggest financial catastrophe" that Prechter foresaw still unfolding, or has the Fed confined the damage to the 2007-2009 financial crisis?

Filed Under: all the same market theory, Bear market, bull market, consumer confidence, consumer price index, deflation, Elliott Wave Theorist, Gold, Robert Prechter, soverign debt crisis, U.S. STOCK MARKET, unemployment

Category: Classic Prechter

An Epic Economic Trend Change is Underway
Persistent economic weakness sends a message.

By Bob Stokes
4/15/2013 6:15:00 PM

The earlier you spot a market trend, the more likely you can benefit from it. Is there an emerging economic trend in its early stages today? From the evidence, it appears so. Call it a seismic shift in the entire U.S. economy. Despite the evidence, most economic observers still do not expect what is about to swiftly unfold.

Filed Under: bloomberg, CNBC, conquer the crash, consumer confidence, consumer price index, consumer spending, deflation, economic depression, economic indicators, Elliott wave, gross domestic product (GDP), Interest Rates, recession, supply and demand, unemployment

Category: U.S. Economy

The Biggest Part of the Economy Could Be Headed for a Cool Down
Consumer confidence drops to its lowest level since December 2011

By Bob Stokes
3/15/2013 4:15:00 PM

If you notice fewer shoppers at the mall, fewer buyers on the car lot, fewer patrons at restaurants and fewer movie goers in coming days and months, don't be surprised. Why? The Thomson Reuters/University of Michigan preliminary sentiment index for March fell to its lowest level since December 2011. Learn what else the latest consumer sentiment data may suggest.

Filed Under: bloomberg, conquer the crash, consumer confidence, consumer spending, deflation, economic indicators, Elliott Wave Theorist, financial forecast, sentiment, social mood

Category: U.S. Economy

EURUSD: Story of the Week
Elliott waves in forex markets keep warning you of important trend changes

By Vadim Pokhlebkin
3/1/2013 3:45:00 PM

Our Senior Currency Strategist, Jim Martens, likes to say that, "You must faith in your analysis method." Here's another example of that. This week, the U.S. dollar strength pushed EURUSD, the euro-dollar exchange rate, below $1.30 for the first time in months. The week was rich on economic news. We learned that...

Filed Under: consumer confidence, Elections, Elliott wave, Elliott Wave trading, europe, eurozone, Fibonacci, forex, forex trading, fundamental analysis, gross domestic product (GDP), home sales, housing prices, technical analysis, technical indicators, U.S. dollar, unemployment

Category: Currencies

The Deflationary Trend: Consumers Slip into a Darker Mood
The U.S. economy shrinks in Q4

By Bob Stokes
1/30/2013 5:30:00 PM

The relentless optimism evident in financial markets apparently has not reached consumers. The Wall Street Journal notes that "Consumers turned gloomy as night in January." Learn what the Elliott Wave Financial Forecast says to expect as mood turns darker.

Filed Under: consumer confidence, consumer spending, deflation, economic indicators, financial forecast, sentiment, social mood

Category: U.S. Economy

History Has a Lesson for Real Estate Investors Who Think the Bubble is Fully Deflated
The service that forecast the real estate implosion warns of other bubbles

By Bob Stokes
7/16/2012 4:15:00 PM

Remember, real estate turned with lightning speed and accelerated downward. Yet the plunging prices were almost universally unexpected. Other financial asset classes are now sending equally ominous signs of major trend turns...

Filed Under: all the same market theory, commercial real estate, conquer the crash, consumer confidence, debt, deflation, economic depression, Elliott wave, financial forecast, foreclosures, great depression, history, home sales, housing prices, market forecasts, subprime lending

Category: U.S. Economy

Strange Recovery
Is it strange in here, or is it just...strange?

By Vadim Pokhlebkin
5/1/2012 4:00:00 PM

Something doesn't feel right. Look at this:

Filed Under: Bob Prechter, consumer confidence, earnings, Elliott wave, home sales, Robert Prechter, S&P 500, social mood, unemployment

Category: U.S. Economy

True or False? "Improving Economy is Bullish for the Stock Market"
Yes, it's a trick question. Read on to understand why

By Vadim Pokhlebkin
2/28/2012 5:45:00 PM

"Markets rise on increase in US consumer confidence," said a February 28 Associated Press headline. To decipher the meaning of economic reports like this is the bread and butter of "fundamental" analysis. Inevitably, positive data is supposedly bullish for the stock market, while negative economic reports are bearish. But is this accurate? What a strange question, you may say -- of course it is! Well, take a look at this.

Filed Under: Bear market, bull market, consumer confidence, Elliott wave, gross domestic product (GDP), Robert Prechter, S&P 500, VIX

Category: Stocks

That Bullish Feeling: "As Comfortable as Cotton Pajamas"
Is a trap being set?

By Bob Stokes
2/24/2012 5:00:00 PM

Are consumers and investors letting their guards down at exactly the wrong time? Well, the evidence about the economy shown in the two charts speaks for itself...

Filed Under: consumer confidence, Elliott Wave Theorist, investor psychology

Category: U.S. Economy

Expensive "Free Lunch" in Real Estate: Two More Shoes to Drop
Is a bottom in home prices anywhere in sight?

By Bob Stokes
1/31/2012 5:45:00 PM

Will the wide swaths of vacant homes now visible in Detroit, Cleveland, Las Vegas and Florida become common elsewhere?...

Filed Under: consumer confidence, deflation, foreclosures, home sales, housing prices

Category: Real Estate

Luxury May Be Lethal
"...luxury is a classic late-bloomer." -- Financial Forecast, March 2011

By Bob Stokes
10/7/2011 5:45:00 PM

Naturally, anyone has a right to spend their money on whatever they choose. The point to ponder is what the demand for luxury today may be telling us about our economy tomorrow. Find out where in the economic cycle that an increasing demand for luxury usually occurs...

Filed Under: consumer confidence, consumer spending, cultural trends, Elliott wave

Category: U.S. Economy

Faster "Economic Reversal" than 2008?
Signs that the economic downturn is speeding up

By Bob Stokes
9/9/2011 2:45:00 PM

There's yet another indicator that our economic deterioration might very well accelerate more rapidly than what happened in 2008. You can see this indicator for yourself...

Filed Under: consumer confidence, consumer spending, economic depression, gross domestic product (GDP), stimulus package

Category: U.S. Economy

The Downturn Returns -- and Houses Get Crowded
"The worst thing about real estate is its lack of liquidity during a bear market." -- Robert Prechter, Conquer the Crash

By Susan C. Walker
8/19/2011 12:15:00 PM

We now all live with a massive glut of real estate, which keeps housing prices low. But either no one wants to buy or they can't afford to buy. Add to that the latest statistics on new home sales and a few other areas, such as consumer sentiment and auto sales, and you can see that the economic downturn has returned.

Filed Under: conquer the crash, consumer confidence, housing prices, social mood

Category: U.S. Economy

Dividend Yields: A Major Sign of the Long-Term Trend in Stocks
Today's chart illustrates how dividend yields have earmarked significant tops and bottoms over the last century

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

Marriage of Necessity: British Consumers "Wedded" to the Cheapest Price
An "All Time Low" in British Consumer Confidence

By Bob Stokes
4/26/2011 5:00:00 PM

British businesses can use the extra coinage. Shoppers there have not parted with their pounds as readily as they did a few years ago. Consumer confidence in the U.K. has been sagging. See the chart...

Filed Under: Bank of England, consumer confidence, european central bank, European Union (EU), eurozone, FTSE

Category: European Markets

Love of Luxury: When Have We Seen This Before?
Forgetting There Ever was a "Financial Crisis"

By Bob Stokes
2/10/2011 5:15:00 PM

So what happened to the "Great Recession?" Has the economy suddenly "turned around?" Can you even have a "turn around" when housing prices are still in decline and unemployment is still high? What can explain the increased demand for luxury items? Here's what...

Filed Under: consumer confidence, consumer price index, Dow Jones Industrial Average (DJIA), Elliott Wave Principle, New York Stock Exchange (NYSE), recession, sentiment, social mood, supply and demand

Category: U.S. Economy

Europe on the Edge: Is a "Tipping Point" Near?
European Wave Analysis: A "Set-Up" in the Making

By Bob Stokes
2/7/2011 4:45:00 PM

How long can market optimism co-exist with a pessimistic populace? Are we approaching a "tipping point," as described by the latest issue of the European Financial Forecast?...

Filed Under: CAC40, consumer confidence, DAX, Elliott Wave Principle, euro stoxx 50, eurozone, european central bank, European Union (EU), eurozone, FTSE, Greek debt, VIX, volatility

Category: European Markets

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Browse Recent Media Articles that Mention EWI or Feature EWI Analysts
As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.

Consumer Confidence Hits a 6-Year High: Bullish for Stocks? Why, of course it is! But please read on to understand why it's a trick question.

EURUSD: Big Week Ahead Will the euro rally or fall on the news from the European Central Bank meeting on Thursday?

America's Economic Engine Heads for an Overhaul The economy continues to sputter.

Prechter: "I'd Love to Turn Long-Term Bullish Again" The next buying opportunity is going to be the one of a lifetime.

An Epic Economic Trend Change is Underway Persistent economic weakness sends a message.

The Biggest Part of the Economy Could Be Headed for a Cool Down Consumer confidence drops to its lowest level since December 2011

EURUSD: Story of the Week Elliott waves in forex markets keep warning you of important trend changes

The Deflationary Trend: Consumers Slip into a Darker Mood The U.S. economy shrinks in Q4

History Has a Lesson for Real Estate Investors Who Think the Bubble is Fully Deflated The service that forecast the real estate implosion warns of other bubbles

Strange Recovery Is it strange in here, or is it just...strange?

True or False? "Improving Economy is Bullish for the Stock Market" Yes, it's a trick question. Read on to understand why

That Bullish Feeling: "As Comfortable as Cotton Pajamas" Is a trap being set?

Expensive "Free Lunch" in Real Estate: Two More Shoes to Drop Is a bottom in home prices anywhere in sight?

Luxury May Be Lethal "...luxury is a classic late-bloomer." -- Financial Forecast, March 2011

Faster "Economic Reversal" than 2008? Signs that the economic downturn is speeding up

The Downturn Returns -- and Houses Get Crowded "The worst thing about real estate is its lack of liquidity during a bear market." -- Robert Prechter, Conquer the Crash

Dividend Yields: A Major Sign of the Long-Term Trend in Stocks Today's chart illustrates how dividend yields have earmarked significant tops and bottoms over the last century

Marriage of Necessity: British Consumers "Wedded" to the Cheapest Price An "All Time Low" in British Consumer Confidence

Love of Luxury: When Have We Seen This Before? Forgetting There Ever was a "Financial Crisis"

Europe on the Edge: Is a "Tipping Point" Near? European Wave Analysis: A "Set-Up" in the Making

Consumer Confidence Hits a 6-Year High: Bullish for Stocks?
Why, of course it is! But please read on to understand why it's a trick question.

EURUSD: Big Week Ahead
Will the euro rally or fall on the news from the European Central Bank meeting on Thursday?

America's Economic Engine Heads for an Overhaul
The economy continues to sputter.

Prechter: "I'd Love to Turn Long-Term Bullish Again"
The next buying opportunity is going to be the one of a lifetime.

An Epic Economic Trend Change is Underway
Persistent economic weakness sends a message.

The Biggest Part of the Economy Could Be Headed for a Cool Down
Consumer confidence drops to its lowest level since December 2011

EURUSD: Story of the Week
Elliott waves in forex markets keep warning you of important trend changes

The Deflationary Trend: Consumers Slip into a Darker Mood
The U.S. economy shrinks in Q4

History Has a Lesson for Real Estate Investors Who Think the Bubble is Fully Deflated
The service that forecast the real estate implosion warns of other bubbles

Strange Recovery
Is it strange in here, or is it just...strange?

True or False? "Improving Economy is Bullish for the Stock Market"
Yes, it's a trick question. Read on to understand why

That Bullish Feeling: "As Comfortable as Cotton Pajamas"
Is a trap being set?

Expensive "Free Lunch" in Real Estate: Two More Shoes to Drop
Is a bottom in home prices anywhere in sight?

Luxury May Be Lethal
"...luxury is a classic late-bloomer." -- Financial Forecast, March 2011

Faster "Economic Reversal" than 2008?
Signs that the economic downturn is speeding up

The Downturn Returns -- and Houses Get Crowded
"The worst thing about real estate is its lack of liquidity during a bear market." -- Robert Prechter, Conquer the Crash

Dividend Yields: A Major Sign of the Long-Term Trend in Stocks
Today's chart illustrates how dividend yields have earmarked significant tops and bottoms over the last century

Marriage of Necessity: British Consumers "Wedded" to the Cheapest Price
An "All Time Low" in British Consumer Confidence

Love of Luxury: When Have We Seen This Before?
Forgetting There Ever was a "Financial Crisis"

Europe on the Edge: Is a "Tipping Point" Near?
European Wave Analysis: A "Set-Up" in the Making