Russian Stocks: What's Driving the "Mystery" Rally?
How can the country's stocks rally while the economy keeps contracting

European Stocks: How Much More of the "Downside Fireworks"?

In early 2008, European stocks, especially those in Eastern Europe, were investors' darlings, "shelters from the storm." Well, try finding someone who thinks so now. And, says the European Financial Forecast editor Brian Whitmer in the new, March issue, judging by the "incomplete structure" of Elliott wave patterns in Europe's major bourses, they can go even lower.

European Stocks: Not As Chaotic As It May Seem
In terms of price movement, both bull and bear markets are quite orderly.

I'll bet that if you ask ten people which of these two words – "order" or "chaos" – they associate bull and bear markets with, eight out of ten will say that bull markets bring order, while bear markets are chaotic. Yet in terms of price movements, both bull and bear markets are quite orderly. You want proof? OK.

European Stocks: Sideways to… Higher?
Will the October-November period of sideways trading in the FTSE prove to be "base-building"?

Despite the fact that in November the index suffered another significant decline, its overall performance since late September-early October has essentially been flat, with almost zero net progress in either direction. If you think that's interesting, you're not alone. The editor of EWI's monthly European Financial Forecast (EFF), Tom Denham, focuses on this fact on p. 2 of the just-published, December issue -- and presents the following chart... 

Emerging Markets: Still The "Safe Havens?"
What's behind the selloffs in the stock markets in China, India -- and Russia?

Surely you've heard opinions that even if the stock markets in the U.S. and other developed countries experienced "a correction," the emerging markets would be just fine. Well, here we are. It's August 2008, a little over a year into the global liquidity crisis. China's Shanghai Composite stock index is down 50% from its all-time high; India's BSE SENSEX is down about 40%; and Russia's RTS is down over 30%. Why?

European Stocks: Five-Wave Moves Speak Volumes
It's no secret that summer months are rarely favorable for stock investors.

Summer months are rarely favorable for stock investors. ("Sell in May and go away," remember?) What complicates things now, however, is the ongoing liquidity crisis that has plagued the markets for almost a year now. And while some analysts out there keep saying "the worst is over," others are not so optimistic.

European Stocks: Finally Catching a Break?

As expected, European stock indexes rallied in April. However, May begins the “worst six months of the year” according to the Stock Trader’s Almanac. "Sell in May and go away, come back on St. Leger's Day," remember? They don’t say that for nothing...