Elliott Wave International Master Theme.
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The Shocking Truth About the FDIC and Your Bank Deposits
Why you can’t rely on the FDIC if another financial crisis hits and your bank goes under Editor’s note: The failures of Silicon Valley Bank and Silvergate Bank have many observers of the banking system discussing the possibility of contagion. Even so, many depositors feel safe because their deposits are covered up to $250,000 by…
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Silicon Valley Bank and ‘The Great Purge’
The “binge and purge” credit cycle dates back decades. It goes like this: When interest rates are low, people binge on credit. When the rates rise… yep, you got it. Watch Market Trek host Brian Whitmer show you an eye-opener of a chart going back to the 1960s — and explain how the Silicon Valley…
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Insights into This “Old Faithful” Indicator of Financial Peaks
Here’s when “supposedly informed corporate officers take the bait”
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“You Got To Know When To Hold ‘Em…”
Good poker players learn to read their opponents’ “tells” – subtle signs in their behavior that tip off what cards they REALLY have. Good market technicians learn to do the same with oscillators – subtle signs in their behavior that tip off what the MARKET is getting ready to do. Here’s a great example from…
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How to Incorporate Seasonal Tendencies Into Trading
Seasonal charts are another subordinate tool I like to use in conjunction at times with the Wave Principle to look for opportunities. Seasonals show us historical price tendencies over many years of data. Some markets/stocks are more seasonal than others. One approach I use is to note key turn dates on the seasonal chart for…
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Pssssst! Wanna Sound Like a Pro?
Trade secret time, kiddies! Want to know where most Elliott wave analysts get their first and best target from? This one little guideline from page 66 of Elliott Wave Principle, which says that: Corrections, especially when they themselves are fourth waves, tend to “register their maximum retracement within the span of travel of the previous…
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It’s Earnings Season! Up is Good and Down is Bad, Right?
Every quarter, the mainstream media is full of headlines that spew the so-called “conventional wisdom” that good earnings equate to higher stock prices and poor earnings to lower prices. Let’s see how that’s working out! This morning, Intel announced weak quarterly earnings and the stock opened down 9%. OK, so that one makes sense. BUT,…
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How Can I Become A Successful Trader?
In April 1984, before many of us were born, Bob Prechter won the US Trading Championship, Options Division, returning 444% in a 3-month period. How did he do it? In this free report, “What A Trader Really Needs to Be Successful,” Bob lists his top 5 tools and traits to trading successfully. Coming in at…
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How Do You Assess a Recession?
What’s the best leading indicator for the economy? That’s easy: The stock market. Even so, other variables can also serve as leading economic indicators. And, as you can see in the chart below, there are times when a measure such as the Conference Board U.S. Leading Economic Index can be valuable indeed… like right now. Similar readings to today…
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Low Risk/High Reward? Where Do I Sign Up?
Elliott Wave Principle defines a triangle as a sideways movement usually associated with decreasing volatility. Sounds kinda boring. But in fact, it’s just the opposite — this Elliott wave pattern is a favorite among traders. Why? Because triangles are often followed by a swift, sharp move and their structure makes them ideal candidates for low risk/ high reward…
Got any book recommendations?