If “fundamentals” drive trend changes in financial markets, then shouldn’t the same factors have consistent effects on prices? For example: Positive economic data should ignite a rally, while negative news should initiate decline. In the real world, though, this is hardly the case. Just read these four oil price headlines from July 22 and 23. (And get FREE access to EWI’s latest energy market forecasts!)
Technicals vs. Fundamentals: Which are Best When Trading Crude Oil and Natural Gas?
Quadrillion Dollar Debt: ‘Day of Reckoning’ Looms
A thousand trillion in debt can’t be wished away or swept under the rug. No one can “forgive” the debt. The consequences of unwinding this debt could be as massive as the dollar figure itself…
Understanding Robert Prechter’s ‘Slope of Hope’
What’s the opposite of climbing the “wall of worry”? Now is a good time to learn why it’s called the slope of hope.
The Bear Market and Depression: How Close to the Bottom?
“People are more bearish than I have ever seen them. This has to be a bottom.” The first half of this statement may well be true for many market observers. If one has been in the market for less than 14 years, one has never seen people this bearish. But 14 years is a short time. What about the past 100 years of stock market history?
20 Questions with Robert Prechter: Long Decline Ahead
The following article is an excerpt from Elliott Wave International’s free report, 20 Questions With Deflationist Robert Prechter. It has been adapted from Prechter’s June 19 appearance on Jim Puplava’s Financial Sense Newshour. Jim Puplava: I want to come back to government spending, but first I want to move onto the stock market. In your […]
20 Questions with Robert Prechter: Signs Point to Deflation
The following article is an excerpt from Elliott Wave International’s free report, 20 Questions With Deflationist Robert Prechter. It has been adapted from Prechter’s June 19 appearance on Jim Puplava’s Financial Sense Newshour. To read the entire conversation, access the 20-page report here. Jim Puplava: Bob, I want to pick up from last September. Since […]
Learn Basics of Elliott Wave Analysis — FREE
Ralph Nelson Elliott discovered the Wave Principle in the 1930s. Over the decades, his discovery was kept alive by a handful of individuals. A few of those, such as Bolton, Prechter and Frost, educated investors on how to use pattern analysis in financial markets. To help out Elliott Wave International’s readers in learning the basics of the method, we put together a free 10-lesson online tutorial. Here’s an excerpt.
DJIA’s 200-Day Moving Average: Will the Dow stay above or below this demarcation line?
Moving averages are one of the most widely followed indicator in technical analysis. Simply put, when the price of an index or stock stays above a particular price moving average line on a chart, that price level serves as support — a level where buyers reside. If the price falls below a moving average line […]
Big Bear Markets: More Than Falling Stock Prices
Fear and uncertainty that drive a severe bear market are the same emotions which can set the stage for authoritarianism, in most any nation. Why do authoritarian tendencies emerge only during bear markets in stocks? Bob Prechter’s new science of socionomics gives you answers.