Greece’s biggest newspapers called on readers to vote “Yes” in Sunday’s referendum that could determine whether the country stays in the euro. European leaders say a ‘No’ vote will jeopardize the euro. Prime Minister Alexis Tsipras says they are bluffing, what do investors need to know?
The U.S. Dollar’s 2014-2015 Rally
July 4, 2015 by Leave a Comment
Let’s look at the 2014-15 Dollar rally and how the Elliott Wave Principle applies to Currencies and Foreign Exchange (Forex). I always say trading forex markets is like riding a bike — except that said bike has one flat tire and the ground beneath it is covered in ice.
So why is Forex so popular, you might ask? In fact, forex is the most liquid market on earth, where trillions of dollars change millions of hands every day.
The reason people are so willing to ride that bike — so to speak — is because if you can stay on, the rewards are often unmatched. The trick, of course, is staying on.
What Stock Market Bulls Might Be Overlooking- Video
March 4, 2015 by Leave a Comment
A growing economy is not necessarily bullish — see for yourself. If a strong economy means a strong stock market, then stocks should have continued higher in 2007 when GDP expanded at 2.7%, unemployment was 4.6% and Consumer confidence was very strong, . They didn’t, instead the Dow fell more than 50% over the next year and a half:
Economic Cycles of Energy and Technology
February 13, 2015 by 2 Comments
Everything moves in cycles whether it is the price of a barrel of oil, the overall stock market, real estate or technology. So where is it heading from here? Are we in for a boom or a bust? That is always the key question. Is it time to be skeptical of the markets, bullish on gold, or does the stock market hold the key? In today’s article Jared Dillan editor of Bull’s Eye Investor, takes a look at where we’ve been and where we are going.
Market Trends Diverging
January 8, 2015 by 1 Comment
Today we are going to take a look at two common stock market charts that individually tell opposite stories but when combined give us an interesting insight into the overall market. The first chart is the S&P 500. As I’m sure you are aware the S&P 500 represents Standard and Poor’s top 500 companies.
4th Try at Breaking Above Resistance- Video
December 29, 2014 by 1 Comment
The market has seen a definite resistance line since it first tested 2000 back in July. It’s second attempt to break through came in September and the third attempt came in late November and early December and now it is trying to break out to the upside once more. Note that the second attempt was two months after the first and third was a little over two months but this test is only one month after the previous one with a very sharp rebound. In today’s post Chris Ciovacco will look at the possibilities.
Warning: Fast Moving Market
December 13, 2014 by Leave a Comment
As volatility decreases people get complacent and get in a rut things become “normal” and so they are less alert to the bear around the next corner waiting to maul them. In today’s article Jared Dillian, editor of Bull’s Eye Investor, looks at the effects this complacency can have on your investments.
Is This Lagging Sector Ready To Lead?
November 14, 2014 by Leave a Comment
Investing is about probabilities. The improving fundamental and technicals in the housing sector tell us the odds of success in that sector are also improving. It should be noted that even if the weekly trends continue and homebuilders lead, that does not remove normal retracements and pullbacks from the equation. The odds of good things happening in homebuilders are better today than they were in early October.
The Plunge Protection Team Strikes Again
October 28, 2014 by Leave a Comment
We have been expecting a major correction for quite some time now. In preparation for a market correction the index starts growing more slowly and then finally starts falling. Our NYSE Rate of Change (ROC) chart showed a slowing growth level and then generated a sell signal back in the first quarter of 2014. But […]
Could The S&P 500 Fall To 1,625?
October 16, 2014 by Leave a Comment
A Trip Down Correction Memory Lane Since the correction-less market theory has been dropping transmission parts over the last three weeks, it is prudent to revisit some topics we have touched on in the past. We will focus on two questions: How far can stocks drop? How long can corrections last? History Says Corrections Can […]
