You know what a mystery the Dow’s 1,000-point drop on May 6 has been. Wall Street is looking for a smoking gun — a trader’s mistake, a computer glitch — but nothing definite has been found yet. If you’re familiar with Elliott wave analysis, last week’s shocking decline gets less mysterious.
Blaming “Market Manipulators” For Losses is a Huge Obstacle to Success
April 14, 2010 by Leave a Comment
After winning the U.S. Trading Championship, Robert Prechter published a Special Report titled, “What A Trader Really Needs To Be Successfulv and gave important 5 tips to would-be market speculators. You can read them now, free (details inside) — but here’s Bob’s fourth point…
How Might Gold, Silver and T-bonds Behave in a Bear Market?
April 8, 2010 by Leave a Comment
Can you imagine a scenario under which precious metal and Treasury bond prices would fall together? Most people would think such an event would be impossible. Yet look at this chart and realize that gold and T-bonds have been going up together for an entire decade…
What Can Movies Tell You About the Stock Market?
March 15, 2010 by Leave a Comment
Whether horror films win Academy Awards or not, they tell an interesting story about mass psychology. Research at Elliott Wave International shows that horror films proliferate during bear markets, whereas upbeat, sweet-natured Disney movies show up during bull markets.
Paper Trading Is NOT What Will Teach You To Trade
March 11, 2010 by Leave a Comment
“Some people advocate ‘paper trading’ as a learning tool. Paper trading is useful for the testing of methodology, but it is of no value in learning about trading. In fact, it can be detrimental, by imbuing the novice with a false sense of security in ‘knowing’ that he has successfully paper traded the past six months, thus believing that the next six months with real money will be no different. Nothing could be further from the truth. Why?” Elliott Wave International’s president Robert Prechter explains more in this important FREE report.
Europe’s Return to Risky Investment
February 19, 2010 by Leave a Comment
Over 100 banks are opening soon, buying junk bonds is gaining popularity and emerging markets are the trendy investment. Sound familiar? Europe appears to be returning to some bad investment habits.
How Elliott Wave Principle Can Improve Your Trading
February 19, 2010 by Leave a Comment
Every trader and analyst has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show you high probability price targets and, just as importantly, how to distinguish high probability trade setups from the ones that traders should ignore.
U.S. Stocks: Will The Bears Relinquish Control?
February 10, 2010 by Leave a Comment
In case you were hiding out Tiger Woods’ style far away from the mainstream media over last month, let me be the first to say: January saw an abrupt end to the US stock market’s record-setting winning streak. Last count, the Dow Jones Industrial Average plummeted 4% in its worst monthly loss in a full year
Why You Should Care About DJIA Priced in Gold
January 11, 2010 by Leave a Comment
Of the many forward looking market indicators we at EWI employ, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as EWI’s president Robert Prechter calls it…
