Earnings: Stock Market’s Brightest False Beacon
“Earnings estimators are too pessimistic at bottoms and too optimistic at tops,” explains EWI’s president Robert Prechter
Four times a year, investors and Wall Street watch the quarterly corporate earnings reports, trying to anticipate the trend in stocks. Another earnings season is upon us right now, so read this excerpt from our free Club EWI report, “Market Myths Exposed.” Continue reading
Investing in Extreme Markets Video
Wild swings are occurring with unprecidented regularity in various markets across the spectrum. One minute you have 98% bullish sentiment in one market and the next minute it is 92% bullish in an entirely different market, (often in the extreme opposite market), So what does this mean for the overall investing community?
In the video below, Robert Prechter talks to Yahoo! Finance Tech Ticker host Aaron Task and Henry Blodget about how “People have fallen in love with Buying” and since the FED funds rate is almost non-existant people are chasing yields and going all over the place looking for somewhere to put their money.
Get Up to Speed on Robert Prechter’s Latest Perspective — Download this Special FREE Report Now.
(Note: This interview was originally recorded on September 20, 2010)
Ominous Pattern in the DJIA
Video (Part 2): Prechter: Ominous Pattern in the DJIA
(Note: This interview was originally recorded on September 20, 2010)
In the video below, Robert Prechter talks to Yahoo! Finance Tech Ticker host Aaron Task and Henry Blodget about a technical pattern he sees forming in the Dow. Continue reading
Bubbles, Bubbles Everywhere- Video
Video (Part 1): Prechter On Market Rally
(Note: This interview was originally recorded on September 20, 2010)
In the video below, Robert Prechter talks to Yahoo! Finance Tech Ticker host Aaron Task and Henry Blodget about extreme readings in various indicators that confirm his bear-market forecast.
New Deflation eBook Available Now
New Deflation eBook Available Now: Our friends at Elliott Wave International have just released a complimentary 90-page ebook on deflation from Robert Prechter. As deflation fears are back in the news and most likely also on your mind, it’s more important than ever to — at very least — give the deflationary scenario a serious look. After all, deflation could pose a serious risk to your wealth if it occurs, and no one has explained the potential threats — and how you can survive them — better than Prechter. Even if government stimulus and out-of-control spending have you more convinced than ever that inflation is dead ahead, we recommend that you take a look at Prechter’s reasonable argument to the contrary — just in case the markets surprise everyone as they so often do. Download Your Free 90-Page Deflation eBook from Robert Prechter Now.
Head and Shoulders Stock Market Pattern: Still Valid?
A Multi-Year Technical Analysis Pattern “Bears” Watching
By Robert Jay
description of its three main components:Just Your Average 300-Year Bear Market?
Long-Term Trend Forecasting is Actually Easier than Short-Term
By Robert Jay
Most people who analyze the present give too little thought to the past, even when previous decades or centuries offer acutely relevant information. This is particularly true in the financial world, where short attention spans are chronic. A Sept. 9 article in The Economist magazine put it this way:
“The financial world seems to be obsessed with the short term. Fund managers are usually judged on their performance over a three-month period. The television news highlights daily moves in stock markets. Lots of hedge funds think in terms of milliseconds.”
But would you be surprised to learn that long-term stock market trends are generally easier to forecast than short-term ones? EWI’s Robert Prechter says just that, and explains why…
Read the rest of this Entry
3 Reasons Now is Not the Time to Speculate in Stocks
After the investment winter of 2008, in 2009 as stocks began showing some “green shoots” and looked a bit like spring, 2010 has looked a bit like Summer or Autumn with prices flattening out and going nowhere. Does that mean that investment Winter is just around the corner again? Here is Robert Prechter’s take on the situation. ~editor
Sometimes the investment weather forces you to ‘buy a coat,’ says Robert Prechter
By Elliott Wave International
When it’s sunny, you head outside without a thought, but when it’s rainy, you look for your umbrella.
When the markets are trending up, you don’t worry about your investments much, but when the markets turn bearish … what do you do? Continue reading
The Elliott Wave Principle Book
Key to Market Behavior
A Great Classic for Three Decades
Take a moment to look over your books about investing. Have any of them given you a successful method for making profits and reducing risks? Is there even one such book that has proven reliable over the years?
Alas, most investors would say “no.” That’s because so few investment books are “classic” in the true sense: For years investors keep buying the book, and they keep using the method to make the most of their opportunities.
Over Three decades ago — 1978 — is one of the last times an investment book was written that is worthy of being called “classic.”
One of the two men who authored that book was a 26 year-old market analyst working at Merrill Lynch’s headquarters on Wall Street. The young man had earned a lot of attention in a short time by using a forecasting tool that almost no one had heard of.
Yet his market forecasts were startlingly accurate: Robert Prechter was the young man’s name, and he used a method called the “Elliott Wave Principle.”
A. J. Frost was one of the few other financial professionals who used the Wave Principle. In a distinguished 20-year career, Frost had likewise made many astonishingly accurate forecasts. His colleagues regarded him as the consummate technical analyst.
Frost and Prechter met in May of 1977 and became fast friends. Eighteen months later, they published Elliott Wave Principle – Key to Market Behavior. The Dow Industrials stood at 790. But the brash forecast in this new book called for a Great Bull Market. It became a run-away best seller.
Three decades is enough time for investors to deem a book about an investment method as “classic,” and surely the jury is “IN” on this one:Their book Elliott Wave Principle is now published in seven languages, and continues to sell thousands of copies every year. In Europe, Asia and the Americas, literally millions of investors worldwide use or recognize the Elliott Wave method for profitable investing.
Now You can get your own copy.
Robert Prechter and A.J. Frost’s groundbreaking investment classic hailed by reviewers as “the definitive textbook on the Wave Principle” is the most useful and comprehensive guide to understanding and applying the Elliott Wave Principle.
The Publishers Price is $29. We have a few copies in brand new condition available that we will let you have at the discounted Price of $19.95 + $3.99 Shipping (U.S. Only) Supplies are extremely limited we only have a few copies left at this price.
Elliott Wave Forex Trading Video: It’s Not The News That Matters
By Jim Martens
How to apply the Elliott Wave to Forex Trading
The standard explanation mainstream financial analysts and some forex trading “experts” use when talking about a market move is, “The market did that because of such-and-such news report.” But if you’ve been forex trading long enough, you know that all too often, the market’s reaction to the news is the opposite of what it’s “supposed” to be. In this video Elliott Wave International’s Senior Forex Trading Strategist, Jim Martens, explains that it’s not the news that matters when you’re trading forex — it’s the market’s reaction to the news that does — in this 10-minute forex trading video using the U.S. Dollar Index, Euro / Dollar and Dollar / Pound (cable) charts as examples Jim explains how he correlates Elliott Wave patterns to breaking news so he is prepared to capture the move in the right direction.
