corrections

Crashing Markets, Credit Downgrades- What Comes Next?

Tragic news about the United States economic atmosphere has been inescapable throughout the country and world for quite some time now. With constant debate over raising the debt ceiling, shocking losses in the stock market, devastating unemployment rates, and a downgraded national credit rating, it’s no wonder the country’s economic health has been in question.

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Six Straight Weeks of Decline Take DJIA Below 12,000: What Now?

Before blaming falling stocks on the most recent weak economic reports, let’s check some dates. As of June 10, the Dow has suffered the “longest losing streak since the fall of 2002. The market’s last seven-week stretch of losses began in May 2001, as the dot-com bubble deflated,” reports The Associated Press. As for why

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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

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What is the “Elliott Wave Principle”?

In the 1930s, Ralph Nelson Elliott, a corporate accountant by profession, studied price movements in the financial markets and observed that certain patterns repeat themselves. He offered proof of his discovery by making astonishingly accurate stock market forecasts. What appears random and unrelated, Elliott said, will actually trace out a recognizable pattern once you learn

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