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.
DJIA’s 200-Day Moving Average: Will the Dow stay above or below this demarcation line? Read More »
Fear and uncertainty that drive a severe bear market are the same emotions which can set the stage for authoritarianism, in most any nation.
Big Bear Markets: More Than Falling Stock Prices Read More »
Approximately three out of four stocks go down in a bear market. This ratio doesn’t just apply to high beta names; historically, 75 percent of all stocks go down when the general market falls.
‘Defensive’ Stocks: Are They the Ticket in a Downturn? Read More »
The famous “10% correction” that market pundits talk about sounds so nice and tidy, so predictable and tolerable. It’s as if this “cute little correction” came neatly wrapped, looked like an M&M candy character, and smiled at you and your family after you open the box. If only it were so.
Bigger Than 10% Correction Ahead Read More »
It is rare to have technical indicators all lined up on one side of the ledger. They were lined up this way—on the bullish side—in late February-early March of 2009. Today they are just as aligned but on the bearish side.
8 Technical Indicators Point Down from Here Read More »
The world’s money has lost almost 75% of its value against gold in the last 10 years… We’ve SAID IT BEFORE, but we’ll say it again. The bull market in gold starting 10 years ago is about much more than the Dollar – a fact that investors and savers worldwide might want to consider in 2010 if the US currency continues to rally.
Global Gold Index Read More »
“Cash on the sidelines is bullish for stocks.” Have you ever heard some stock market pundit utter these words? Have you ever wondered if the statement were true? Read this item from the latest issue of The Elliott Wave Financial Forecast, and you’ll wonder no more.
Cash on the Sidelines Myth Read More »
The following article is an excerpt from Elliott Wave International’s Trader’s Classroom Collection.
Every trader, every analyst and every technician has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show high probability price targets and, just as importantly, how to distinguish high probability trade setups from the ones that traders should ignore.
How Elliott Wave Principle Can Improve Your Trading Read More »
With Gold over $1000 and at all time nominal high prices many are wondering if Gold is overpriced. If we look at the inflation adjusted price of Gold we see that even at $1000 it is still only about half-way to its all time highs. For more information see Inflation Adjusted Gold Price . But
At $1000 is Gold Expensive? Read More »
The U.S. consumes nearly three times the amount of oil that it produces domestically on a daily basis. How can this statistic get any worse, you might ask?
Will Obama Destroy U.S. Energy Independence? Read More »
