Long-term trends grow from short term trends. We attampt to determine the short term trends and where they are pointing.
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 »
“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 »
Following a recent group email exchange with Louis James, the truly tireless editor of Casey’s International Speculator currently kicking rocks in Colombia, one of the non-Casey Research participants in the exchange commented, “You guys are doing it right. How many research shops have emails that start out with ‘Greetings from Medellin’?”
Colombia Is Open for Business Read More »
From the end of 1999 through the end of 2009, all of the popular Wall Street market performance measurement tools were in the red. The average bloodletting level of the DJIA, the S & P 500, and the NASDAQ was a disturbing-to-some minus nineteen percent. The Media has dubbed it “The Dismal Decade”.
A Dismal Decade? No Way With Market Cycle Investing Read More »
Back in April of 2006 I wrote an article entitled Inflation similarities between the 2000s and the 1970s and detailed the many similarities between the two decades. Now two and a half years later, Rick Pendergraft is seeing the same correlation between the current stock market and that of 1974. If he is right you don’t
Stock Market Similarities between 1974 and 2009 Read More »
