How often have you heard analysts refer to a down day on Wall Street as “traders taking profits”? Sounds great, but the sobering fact is that most traders — in futures, commodities, or forex — lose money. Any book on trading will list for you the many reasons why most traders lose. Yet some traders do win; […]
“Market Manipulation” Is Not Why Most Traders Lose Read More »
One of the best ways to get a true view of where the market really is involves looking at it denominated in something else other than dollars. One of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as Robert Prechter calls it.
DJIA Priced in Gold: What It Means for the Long-Term Trend Read More »
Rumors are, the U.S. government “is propping up the stock market.” By far, the most frequent question we’ve been asked recently is: “What is your take on the persistent internet chatter that the Federal Reserve is holding up the stock market via QE2, POMO, etc.? How can stocks ever decline again if the Fed
The Fed and “Plunge Protection Team”: Are They Manipulating Stocks? Read More »
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. Â This is particularly true in the financial world, where short attention spans are chronic. A Sept. 9 article in The
Just Your Average 300-Year Bear Market? Read More »
If you are a trader and if you don’t know how to read candlestick charts, you are missing a lot of profitable trades. Candlestick charting is a must tool in the arsenal of any trader. No matter what you trade whether it is stocks, forex, futures, options or whatever, you need to master candlestick charts
Candlestick Patterns Read More »
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
3 Reasons Now is Not the Time to Speculate in Stocks Read More »
Early September is very important for the financial markets; especially for the bulls. Numerous elements are in place for a rally to take hold now. The markets have been weak and the bears have been in control. If the bulls cannot make a stand soon, it will be a bad sign for risk assets. The
Markets Appear Ripe for a Sustainable Bullish Turn Read More »
The early market action on Monday, August 16th, triggered a key weekly “Trade Triangle” to the downside. Our weekly “Trade Triangle” turned red, indicating that all trends are negative and now pointing lower. In this new 90 second video I show you some of the scenarios we can see playing out for the S&P 500.
The bear is back!! Read More »
“It’s déjà vu all over again.” Is one of Yogi Berra’s famous original quotes and the same can be said for the DOW right now. The weekly chart on the DOW is flashing the same Japanese candlestick signal that it had earlier in April of this year. Back then the DOW dropped from 11,200 to
How A Japanese Chart Formation Could DOOM the DOW Read More »
I just finished a short video in which I discovered an eerily similar pattern in the NASDAQ. If the pattern repeats then it certainly is going to be a rough third and fourth-quarter for most investors. In this short three minute video I give you exact points and the formation that I’ve seen that could
Is the NASDAQ repeating itself? Read More »
