How a Rational and Sensible Human Being Becomes a Blockhead
If you have decided to delve into Elliott wave analysis and the Wave Principle, a great place to start is to learn why financial markets are patterned. This article explains why.
The 'D' Word: Let's Talk About Deflation
The "D" word is in the air. Now that people are beginning to talk more openly about deflation, let's find out why it's a concern.
"Panic Phase: 2007-20??"
Have we started a "second leg down," which will be worse than the 2007-2009 crash? Could it be like (or worse than) the market of the early 1930s? The answer depends on investor psychology -- specifically, how long investors were in an "exuberant" phase before the trend changed from "bull" to "bear"...
Cotton: The Touch, The Feel Of Elliott Wave Analysis In Action
Question: What's the difference between Elliott wave analysis and other methods of technical analysis of the financial markets? Answer: While most other methods are only good at identifying the direction of the current trend -- which is nothing to sneeze at! -- Elliott wave analysis ALSO helps you determine where that trend may end, when a tradable turning point could arrive, what the critical support and resistance levels are, and at what point will prices confirm or negate the analyst's forecast, i.e. letting him/her know whether she's on the right track or whether it's time to reevaluate.
Stock Market Insight: "Will The Selloff Mark Something Larger?"
EWI's Chief Market Analyst Steve Hochberg says the market has been in an "upward correction" since the July 1-2 lows. He's mainly looking at two very near-term alternatives. The price targets Steve mentions could have you sit up in your chair at full attention...
Social Mood – The Invisible Hand Behind Economics 101
Once you accept that social mood is the invisible hand behind economics 101, the cause-effect dynamic playing out before you becomes that much clearer.
Deflation: The Black Swan Has Been Spotted
Up until recently, the mainstream experts put the likelihood of deflation transpiring in the United States at whatever the current odds are of Mel Gibson finding a date; i.e. nill to none. Their catchphrase for the rare and unexpected nature of a deflationary event was "Black Swan." And as the following news items from 2008-2010 show, very few imagined this "bird" migrating onto the economic shore...
The "Early Bird" Conquers the Crash
When you act before a big storm arrives, you'll be prepared -- no last-minute scurrying as it hits. This applies equally to a financial "storm"...
"$100,000 A Year for Part-Time Work"
People tend to get agitated when they learn that some part-time city employees are earning $100,000 a year. Yes, it's another "can you believe this?" financial story of a California town...
