Deflation vs the FED

Weeks before the February top in the DJIA, the January Elliott Wave Theorist (Elliott Wave International President Robert Prechter’s monthly publication about financial markets and social trends since 1979) said: Most economists believe the Fed can prevent financial crises and depressions. [EWI’s analysts] disagree. Socionomic theory proposes that naturally fluctuating waves of social mood regulate… Read more Deflation vs the FED

Buying the dip?

Stocks: Why “Buying the Dip” is Fraught with Danger Investors know that the main U.S. stock indexes have tumbled very quickly. On a historical basis, some may not realize just how quickly. A March 23 Marketwatch headline referred to a “mind-bending stat”: The S&P 500 has dropped 30% from peak to trough faster than any… Read more Buying the dip?

Why did the Fed cut the rates

Think the Fed’s Emergency Rate Cut is Proactive? Think Again. You might think that the Fed’s recent, unscheduled 50 basis-point cut in the federal funds rate is a proactive move that places the central bank at the vanguard of revolutionary uses of monetary policy. But that could hardly be further from the truth. For decades… Read more Why did the Fed cut the rates

How to Identify the Market Trend

Fundamental analysis versus Elliott wave analysis: the winner for predicting the 9-year long commodity bear market is clear. 95% of traders fail. It’s a day-drinking, country-music kind of statistic. Think: “Friends in Sell-Low, Buy-High Places.” One article attempts to quantify the reasons, citing: “SCIENTIST DISCOVERED WHY MOST TRADERS LOSE MONEY — 24 SURPRISING STATISTICS.” See… Read more How to Identify the Market Trend