Social Mood, Politics and the Stock Market

Here is an interesting perspective on predicting the outcome of presidential elections. According to socionomic theory, bear markets come with a downturn in crowd psychology. When the crowd turns from optimism to pessimism, it is first seen in stocks, and then the rest of the economy, politics, culture. A president who is in the office during… Read more Social Mood, Politics and the Stock Market

Prechter Explains ‘Triple Top’ Forming in U.S. Stock Market

(Video) Bob Prechter Explains ‘Triple Top’ Forming in U.S. Stock Market This excerpt from the special video issue of the August Elliott Wave Theorist brings you Bob Prechter’s analysis of the triple top that has been forming in the U.S. stock market over the past 12 years. Watch as Bob himself explains what this pattern… Read more Prechter Explains ‘Triple Top’ Forming in U.S. Stock Market