Slicing the Neckline: A Classic Technical Pattern

A Classic Technical Pattern Agrees with the Elliott Wave Count: Slicing the Neckline In the August issue of his Elliott Wave Theorist, market forecaster Robert Prechter alerted readers that the U.S. stock market was slicing the neckline of a classic head-and-shoulders pattern in technical analysis, and that this may send the market into critical condition.… Read more Slicing the Neckline: A Classic Technical Pattern

Long Bear Market Looming

Prechter on CNBC: Market Pro: Long Bear Market Looming Robert Prechter, president of Elliott Wave International, tells host Maria Bartiromo why he sees dark days ahead on CNBC’s Closing Bell. Download Your FREE 50-Page Ultimate Technical Analysis Handbook In this free 50-page eBook from Bob Prechter’s Elliott Wave International, you will discover some of the… Read more Long Bear Market Looming

Big Bear Markets: More Than Falling Stock Prices

By Elliott Wave International Fear and uncertainty that drive a severe bear market are the same emotions which can set the stage for authoritarianism, in most any nation.  “Bear markets of sufficient size appear to bring about a desire to slaughter groups of successful people. In 1793-1794, radical Frenchmen guillotined countless members of high society.… Read more Big Bear Markets: More Than Falling Stock Prices

‘Defensive’ Stocks: Are They the Ticket in a Downturn?

By Elliott Wave International 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. Considering we could be headed into a severe bear market (read Bob Prechter’s latest special two-issue Elliott… Read more ‘Defensive’ Stocks: Are They the Ticket in a Downturn?

The Federal Reserve Does NOT Control the Market

By Elliott Wave International As the world’s leading stock markets continue to play stomach-hockey with investors via one triple-digit turn after another, the mainstream community takes solace in this core belief: No matter how uncertain things become, the Federal Reserve can at any moment swoop in to set the economy right. In reality — the… Read more The Federal Reserve Does NOT Control the Market