When inflation is high and commodity prices are rising on what seems like an almost daily basis, have you ever wondered how that might affect the price of stocks? Recently I received the following question: "In the years leading up to the great depression and the great recession, the DJIA nearly quadrupled. My question is... what the cost of living did in these time periods and if there is a correlation between the stock market and the cost of living? John Kelsch" ************ John, Great question! You would think that if all commodities are going up stocks would probably go up as well, since companies produce commodities. But that isn't always the case. Often high … [Read more...]
It’s All the Same Market in a Deflationary Environment
On September 22, the Dow and S&P opened down over 2.5%. Oil was down, copper was down, and even GOLD was down sharply. Watch this video excerpt from Robert Prechter's special video issue of the August Elliott Wave Theorist where he explains what is causing diverse markets such as these to move together in today's environment. Free Report: Stocks -- Buying Opportunity or Another "Free Fall" Ahead?Find out what these market moves mean to your investments with current analysis from Elliott Wave International. Bob Prechter has just released a FREE report -- with urgent analysis from his August and September 2011 Elliott Wave Theorist market letters, including another video … [Read more...]
Get Your Free Report: How to Use Bar Patterns to Spot Trade Setups
Greetings reader, Our friends at Elliott Wave International, the world’s largest market forecasting firm, have just updated their free report, How to Use Bar Patterns to Spot Trade Setups. With thousands of downloads, “Bar Patterns” has always been a huge hit with traders. But now it’s been packed with even more ways you can use common bar patterns to spot high-probability trading opportunities: 30 charts across 15 pages! Don’t miss out on this opportunity to learn simple new ways to spot valuable trade setups in the charts you view every day. Download Your Free Bar Patterns Report. … [Read more...]
Free Candle Stick Guides
If you are a trader and not using candlestick charts, you are missing a lot of profitable trades. So here are a couple of Free Resources to get you started. Free Candlestick Reversal Pattern Guide Basic Candlestick Momentum analysis Report … [Read more...]
Popular Free Resources
Video Crash course- Why Use the Wave Principle, What is the Wave Principle and How to Trade the Wave Principle Learn the Basics of the Wave Principle in 10 Valuable Lessons Learn to Invest Independently – Get Your 118-Page Independent Investor eBook Download The Ultimate Technical Analysis Handbook to Discover EWI Analysts’ Favorite Technical Indicators Is Your Bank Safe? Discover the Top 100 Safest U.S. Banks Now Survive and Prosper – Download the 60-Page Guide to Understanding Deflation Now Free e-Mail Trading Course … [Read more...]
The Bear Market and Depression: How Close to the Bottom?
By Elliott Wave International While many people spend time yearning for the financial markets to turn back up, a rare few have looked back in time to compare historical markets with the current situation -- and then delivered a clear-eyed view of the future informed by knowledge of the past. One who has is Robert Prechter. When he thinks about markets and wave patterns, he goes back to the 1700s, the 1800s, and -- most tellingly for our time now -- the early 1900s when the Great Depression weighed down the United States in the late 1920s and early 1930s. With this large wash of history in mind, he is able to explain why he thinks we have a long way to go to get to the bottom of this bear … [Read more...]