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    If the Economy's "Recovering," Why is the Largest-Ever U.S. City Bankruptcy on the Horizon? 

    Published on 03-09-2012 03:41 PM
    Categories:
    1. Elliott Wave
    2. Articles
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    What's really going on?
    By Elliott Wave International

    As pundits chatter about an economic recovery, 80 miles east of San Francisco you'll find a city (pop. 292,000) facing bankruptcy:

    Stockton is on the verge of becoming the largest city in the United States to declare bankruptcy...

    San Francisco Chronicle (3/4)


    Bloomberg     reports (2/25) that it costs the city $175,000 just to get a consulting firm's fiscal evaluation. Management Partners issued a report which said:
     ...
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    Want to Know Who's Going to Be President? Ask the Stock Market 

    Published on 02-16-2012 09:32 PM
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    A recently-published, landmark research paper shows the link between stock market performance and presidential election winners. By Elliott Wave International

    What's the biggest influence on the outcome of presidential elections?

    Many observers would identify the role of campaign spending by super PACs, a candidate's debate performance, and, of course, the health of the economy ("stupid").

    Yet if you want an answer backed by a large body of evidence, you'll     ...
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    How DEEP Will Cuts in Government Services Go? 

    Published on 01-09-2012 05:40 PM
    Categories:
    1. Elliott Wave
    2. Articles
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    Plus: The check is STILL in the mail.
    By Elliott Wave International

    "Localities have chopped 535,000 positions since September 2008..."
    USA Today (10/18)

    Cuts in government services became conspicuous after the 2007-2009 financial crisis. The first edition of Robert Prechter's Conquer the Crash saw this coming, even though the book published nearly a decade ago:

    "Don't expect government services to remain at their current levels...The tax receipts that
    ...
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    Elliott Wave: How Safe Are Americas Biggest Banks? 

    Published on 12-06-2011 08:37 PM
    Categories:
    1. Elliott Wave
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    The Coming Worldwide Bank run

    By Elliott Wave International

    Lost in the clamor over the central banks' "let there be liquidity" pronouncement, Standard & Poor's just downgraded fifteen major U.S. and European banks.

    The downgrade doesn't mean Bank of America, Goldman Sachs, Citigroup, Barclays, UBS, Wells Fargo and others will close shop tomorrow. But the long-term credit downgrade does raise questions about their stability.


    After all, the ...
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    Stock Market Flashes A Buy Signal Part II 

    Published on 07-04-2011 06:55 AM
    Categories:
    1. Technical Analysis
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    A couple weeks back on June 19th I posted my analysis on how the stock market was bottoming and that we needed a couple key sectors to participate before we would get a solid bounce. You can quickly review the charts here if you like: Stock Market Flashes A Buy Signal Part I

    Today’s report plays directly off the June 19th analysis showing you the price movement from then on.



    SP500 – SPY ETF Daily Chart
    As you can see during early June the market became     ...
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    Possible Bottom as Key Sectors Breaking Out 

    Published on 06-30-2011 05:57 AM
    Categories:
    1. Technical Analysis
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    The past month we have seen stocks pick up momentum to the down side after an already very weak month prior (May – Sell in May and go away). This second wave of high volume selling in June was enough to spook the masses out of the market shifting the sentiment from bullish to bearish. But just recently we are starting to see big money accumulate stocks down at these oversold prices, which has me thinking we just may be headed higher sooner than later.

    During market reversals we typically ...
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    Can the Fed and Economists Forecast the Future? See This Startling Chart 

    Published on 06-27-2011 05:45 PM
    Categories:
    1. Elliott Wave
    2. Trader Education
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    Elliott Wave Financial Forecast Editors Kendall and Hochberg on economists, the Fed and forecasting

    June 27, 2011    By Elliott Wave International

    Business Talk Radio host Gabriel Wisdom recently spoke with Pete Kendall, Co-Editor of EWI's Elliott Wave Financial Forecast. Their discussion included a crucial but rarely asked question about economists and the Federal Reserve. Here's the relevant excerpt:

    Gabriel Wisdom:     "Ben Bernanke, the chairman of the Federal Reserve,
    ...
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