Archive for the ‘Educational Material’ Category:
The Ultimate Money Guide for Bubbles, Busts, Recession and Depression
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Just released:
New blockbuster book
by Martin D. Weiss!
Dr. Weiss has just released his new book — The Ultimate Money Guide for Bubbles, Busts, Recession and Depression — and already it has soared to the top of the charts on Amazon.
In this fully updated and expanded edition of his latest New York Times bestseller, Dr. Weiss shows you …
- Why even the shocking trillions in bailouts and guarantees Washington has handed out have not been enough to prevent a new debt crisis (page 31) …
- Why Wall Street cheerleaders, top economists and our leaders have been so wrong at every stage of this crisis — and why listening to them now could cost you up to half your wealth in 2011-2012 (page 38) …
- What REALLY can happen if your bank fails — what the FDIC insurance covers and what it does NOT cover … why many depositors could be very disappointed (Chapter 6) …
- How to find safe insurance companies, the best life insurance policies and the best annuities. What insurance agents never tell you … policies nobody needs but almost everybody buys … plus much more (Chapters 7, 8 and 9) …
- The ultimate alternative ETFs for reaping wealth in the worst of times. Follow these steps to help protect your portfolio and reap far larger potential gains (Chapter 11) …
- 3 shocking reasons why Wall Street ratings on stocks and bonds are dangerous. Hidden conflicts of interest, bias, payola, cover-ups and scams that could lure you into deadly investments (page 41) …
- Your home loses another 20% of its value — but THIS investment wipes out your loss or even hands you a profit. The five-step hedging strategy every homeowner should be using now (page 173) …
- 5 easy ways to spot the REAL bottom in stocks and bonds — and use it to help pile up massive wealth in a recovery (page 193) …
- How to maximize your bond market and Treasury yields with safety: Six simple steps (page 209) …
- Dividends: Your next great income opportunity. Four simple steps to find stocks with steadily rising dividends (page 217) …
- The best time to buy gold — 700% profits possible! Get your timing wrong, and you’re likely to lose a bundle. Get it right and Katie, bar the door! How to invest in gold, gold ETFs and mining shares during a depression (page 229).
The table of contents — plus sample pages — are available here at Amazon.
Hard copies are available online and in bookstores.
Plus, you can download the book instantly for the Kindle and for the Nook.
It’s FreeWeek at EWI: Get charts, analysis and forecasts of Asian-Pacific and European markets
Greetings,
Our friends at Elliott Wave International have just announced the beginning of their wildly popular FreeWeek event, where they throw open the doors for non-subscribers to test-drive some of their most popular premium services — at ZERO cost to you.
You can access EWI’s near-term analysis of Asian-Pacific and European markets from EWI’s Short Term Update services (combined valued at $98/month) right now through noon Eastern time Friday, Sept. 10.
The timing couldn’t be better. Editor Chris Carolan has been on top of the recent market action in Asian-Pacific and European markets. This unique event only lasts a short time, so don’t delay!
Regards,
Alan
About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.
Free Email Trading Course
Free Email Trading Course
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Efficient Market Hypothesis: R.I.P.
By Elliott Wave International
Of all the belief systems of Wall Street, few can claim the devoted following of the Efficient Market Hypothesis, the idea that stock prices adhere to the same laws of supply-and-demand that govern retail products. Once coined the theoretical “Parthenon” of economics, this notion has consistently endured the test of time —– until now. Academics and advisors across the globe are currently exposing crack after crack in the “Efficient” model so deep as to bring the entire theory crashing to the ground.
“The EMH is not only dead,” writes a July 29, 2010 news source. “It’s really, most sincerely dead.” (Minyanville)
As to what caused the theory’s collapse — one recent business journal offers this insight:
“Financial markets do not operate the same way as those for other goods and services. When the price of a television set or software package goes up, demand for it generally falls. When the prices of a financial asset rises, demand generally rises.” (The Economist)
Here’s the thing. SIX years ago, Elliott Wave International president Bob Prechter pronounced the exact same finding in his April 2004 Elliott Wave Theorist. (Read that full-length publication today, absolutely free by clicking on the hyperlink) In that groundbreaking report, Bob presented the compelling picture below that shows how investors increase their percentage of stock holdings as prices rise, and decrease them as prices fall:
The next question is why? Answer: Motivation: i.e. the purchase of goods and services is about need; while the purchase of stocks is about desire. Here, Bob Prechter’s 2004 Theorist takes the rein:
“The fact is that everyday in finance, investors are uncertain. So they look to the herd for guidance. Because herds are ruled by the majority — financial market trends are based on little more than the shared mood of investors — how they feel — which is the province of the emotional areas of the brain (limbic system), not the rational ones (neocortex)… Buyers, in a rising market appear unconsciously to think, ‘The herd must know where the food is. Run with the herd and you will prosper.’ Sellers in a falling market appear to unconsciously think, ‘The herd must know that there’s a lion racing toward us. Run with the herd or you will die.’”
Prechter and contributor Wayne Parker then expanded on his landmark observation in the 2007 Journal of Behavioral Finance. (Also available, absolutely free by clicking on the hyperlink)
In the end, it’s not enough to just tear down the long-standing EMH. One must build another, more accurate model up in its place. And in the 2004 Theorist, Bob Prechter does just that with the Wave Principle, which reconciles the technical and psychological sides of stock market behavior into this key point: Herding impulses, while not rational, are also NOT random. They unfold in clear and calculable wave patterns as reflected in the price action of financial markets.
As the mainstream media continues to jump on board Prechter’s Financial/Economic Dichotomy Theory, you can read both of Prechter’s original writings. Enjoy your complimentary access to the 2004 April 2004 Elliott Wave Theorist and the 2007 Journal of Behavioral Finance.
This article was syndicated by Elliott Wave International and was originally published under the headline Efficient Market Hypothesis: R.I.P.. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
The Economic Crisis No One Saw Coming: A Convenient Untruth
The Economic Crisis No One Saw Coming: A Convenient Untruth
August 9, 2010
By Elliott Wave International
The single most convenient untruth about the 2008 (and counting)
financial crisis is that it was unforeseen. For two years policymakers
have insisted “There was no way to know ahead of time” that
the liquidity boom would come to a screeching halt. Back in November
2008, in fact, the usually tight-lipped Queen of England herself
publicly described the turmoil of international markets as “awful” and
openly asked a panel of experts from the London School of Economics “Why
did nobody notice?“
Her Majesty is right: Most financial authorities did
NOT notice the crisis before it was too late. Comedy Central’s “The
Daily Show with Jon Stewart” of all places provided the
most poignant evidence: A March 2009 video montage
shows executives and economists from the world’s leading financial
firms repeatedly forecasting continued upside strength in stocks,
plus renewed bull market growth in financials — right as debt
markets came unhinged and the US stock market headed into a 50%-plus
selloff.
Dubbed the “8-Minute Rap” (after the “18-Minute
Gap” of Nixon’s Watergate tapes), the Daily Show video feature
sent an equally powerful message, as the clip
below makes plain.
Yet even as the mainstream authorities failed to detect the
economic earthquake moving below their own feet, somebody did “notice” well
in advance. That person was EWI’s president Bob Prechter.
The clip below is from a 2007 Bloomberg interview.
Clear as PLAY, the foreseeable nature of the crisis emerges from
Bob’s October 19, 2007 interview.
As the historic trend change began to unfold, Bob issued this
timely insight:
“We’ve seen the first crack in the credit structure
with a huge drop in commercial paper… These are the harbingers
of a change toward the downside for the stock market, commodities
including oil, and the debt market itself.”
Don’t believe the convenient untruths. Get objective market
analysis today. Download
this free report that contains valuable market forecasts directly
from the desk of Bob Prechter.
This
article, The Economic Crisis No One Saw Coming: A Convenient Untruth, was syndicated by Elliott Wave International. EWI
is the world’s largest market forecasting firm. Its staff
of full-time analysts lead by Chartered Market Technician Robert
Prechter provides 24-hour-a-day market analysis to institutional
and private investors around the world.
Four best debt consolidation moves
You may be considering debt consolidation if you have accumulated a significant amount of debt and cannot afford to make the payments. Having huge amount of credit card debts with high interest rates can sometimes be very expensive and confusing. Consolidating them into a single monthly payment can create a streamlined process of repayment. There are several options of consolidating your debt. Have a look at the four best debt consolidation moves that you can take to successfully pay off your debts.
- Take a HELOC: A home equity line of credit (HELOC) is a loan taken against the amount of equity in your home. If you have built enough equity in your home, you can easily consolidate your debts by taking a loan against your home value. Your house will be used as a collateral and consider using this option as debt consolidation only if you think that you can make the payments on time. If you fail to pay on time, you may run the risk of losing your home to foreclosure. You can enjoy lower interest rate than on credit cards. The interest rate and some fees associated with HELOC will be tax deductible.
- Do “cash-out” refinancing: This can be considered another best way of debt consolidation. You can opt for “cash-out” refinancing. If you have enough equity in your home, than you can refinance your home for a value more than what you owe on your mortgage. This will help you access easy cash, which can be utilized to pay off debts. You get very low interest rates but make sure that you will be stretching your payments to over 15 or 30 years. This may increase the actual amount you are paying back due to the added interest rates over the term of the loan.
- Get your car loan refinanced: If you paying huge amounts on your car loan, then go for a car refinance. By refinancing your car loan, you can save the extra dollars every year. This money can be used to pay off your debts comfortably.
- Obtain personal loans: A personal loan can also be obtained to consolidate your debts. If you do not have enough equity in your home and if you do not qualify for a HELOC, then you can get personal debt consolidation loans. Such loans will offer you low interest rates than the outrageous rates of credit cards. Such personal loans are most often-unsecured debt.
Thus, there are different ways of consolidating your debts and paying them off. Consider the four best debt consolidation moves mentioned above before deciding to consolidate your debts.
Author bio: Neil R Williams is a financial consultant and writer. His niche of articles comprises some core financial subjects, such as debt consolidation, debt settlement, credit repair, credit counseling and so on. He also consults people in financial jeopardy.
Top Gun Options Course Now Open to First 250 Registrants
Just got word that the doors for the Top Gun Options training program have just officially opened.They’re only accepting the first Two Hundred Fifty registrants…and I have a feeling that these spots will get snapped up at supersonic speed.
Follow this link and I think you’ll understand why…
==>http://www.fox3options.com/iscript.php?10908_A98133_13
Here’s the deal: The Top Gun Options Program was designed by F-18 fighter
pilots who graduated from the elite US Navy Weapons School, Top Gun…
And who figured out how to leverage their military-learned disciplines and
methodologies to achieve superior execution (and results) in options trading.
So even if you are a total novice and can’t spell the word “OPTIONS” or
you’re a “Jedi Master” options trader, this elite training program
can give you the edge you need to be trading options successfully, FAST
Follow the link below and check it out:
==>http://www.fox3options.com/iscript.php?10908_A98133_13
By the way, I’ve previewed the course and, trust me, it’s the real deal.
Cheers,
Alan
Stock market ‘profit pockets’ (NEW training video)
Did you know that on any given stock chart, there are very
specific & precise low-risk, high-probability entry points that
can lead to some potentially deep “profit pockets”?
* 4 of them were recently discovered by a 35+ year market
veteran…
-and he’s recording some brand new training videos that show you
what they look like, how they work together, and how you can
spot them on your own.
The first training video is done, and you can see it here on his
new training website:
http://www.marketmastery.com/z/?i=773362&l=f40
Pay close attention to the chart that’s displayed early on in
the training video that outlines these 4 “profit pockets”, which
are identified by these custom methods designed to “pinpoint”
each one:
* The Profit Pipeline Method…
* The Trend Validator Method…
* The Velocity Method…
* The Countertrend Cash Method…
I’m really excited about these 4 additional ways to pull more
profit potential out of almost ANY stock chart, because
they can complement any existing method you’re currently
using…
-and that just gives you even MORE of an edge over those traders
who DON’T know about these techniques.
These training videos likely will NOT be online for long, so
make sure you watch & take notes here:
http://www.marketmastery.com/z/?i=773362&l=f40
Good Trading!
p.s. Whenever this 35+ year market veteran releases
complimentary training videos, I PAY ATTENTION because the “on
the house” information he just “gives away” is often worth more
than many training courses you’d have to pay for. So, don’t take
this training lightly and pay close attention to what he
teaches. Your portfolio will thank you for it later 
See it here:
The Federal Reserve Does NOT Control the Market
FREE eBook reveals why the Fed is powerless to change the economic course
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 Fed has no such power. This is the revelation of Elliott Wave International’s newest complimentary resource from Club EWI: the 35-page eBook titled “Understanding the Fed.” Including excerpts from the selected works of EWI President Robert Prechter — including his 2002 book “Conquer the Crash” and several past “Elliott Wave Theorist” publications — this riveting report exposes once and for all the most dangerous myths about the Federal Reserve.
Chapter 3 (of the 8-chapter anthology) attends to the “Potent Directors Fallacy” — i.e., the false notion that the central bank is in control of the U.S.’s money, market, and economy — and offers this “Conquer the Crash” insight:
“For recent examples of the failure of the idea of efficacious economic directors, just look around. Since Japan’s boom ended, its regulators have been using every presumed macroeconomic ‘tool’ to get the Land of the Sinking Sun rising again, as yet to no avail. The World Bank, the IMF, local central banks, and government officials were ‘wisely managing’ South East Asia’s boom until it collapsed spectacularly in 1997. In America, the Federal Reserve has lowered its discount rate from 6% to 1.25%, an unprecedented amount in such a short time… What will it do if the economy resumes its contraction; lower rates to zero?“
Note: The underlined sentence above was written in 2002. Today, that forecast has come to fruition after the Fed’s rate-slashing campaign since September 2008 has brought rates to the zero level.
Chapter 3 then goes on to explain WHY the Fed’s monetary policy failed to lift the hot-air balloon of the economy out of the violent credit and housing downdraft. Here, the eBook writes:
“The Fed’s ultimate goal is to influence public borrowing from banks. During economic contractions, banks become fearful. At such times, low Fed-influenced rates cannot overcome creditors’ disinclination to lend and/or customers’ unwillingness or inability to borrow. Thus, regardless of assertions to the contrary, the Fed’s purported ‘control’ of borrowing, lending, and interest rates ultimately depends upon an accommodating market psychology and cannot be set by decree.”
Once again, flash ahead to today and the disintegration of optimism and shift toward conservation can be seen in the following data from February 2010:
- Year-over-year bank credit was (negative) – 6.8% vs. 10% in 2007
- Loan availability to small businesses plunged to the lowest level since interest rate crisis of 1980, thus drying up a major means of debt repayment.
- The number of banks tightening their lending standards has soared, while consumer credit and tax revenue is plunging.
- And, residential and commercial mortgages are plunging, as more and more home/business owners are walking away from their leases.
In Bob Prechter’s own words: Once you can assimilate the truths contained in this eBook, “you will have knowledge of the banking system that one person in 10,000 has.”
Do you want to really understand the Fed? Then keep reading this free eBook, “Understanding the Fed”, as soon as you become a free member of Club EWI.
This article was syndicated by Elliott Wave International. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts lead by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
Raising The BAR: Bar Patterns & Trading Opportunities
How a 3-in-1 formation in cotton “triggered” the January selloff
April 17, 2010
By Nico Isaac
For Elliott Wave International’s chief commodity analyst Jeffrey Kennedy, the single most important thing for a trader to have is STYLE– and no, we’re not talking business casual versus sporty chic. Trading “style,” as in any of the following: top/bottom picker, strictly technical, cyclical, or pattern watcher.
Jeffrey himself is (and always has been) a “trend” trader, meaning: he uses the Wave Principle as his primary tool, with a few secondary means of select technical studies. Such as: Bar Patterns. And Jeffrey counts one bar pattern in particular as his favorite: the 3-in-1.
Here’s the gist: The 3-in-1 bar pattern occurs when the price range of the fourth bar (named, the “set-up” bar) engulfs the highs and lows of the last three bars. When prices penetrate above the high — or — below the low of the set-up bar, it often signals the resumption of the larger trend. Where this breach occurs is called the “trigger bar.” On this, the following diagram offers a clear illustration:
Now, how about a real world example of the 3-1 formation in the recent history of a major commodity market? Well, that’s where the picture below comes in. It’s a close-up of Cotton from the February 5, 2010 Daily Futures Junctures.
As you can see, a classic 3-in-1 bar pattern emerged in Cotton at the very start of the New Year. Within a few day the trigger bar closed below the low of the set-up bar, signaling the market’s return to the downside. Immediately after, cotton prices plunged in a powerful selloff to four-month lows.
February arrived, and with it the end of cotton’s decline. In the same chart you can see how Jeffrey used the Wave Principle to calculate a potential downside target for the market at 66.33. This area marked the point where Wave (5) equaled wave (1), a reliable for impulse patterns. Since then a winning streak in cotton has carried prices to new contract highs.
This example shows the power of a fully-equipped technical analysis “toolbox.” By using the Wave Principle with Bar Patterns, one has a solid, objective chance of anticipating the trend in volatile markets.
And in a 15-page report titled “How To Use Bar Patterns To Spot Trade Set-ups,” Jeffrey Kennedy identifies the top SIX Bar Patterns included in his personal repertoire. They are Double Inside Days, Arrows, Popguns, 3-in-1, Reverse 3-in-1, and Outside-Inside Reversal.
In this comprehensive collection, Jeffrey provides each pattern with a definition, illustrations of its form, lessons on its application and how to incorporate it into Elliott wave analysis, historical examples of its occurrence in major commodity markets, and ultimately — compelling proof of how it identified swift and sizable moves.
Best of all is, you can read the entire, 15-page report today at absolutely no cost. You read that right. The limited “How To Use Bar Patterns To Spot Trade Setups” is available with any free, Club EWI membership.
Nico Isaac writes for Elliott Wave International, a market forecasting and technical analysis firm.
