The markets have been taking a beating over the past few weeks. Plunging existing home sales, disappointing jobless claims and weak manufacturing activity numbers are to blame. However, as you can see…
Why weekly charts work
Many traders get so involved with the market on a daily or even an intraday basis, that they somehow lose out on the bigger picture. Weekly charts are enormously helpful in giving…
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…
Carts and Horses
By: Peter Schiff, Euro Pacific Capital, Inc. In a CNBC debate last week, former Labor Secretary Robert Reich presented a set of contradictory beliefs that unfortunately reflect the conventional wisdom of modern…
Why Gold Is Not In a Bull Market
What is a Bull Market? What is a ‘Bull’ market? It is a market in an upward price phase of a market with the expectation that it will be followed by a…
Gold Falls with Stocks & Euro as Yen Hits 15-Year High, US Fed Prepares Fresh Quantitative Easing
THE SPOT PRICE of wholesale gold dropped to a 7-session low Tuesday lunchtime in London, as world stock markets fell hard in thin trade and the Japanese Yen reached a new 15-year…
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…
Slicing the Neckline: A Classic Technical Pattern Agrees with the Elliott Wave Count
By Elliott Wave International 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…
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…
‘Tis But a Scratch!
By: Adrian Ash, BullionVault The bull market in gold is a long way from losing both arms and legs just yet… WHATEVER FORCE you spy behind this week’s swoon in gold prices…