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Bears in Hibernation
Fundamental analysis has a poor track record of predicting downturns.

by Jason Farkas
10/29/2009 1:15:00 PM
People continue to desert the bearish camp -- even some who correctly forecasted the 2008 collapse. The less than resolute bears are now taking up residence with a cadre of “professionals” whose track record is poor -- fundamental analysts. Fundamental analysts have a poor track record of predicting downturns (though it’s probably not a surprise to those reading this). Here are two good examples...
Filed Under: earnings, recession, fundamentals
Category: Stocks


Earnings: Is That REALLY What's Driving The DJIA Higher?
The idea of earnings driving the broad stock market is a myth.

by Vadim Pokhlebkin
10/14/2009 11:15:00 AM

It's earnings season again, and everywhere you turn, analysts talk about earnings' influence on the broad stock market. Well, take a look at this chart if you also think that earnings are what you should focus on in your investment strategy...

Filed Under: earnings, DJIA, prechter, elliott wave, social mood
Category: Stocks


A Crucial Fact Overlooked by Most Investors
Economic news does not create the stock market's trend.

by Vadim Pokhlebkin
4/17/2009 6:30:00 PM
The economy follows the stock market. It's a fact typically overlooked by conventional market forecasters who think the opposite. From an Elliott wave perspective, their thinking is simply backwards. Here's a good example...
Filed Under: deflation, earnings, goldilocks, prechter, foreclosures, unemployment
Category: Stocks


Bank Of America and Google: News Doesn't Matter?
Elliott Wave International discusses illogical price moves in the shares of Google and Bank of America.

by Vadim Pokhlebkin
2/4/2008 5:35:21 PM

On Friday (Feb. 1), Google reported that its "fourth-quarter revenue increased 51% and net income rose 17%, and top executives said they saw no effect of an economic slowdown." Good news, no argument there. Yet at the open GOOG promptly lost ground and closed Friday's trading down more than 8%. And then on Monday (Feb. 4), it lost some more. Why? We have some ideas...

Filed Under: bank of america, bac, google, goog, mortgage, earnings, shares, stock
Category: Stocks


Why Choose Technical Analysis Over Fundamental?

by Susan C. Walker
11/16/2007 12:45:00 PM

Is there any point in a market cycle at which Elliotticians and fundamental analysts will agree?

Filed Under: technical analysis, fundamental analysis, earnings
Category: Stocks


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> Wars: Do they affect the stock market's Elliott wave patterns? 
> Market manipulation: Can wave patterns detect it?  
> Warren Bufett: Doesn't his latest major purchase boost market mood? 
> George Soros' Reflexivity Theory: Similar to Prechter's socionomics? 
> College tuition: Will it cost more or less in a deflation? 
> Currencies: How do I count Elliott waves between cash and futures? 
> Weekends and trading halts: How do they factor into Elliott wave count? 
> Crisis Part II: Who will people blame if stocks crash again? 
> Socionomics and 'The Wisdom of Crowds': Any connection? 
> Do you know of any mutual funds that use Elliott wave analysis? 

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IN THE MEDIA
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As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.
 
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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.