Update - Friday 08/28/15 4:00 PM EDT
US stocks end this incredibly volatile week with an incredibly calm trading day. The Dow Jones Industrial Average traded in a narrow range all day Friday, ending down 19.97 points.
Will next week bring more wild and crazy trading? Get your free report: "Pandemonium in the Stock Market," now to learn what's behind the market chaos and what's next.
Update - Thursday 08/27/15 4:00 PM EDT
US stocks continue the rebounding Tuesday. The Dow Jones Industrial Averaged closed up 336 points.
Update - Wednesday 08/26/15 4:00 PM EDT
US stocks finally held onto a rally today. The Dow Jones Industrial Average soared 621 points. today. Is this the end of the correction? Stay turned tomorrow.
Update - Wednesday 08/26/15 9:30 AM EDT
US stocks are soaring Wednesday morning, after yesterday's stunning failed rally. Will today's early rally hold into the close? We shall see..
Update - Tuesday 08/25/15 4:00 PM EDT
US stocks could not hold the strong early rally Tuesday. After opening up 250 points and extending the gains to 400 points at midday, the Dow Jones Industrial Average hit a brick wall and gave back all the gains and more. The Dow closed down 205 points, extended its losing streak to six days and nearly 2,000 points.
Update - Tuesday 08/25/15 10:00 AM EDT
US stocks are rebounding Tuesday morning, after crashing over the prior three sessions. Dow Jones is up 250 points. We shall see if the rally can hold into the close.
Breaking News Update - Monday 08/24/15 4:00 PM EDT
Wow what a wild ride on Wall Street today! After crashing over 1,000 points at the open, the Dow Jones Industrial Average rebounded to within 100 points of break-even at mid-day, only to zig and zag its ways lower again into the close. The Dow closed down "only" 588 points, or 3.6%.
Breaking News Update - Monday 08/24/15 10:00 AM EDT
The Dow Jones Industrial Average opened down over 1,000 points, and has recovered a bit, now down "only" 500 points. The NASDAQ opened down over 300 points, now down about 150 points.
Breaking News Update - Monday 08/24/15 9:00 AM EDT
Friday's global selling avalanche is continuing and accelerating Monday morning.The Shanghai stock market in China plunged another 8.5% Monday. The various European markets are down 4-5%. The Dow Jones Industrial Average futures are down a shocking 850 points in pre-market trading. The NASDAQ futures are down a stunning 200 points. S&P 500 futures are down 100 points. Stock exchange officials are dusting off the circuit breaker trading halt rules for today's activity.Are you ready for another wild ride on Wall Street?
Breaking News Update - Friday 08/21/15 4:00 PM EDT
Is an historic stock market crash underway on Wall Street? The Dow Jones Industrial Average plunged over 525 points today and over 900 points in the last two days. Stocks plunge on global-growth fears.The Chinese stock market has crashed 30% over the last six weeks. Read on....If there's anything that all stock market analysts agree upon, it's that "markets don't move in straight lines" (at least not for very long). Look at any chart of any stock, any commodity, anything that is traded on an open market and you just don't see straight lines.
So if markets don't move in straight lines, how do they move? Again, look at any chart and it's obvious: markets move in zigs and zags. A more technical description of zigs and zags is waves. And there is no better way to analyze and interpret chart waves than with Elliott Wave analysis. Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the largest independent financial analysis and market forecasting firm in the world. EWI's analysts cover every major market (stocks, currencies, bonds, energy, metals, commodities) worldwide, 24 hours a day. The stock market waves have been warning of a market meltdown for quite some time. Has that moment finally arrived?As Bob Prechter warns, and as the market action during the 2008-2009 financial crisis proved,
"Bear markets move fast and are intensely emotional;
We urge you to stay on top of the latest market action with commentary and reports from our friends at Elliott Wave International.
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