Is an historic stock market crash underway on Wall Street?

We're just asking the question, not making a prediction.

But day by day, hour by hour, this year's market action is more and more saying... yes?

 

Market Update - Thursday 02/11/16 4:00 PM EST
US stocks got slapped upside the head again today. as the pundits on Wall Street are having some indigestion about what Fed Head Janet Yellen said to Congress yesterday and today. The DJIA was down over 425 points at its worst, and was able to cut its loses to "only" 255 points (1.6%). The NASDAQ fared "less bad" today, falling only 16 points (0.4%).

So where do the markets go from here? Is the dead-cat bounce over? Has the bear market resumed? Is a crash ahead? Stay tuned for another wild ride on Wall Street!

 

Market Update - Wednesday 02/10/16 4:00 PM EST
US stocks opened sharply higher, but the rally reversed right about when Fed Head Janet Yellen started to speak before Congress. It was all downhill from there, and stocks ended mixed. The DJIA closed down 100 points (0.6%) and the NASDAQ edged higher by 15 points (0.3%)..

Is the dead-cat bounce over? Has the bear market resumed? Is a crash ahead? Stay tuned for another wild ride on Wall Street!

 

Market Update - Tuesday 02/09/16 4:00 PM EST
US stocks dropped again at the open, and then zigged and zagged their way into positive territory, only to slip back into the red at the close. The DJIA closed down 12 points and the NASDAQ down 15 points.

Is the dead-cat bounce over? Has the bear market resumed? Is a crash ahead? Stay tuned for another wild ride on Wall Street!

 

Market Update - Monday 02/08/16 4:00 PM EST
US stocks plunged again today, extending Friday's smashing. The DJIA sank over 400 points at mid-day, then finally a "dead-cat bounce" sprang to life. The DJIA cut its losses to close down "only" 177 points (1.1%). The NASDAQ got crushed by 140 points before rebounding to close down "only" 79 points (1.8%). .

Is the dead-cat bounce over? Has the bear market resumed? Is a crash ahead? Stay tuned for another wild ride on Wall Street!

 

Market Update - Friday 02/05/16 4:00 PM EST
US stocks ended the zig and zag week with a plunge. The DJIA got smashed for 212 points (1.3%) and the NASDAQ got whacked by panic selling for a stunning loss of 146 points (3.3%).

Is the bounce over? Has the bear market resumed? Is a crash ahead? Stay tuned next week for another wild ride on Wall Street!

 

Update Archive

 

What in the world is going on with the markets? Indeed, it is a world-wide event. Most of the world's stock markets have dropped 10 to 12% so far this year, with China faring much worse.

So where do the markets go from here? We sure don't know. And anybody who claims to know exactly what's coming is lying to you.

The entire global financial system is in unprecedented, uncharted waters.

  • Global debt is much worse than it was in 2007.Z
     
  • Mega-trillions in derivatives trade like $1.00 trifecta tickets.
     
  • Despite eight years of near-zero interest rates, the global economies are barely registering a pulse.
     
  • Gold has been revived, and is up 18% in just the first 6 weeks of the year.
     
  • And on and on.

How bad are things? How unprecedented and uncharted?

Recently, several Central Banks entered the monetary Twilight Zone by cutting their benchmark interest rates to below zero. That's right, if you're a big bank, you can actually "make money" by borrowing money. When the loan comes due, you pay back less than the amount you borrowed. What a deal!

And the perverse flip side of negative interest rates is that when you deposit your hard-earned money in the bank, not only do you not earn any interest, the bank charges you a fee just for the privilege of making the deposit. You have less and less money in your account every day. What a rip-off!

All of this financial insanity can only be seen as a desperate last-resort attempt by Central Bankers to stimulate their economies by force-feeding them with "better than free money". (Free money that is conjured up out of thin air with a few mouse clicks, that is.)

About the best we can say for the markets ahead is "expect the unexpected."

 

But if there's one thing that all stock market analysts and forecasters 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 long 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 major market meltdown for quite some time. Has that moment finally arrived?

As Bob Prechter warned, and as the market action during the 2008-2009 financial crisis proved,

"Bear markets move fast and are intensely emotional;
investors and traders who are prepared have greater
opportunities on the downside than on the upside."

We urge you to stay on top of the latest market action with commentary and reports from our friends at Elliott Wave International.

 

©1999-2016 BearMarketCentral.com. All rights reserved. Contact