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Bear Market Special Reports and Offers

November 9 – Like millions of people, you may have tried your hand at intraday trading this year. Sure, today’s market platforms make executing your trades easy. But winning consistently is still hard. Especially when the waves are as big as they are right now.

This will help. For 3 days only on November 10-12, our friends at elliottwave.com are hosting a new, trader-focused event, “Critical Opportunities FreePass.”

Join it now and see what Elliott waves show next for the world’s 60+ most-watched markets. Stocks, gold, silver, oil, FX, cryptos and more – You’ll get clear, objective forecasts, some 24 hours a day. It’s a $1,278 value, but “free” means free: They won’t even ask for your credit card.

Volatility is back. Traders live for days like these.

For 3 days only, join “Critical Opportunities FreePass” now.

October 29 – Unless you’ve been living under a proverbial rock, you’re well aware that  the U.S. presidential election is just days away.

What does the stock market say about who is likely to win? Which party would be better for the stock market and the economy? And how can you anticipate trends in politics, the economy and broader society going forward, regardless of who wins?

Get deeply researched answers to these questions and more in a FREE webinar from our friends at Elliott Wave International. Watch the full 68-minute presentation instantly when you join Club EWI, the world’s largest Elliott wave educational community. Sign up free at this link.

More free reports for Elliott Wave International

The historic stock market crash underway on Wall Street

The crash was swift, deep and widespread, arguably the worst in history over such as short period of time. Yet the pundits on CNBC and FBN are almost unanimous in saying there is nothing to worry about. Just “BTD” (Buy The Dip). We’re not convinced.

Here’s the past five days of US stock market trading (QQQ), courtesy of Trading View. Feel free to change the symbol, add lines and indicators etc, as you need.

TradingView has just released their Black Friday sale. This is your chance to get their amazing upgraded plans – with best in class trading alerts, indicators and much more – with discounts of up to 60% percent off! This year the deal is even sweeter than usual, with the discount extending for 13 months instead of the usual 12. Just click here and find the plan that works best for you. Black Friday Special Offer from TradingView.

5-Day Market Recap

Market Update Thursday 11/26/20

US markets closed for Thanksgiving holiday.

Happy Thanksgiving

Market Update Wednesday 11/25/20

Following yesterday’s run up to new highs, US stocks zigged and zagged and delivered a mixed performance. The DJIA dropped 174 points (0.6%) but the NASDAQ tacked on 586 points (1.3%). Gold and silver stabilized after recent declines.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Tuesday 11/24/20

It was another “Up, Up,and Away” day, as yesterday’s rally continued, sending US stocks to record highs. The DJIA jumped 455 points (1.5%) and the NASDAQ tacked on 156 points (1.3%). Gold and silver got whacked again.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Monday 11/23/20

Additional positive news about Covid-19 vaccine development, the SkyNet SellBots took control in the overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged into a higher strong close. The DJIA jumped 328 points (1.1%) and the NASDAQ added 25 points (0.2%). Gold and silver got whacked.

Stay tuned as the battle of the SkyNet StockBots continues.

Market Update Friday 11/20/20

The SkyNet SellBots took control in the overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street. From there, stocks zigged and zagged into the close. The DJIA ended down 220 points (0.8%) and the NASDAQ dropped 50 points (0.4%). Gold and silver caught a bounce.

Stay tuned as the battle of the SkyNet StockBots continues.

Update archives

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.
  • Mega-trillions in derivatives trade every day like $1.00 dog-racing trifecta tickets.
  • Despite twelve years of near-zero interest rates, global economies other than the US are barely registering a pulse.
  • And on and on.

How bad are things? How unprecedented and uncharted?

Several Central Banks have 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.

generic chart

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 term for 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, below.

Free reports from Elliott Wave International