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June 2012 | Page 3 of 5 | Elliott Wave Analytics

  • Inflation, Rates and Dollar Open More QE Door
    By on June 15, 2012 | No Comments  Comments
    The recent release of the CPI data confirms our view that“deflationary” pressures are rising in the economy. During the past several months we have been discussing, and warning about, the similarities between the current market environment and that of seen in the summers of 2010 and 2...
  • EWI Free Week: 7 Days of FREE forecasts for DJIA, S&#...
    By on June 15, 2012 | No Comments  Comments
    Our friends at Elliott Wave International have just announced the beginning of their popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services — at ZERO cost to you. You can access all the charts, analysis, videos and forecasts f...
  • Spain and The Runaway Euro Bailout Train
    By on June 14, 2012 | No Comments  Comments
    Spain finally bowed to the rising interest rates and the billions of euros worth of bad loans at Spain’s regional governments to ask for a loan.  After emergency talks between Euro Zone finance ministers on Saturday, Spain will get up to $125 billion from the European Union (EU) to bail out...
  • Will Globalization Go Bankrupt?
    By on June 14, 2012 | No Comments  Comments
    About ten years ago I published an article in Foreign Policy that I just recently re-read.  In the article I extended one of the arguments I made in my book, The Volatility Machine, that the globalization process is driven primarily by monetary expansion and the consequent increase in risk appet...
  • Retail Sales Slide Continues…
    By on June 14, 2012 | No Comments  Comments
    In March of this year we wrote:  “The release of the retail sales data today sure got a lot of people excited about the economy. In reality, this was much more a statement of inflationary pressures and weather related anomalies than economic improvement.”  Those inflationary pressures ...
  • Why European Leaders Must Do Dramatically More!
    By on June 13, 2012 | No Comments  Comments
    Sunday’s even larger than expected bailout offer for Spain’s banks was not enough to buy even a one-day rally? It not only failed to raise the confidence of markets regarding Spain’s precarious position, but sparked increased concerns that Italy is following closely behind on the steepening sl...
  • Bank Run…Italian Style!
    By on June 13, 2012 | No Comments  Comments
    In March of 2010, or roughly 2 and quarter years ago, I ridiculed Italy’s public proclamations of austerity and fiscal responsibility. I put out a report to my paid subscribers detailing my thoughts therein… Italy_public_finances_projections_Page_01 Well, fast forward to today and Bloomb...
  • Bear Trap Still Possible: Best Stock Market Indicator...
    By on June 12, 2012 | No Comments  Comments
    The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com that can be used to forecast conservative entry and exit points for the stock market. The OEXA is used to find the “sweet spot” time period in the market when yo...
  • Will Spain Bailout Spell End Of EU?
    By on June 12, 2012 | No Comments  Comments
    We wrote in our newsletter this past weekend that “While the market could certainly move lower in the short term, as there is currently no catalyst present to reverse the decline, it is very likely that some event will occur in the next week or two with regard to the Eurozone that will spar...
  • Shocker: Student Loans US Balance Sheet Biggest Asset...
    By on June 12, 2012 | No Comments  Comments
    Pop Quiz! Without recourse to your text, your notes or a Google search, what line item is the largest asset on Uncle Sam’s balance sheet? A) U.S. Official Reserve Assets B) Total Mortgages C) Taxes Receivable D) Student Loans The correct answer, as of the latest Flow of Funds report fo...
  • Oil Tankers At Lowest Rates Since 1997!
    By on June 12, 2012 | No Comments  Comments
    Bloomberg reports Oil Tankers Squeezed as Rates Drop to Lowest Since ’97. Aframaxes, already this year’s worst- performing oil tankers, are poised for the lowest annual rates in at least 15 years as Europe’s economic stagnation curbs demand, the region’s most-accurate shipping analysts said....
  • Strong Dollar Fallacy
    By on June 12, 2012 | No Comments  Comments
    After a shocking upset in Greece’s parliamentary elections, the US dollar surged dramatically.  Soaring 5.4% in May alone, the world’s reserve currency won legions of fans among traders.  “King Dollar” was universally lauded, with everyone jumping on the strong-dollar bandwagon.  But this...
  • Astro-Technical Update: Jupiter-Gemini Power Shift!
    By on June 11, 2012 | No Comments  Comments
    The head honcho of the heavens changes signs in the coming week, shifting the emphasis of money flows into the markets over the coming year. According to ancient symbolism, Jupiter is weakened in Gemini. The Old God we associate with expansion … he whom I call the FatBoy … goes on a diet...
  • Debt, Deleveraging And Deflation…
    By on June 11, 2012 | No Comments  Comments
    At this moment, the news media is constantly clamoring about the “Three Ds” that are buffeting the markets: debt, deleveraging, and deflation. We intuitively sense that they’re linked — but how, exactly? Understanding this linking is critical; as debt has fueled the global e...
  • Recession: ECRI Leading Index Declines Further!
    By on June 11, 2012 | No Comments  Comments
    The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) dropped to 121.6 from last week’s 122.3 (a downward revision from 122.4). See the chart below. The WLI growth indicator (WLIg) also slipped, now at -2.0 as reported in Friday’s public release of the data th...
  • What Is Wrong With Gold?…
    By on June 10, 2012 | No Comments  Comments
    While the stock market has been a loser on a buy and hold basis over the last 12 years (the S&P 500 is still 14% below its peak in 1999), gold surged up 625% over the same period, from $255 an ounce in 1999 to its recent high of $1,850 in March. As with each of its previous record highs there wa...

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