Pharrell is “Happy”. What about the Market?

Music is an art form, which reflects different types of emotions through its melody and lyrics, which have their mission to express and recreate the emotional state of the author. Therefore the public listens to music, which reflects its emotional state. Lately there has been a song, which has made the world dance and move…

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The “Black” Days In Market History

This article is an overview of the “black” days in market history and has its task to explain what happened then, why people called them “black” and why investors will always remember them with fear and caution. Once Mark Twain said: “History doesn’t repeat itself but it often rhymes”, that is why we find it…

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NASDAQ and S&P – a warning for investors

Since the beginning of 2009, when all major US indices bottomed, the S&P 500 and Dow Jones have been trending to new record highs. Dow Jones, NASDAQ and S&P 500 have been recovering in corrective fashion. In this article we are going to take a look at NASDAQ 100 and S&P 500, order to see…

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Socionomics perspective on skyscrapers

In 1940s, Edward R. Dewey hypothesized, that the tallest buildings are usually completed after significant market peaks. Now, 74 years later, this hypothesis is a good addition to the socionomic theory. The new science of Socionomics, founded by Robert Prechter Jr. in 1979, postulates that social mood drives financial, macroeconomic, political and social behavior, in…

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Socionomics perspective on music

Music reflects feelings, mood and trends. The first chart shows a stock market cycle (1950-1982) and the styles of music that were popular in the uptrend vs. the downtrend. In the 1950s and early 1960s, as the great bull market was underway, major pop music stars were young and energetic and their lyrical theme had…

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Hollywood predicts stock market crashes?

Some may call it coincidence, but from Elliott Wave perspective it is just another sign of extreme optimism in the market. When big Hollywood productions about Wall Street are released, devastating stock market crashes follow. The first chart below shows our long term forecast on DJIA. On the second one you can see where the…

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Stocks are sky-high! Should I buy some?

Stocks are in the atmosphere! Dow Jones has made a historical high in terms of price. Should we buy stocks? We at Elliottwave markets do not recommend buying stocks, because in terms of real money (gold), the Dow has been crashing since year 2000. The chart clearly shows us, that since year 2000, the Dow…

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DJIA big picture, crash ahead?

The chart below shows that the price movement of the DJIA since year 2000 has corrective characteristics. In our opinion, an expanding flat correction has been developing after the orthodox top of wave “(3)”. Currently in wave “B”, we think that a new, massive crash for wave “C” of (4) is highly probable.