Best of the Week
Most Popular
1. Five Charts That Show We Are on the Brink of an Unthinkable Financial Crisis- John_Mauldin
2.Bitcoin Parabolic Mania - Zeal_LLC
3.Bitcoin Doesn’t Exist – 2 - Raul_I_Meijer
4.Best Time / Month of Year to BUY a USED Car is DECEMBER, UK Analysis - Nadeem_Walayat
5.Labour Sheffield City Council Election Panic Could Prompt Suspension of Tree Felling's Private Security - N_Walayat
6.War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat Part2 - Stewart_Dougherty
7.How High Will Gold Go? - Harry_Dent
8.Bitcoin Doesn’t Exist – Forks and Mad Max - Raul_I_Meijer
9.UK Stagflation Risk As Inflation Hits 3.1% and House Prices Fall - GoldCore
10.New EU Rules For Cross-Border Cash, Gold Bullion Movements - GoldCore
Last 7 days
Carillion Bankruptcy and the PFI Sector Spiraling Costs Crisis, Amey, G4S, Balfour Beatty, Serco.... - 16th Jan 18
Artificial Intelligence - Extermination of Humanity - 16th Jan 18
Carillion Goes Bust, as Government Refuses to Bailout PFI Contractors Debt and Pensions Liabilities - 15th Jan 18
What Really Happens in Iran?  - 15th Jan 18
Stock Market Near an Intermediate Top? - 15th Jan 18
The Key Economic Indicator You Should Watch in 2018 - 15th Jan 18
London Property Market Crash Looms As Prices Drop To 2 1/2 Year Low - 15th Jan 18
Some Fascinating Stock Market Fibonacci Relationships... - 15th Jan 18
How to Know If This Stock Market Rally Will Continue for Two More Months? - 14th Jan 18
Everything SMIGGLE from Pencil Cases to Water Bottles, Pens and Springs! - 14th Jan 18
Land Rover Discovery Sport Very Bad MPG Fuel Economy! Real Owner's Review - 14th Jan 18
Gold Miners’ Status Updated - 13th Jan 18
Gold And Silver – Review of Annual, Qrtly, Monthly, Weekly Charts. Reality v Sentiment - 13th Jan 18
Gold GLD ETF Update.. Bear Market Reversal Watch - 13th Jan 18
Stock Market Leadership In 2018 To Come From Oil & Gas - 13th Jan 18
Stock Market Primed for a Reversal - 13th Jan 18
Live Trading Webinar: Discover 3 High-Confidence Trade Set-Ups - 13th Jan 18
Optimum Entry Point for Gold and Silver Stocks - 12th Jan 18
Stock Selloffs Great for Gold - 12th Jan 18
These 3 Facts Show Gold Is Set to Surge in 2018 - 12th Jan 18
How China is Locking Up Critical Resources in the US’s Own Backyard - 12th Jan 18
Stock futures are struggling. May reverse Today - 12th Jan 18
Three Surprising Places You See Cryptocurrency - 12th Jan 18
Semi Seconductor Stocks Canary Still Chirping, But He’s Gonna Croak in 2018 - 12th Jan 18
Land Rover Discovery Sport Panoramic Sunroof Questions Answered - 12th Jan 18
Information About Trading With Alpari And Its Advantages - 12th Jan 18
Stock Market Investing 2018 - “I Hope I’m Making a Bad Buy” - 11th Jan 18
S&P 500 Fluctuates As Stock Market May Be Topping, Or Not? - 11th Jan 18
SPECTRE Microprocessor Security Flaw - Big Brother = You - 11th Jan 18
7 Market Forecasts 2018 from the Brightest Financial Minds I Know - 11th Jan 18
It’s Not Enough to Be Contrarian - 11th Jan 18
Stocks That Take One for A Roller Coaster Ride Through the Thick And Thin Of Every Single Investment Made - 11th Jan 18
Police Arrest Tree Protester on Meersbrook Park Road, Sheffield - 10th Jan 18
Stock Market Aggressive Sell Signals - 10th Jan 18
The 2018 Decline in Precious Metals - 10th Jan 18
Gold Hits All-Time Highs Priced In Emerging Market Currencies - 10th Jan 18
TMV : 3X Leveraged Short on US Treasury Bonds - 10th Jan 18
Here are the Key Levels in Gold & Gold Miners - 10th Jan 18
Investment Advice That Probably No One Gave You Before - 9th Jan 18
S&P 500 Sets Another Record, But This May Be Short-Term Top - 9th Jan 18
Failure of War Party Foreign Policy - 9th Jan 18
Buying a Land Rover Discovery Sport HSE Black - Interior Review - 9th Jan 18
More Important Than Gold’s Bottoming Price - 9th Jan 18
Getting Bullish on Gold - 9th Jan 18
Share Market Is One Of The Most Encouraging Opportunity For Young... - 9th Jan 18
Stock Market Close Call... - 8th Jan 18
If You Hold VT Or Any Other Global ETF, You’ve Put All Your Eggs In One Basket - 8th Jan 18
Blowup with China or North Korea Could Change Almost Everything Overnight - 8th Jan 18
The Real LORAX and Once-ler's of Sheffield's Street Tree Felling's - 8th Jan 18
Share Trading is an Interesting for Everyone - 8th Jan 18
The Way to the New Cold War - 8th Jan 18
A little Stock Market Euphoria? - 8th Jan 18

Market Oracle FREE Newsletter

6 Critical Money Making Rules

The Stock Market "Trump Bump" Was in the Cards LONG Before Trump

Stock-Markets / Stock Market 2017 Mar 06, 2017 - 03:11 PM GMT

By: EWI

Stock-Markets

How to breach limitations of conventional market forecasting

[Editor's Note: The text version of the story is below.]


Get the Free Elliott Wave Tutorial

Learn how you can apply the Wave Principle to improve your trading and investing in this free 10-lesson tutorial. You'll learn:

  • What the basic Elliott wave progression looks like
  • Difference between impulsive and corrective waves
  • How to estimate the length of waves
  • How Fibonacci numbers fit into wave analysis
  • Practical application tips for the method

Get Details and Instant Access


It's been a tough time for the stock market bears.

You just have to look at these recent headlines:

  • U.S. stock futures hit fresh highs (Marketwatch, Feb. 20)
  • Stocks post best winning streak in 25 years (CNN Money, Feb. 16)
  • Stocks Continue Record-Breaking Run (Nasdaq.com, Feb. 15)

As a result, a prominent Canadian market participant has thrown in the towel (zerohedge.com, Feb. 17):

The CEO of Fairfax Financial ... announced that he is covering his firm's equity hedges after suffering a $1.1 billion net loss on its investments in Q4, and $1.2 billion for all of 2016.

But the financial pain hardly ends there. Look at this chart with comments from the Wall Street Journal (Feb. 16):

It is the buzz of Wall Street: a five-day, 15% plunge in a U.S. mutual fund whose bearish bets were undone by the S&P 500's latest run to fresh records.

Many market commentators say stocks have been rising because of the new administration's policies (Yahoo Finance, Feb. 20):

Much of the post-US election rally in the stock market has been attributed to President Donald Trump's promises for tax cuts and deregulation.

But long before the election, Elliott wave price patterns already told our subscribers to prepare for a market rally.

Our just-published February Elliott Wave Theorist reviews several charts we published early in 2016. Here's one of those charts along with commentary from the new Elliott Wave Theorist:

The January and February 2016 issues of The Elliott Wave Theorist, written as stocks were plunging in highly volatile fashion, called for a bottom and labeled the stock indexes as having finished A, B and C of wave (4), a corrective formation dating back to the high of 2015.

In other words, our analysis revealed that the market was starting the next leg up.


Get the Free Elliott Wave Tutorial

Learn how you can apply the Wave Principle to improve your trading and investing in this free 10-lesson tutorial. You'll learn:

  • What the basic Elliott wave progression looks like
  • Difference between impulsive and corrective waves
  • How to estimate the length of waves
  • How Fibonacci numbers fit into wave analysis
  • Practical application tips for the method

Get Details and Instant Access

This article was syndicated by Elliott Wave International and was originally published under the headline The "Trump Bump" Was in the Cards LONG Before Trump. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules