darlag's threads
Stock market collapse is being caused by the subconscious mood of the herd
by
darlag
on 9 Oct 2014
1 comment, latest
8 months ago
You have often heard me say that it is "endogenous social mood", i.e., the subconscious mood of the collective herd that moves markets. It's not news or current events as ...
Deflation shuts down Australia's biggest coal producer for 3 weeks
by
darlag
on 15 Nov 2014
10 comments, latest
6 years ago
One of the characteristics of a deflationary economy is loss of production due to decreased demand. Initially, production losses result in wage reductions and/or reductions in the number of ...
Dow Jones Industrial Average -- Elliott Wave update for week ending 1/2/2015
by
darlag
on 5 Jan 2015
2 comments, latest
6 years ago
The Dow Jones Industrials have declined in a five wave structure since it peaked at 18103.40 on December 26th. This decline is in line with last week’s expectations at ...
25% of Atlantic City casinos gone -gambling becoming a thing of the past in NJ
by
darlag
on 12 Aug 2014
64 comments, latest
9 years ago
No buyers could qualify for the bankruptcy sale of Atlantic City’s newest luxury casino, the Revel. It will shutter its doors in September joining other once famous names like ...
S&P 500 Index -- Elliott Wave update for week ending 3/13/2015
by
darlag
on 14 Mar 2015
Posted 10 years ago
Stocks were down across the board for the second week in a row adding to the probability that a major market trend change has taken place. This week’s chart ...
Dow Jones Industrial Average -- Elliott Wave update for week ending 3/13/2015
by
darlag
on 14 Mar 2015
Posted 10 years ago
The Dow Jones Industrial Average is tracking very much in-step with the S&P 500 Index but I am using it this week to present a second alternate scenario for ...
U.S. Dollar Index -- Elliott Wave update for week ending 3/13/2015
by
darlag
on 14 Mar 2015
Posted 10 years ago
The U.S. Dollar has extended its fifth wave of Minute degree and carried to nearly par with the Euro. But its juggernaut run will be coming to an end ...
U.S. Dollar nearing point of correction - EW update for week ending 1/16/2015
by
darlag
on 21 Jan 2015
27 comments, latest
10 years ago
The U.S. Dollar Index is stretched and approaching the point where it will take a rest for a while. Dollar bulls are at an extreme which is a pretty ...
Take out a car loan to invest in the stock market? Crazy advice from CNBC
by
darlag
on 5 Mar 2015
Posted 10 years ago
Perhaps the most stupid and irresponsible advice I have heard lately, CNBC commentators talk with a stock market analyst who suggests putting your cash into the stock market instead ...
S&P 500 Index -- Elliott Wave update for week ending 2/27/2015
by
darlag
on 1 Mar 2015
23 comments, latest
10 years ago
The S&P 500 Index climbed slightly higher, fulfilling last week’s primary projection to complete Minute degree wave [v]. Both the Dow and the S&P 500 closed lower on the ...
Greenspan blames U.S. Government for economic problems, says Fed doing its job
by
darlag
on 27 Feb 2015
6 comments, latest
10 years ago
Former Federal Reserve Chairman, Alan Greenspan, told CNBC that the U.S. economy is the weakest it has been since just after the Great Depression. But it’s not the Fed’s ...
Great Britain on the verge of succumbing to the grip of (good?) deflation
by
darlag
on 18 Feb 2015
Posted 10 years ago
First, there is no such thing as good deflation. But one of the hallmarks of denial, as a deflationary depression approaches, is the tendency of economists, market analysts, pundits ...
Kaspersky Lab reveals more NSA spying programs bigger than Stuxnet?
by
darlag
on 17 Feb 2015
10 comments, latest
10 years ago
Yesterday, Russian cyber-security firm, Kaspersky, revealed and published the technical details of the ability of the National Security Agency (NSA) to eavesdrop on practically any computer in the entire ...
U.S. Treasury yields on the rise - 10 YR UST above 2.15% intraday
by
darlag
on 17 Feb 2015
1 comment, latest
10 years ago
The 10 Year U.S. Treasury yield decided to take one more crack at a new low earlier this month when it declined to 1.651%. But over the last 10 ...
S&P 500 Index -- Elliott Wave update for week ending 2/13/2015
by
darlag
on 15 Feb 2015
Posted 10 years ago
Since the beginning of the year the short term wave counts have been muddled at best. It’s time to step back and look at the bigger picture again. It ...
Youth employment a victim of deflationary pressures in Columbus, Ohio
by
darlag
on 13 Feb 2015
1 comment, latest
10 years ago
Few people yet attribute the chronic economic problems in the U.S. to a deflating economy, but for those that know what to look for, the evidence just keeps piling ...
BLS employment statistics are a "Big Lie" according to Gallup CEO
by
darlag
on 11 Feb 2015
8 comments, latest
10 years ago
Jim Clifton, Chairman and CEO of Gallup, offers a different perspective on the jobs data. His February 3 article on Gallup’s website was headlined, “The Big Lie: 5.6% Unemployment.†...
The Global Minotaur -- a metaphor for global economic problems by Greek FinMin
by
darlag
on 11 Feb 2015
Posted 10 years ago
Yanis Varoufakis, the new Finance Minister of Greece, has a very interesting view of how the current global economic problems developed and why they continue to get worse instead ...
Dow Jones Industrial Average -- Elliott Wave update for week ending 2/6/2015
by
darlag
on 8 Feb 2015
Posted 10 years ago
Little clarity was added to the overall picture from last week’s chart of the Dow Jones Industrial Average. The beginning of the coming week should start to make some ...
S&P 500 Index -- Elliott Wave update for week ending 2/6/2015
by
darlag
on 8 Feb 2015
Posted 10 years ago
The S&P 500 Index is still tracking the Dow almost move for move. Like the Dow, it continues to trace out an upward flat and may have turned downward ...
Strong dollar hurts U.S. exports, trade deficit largest since 2012
by
darlag
on 5 Feb 2015
1 comment, latest
10 years ago
The Commerce Department said today that the U.S. trade deficit jumped by 17.1 percent in the fourth quarter of 2014. At $46.6 billion dollars, the increase was the largest ...
New Greek government already making good on its anti-austerity promises
by
darlag
on 29 Jan 2015
101 comments, latest
10 years ago
As promised, the new Prime Minister, Alexis Tsipras and his SYRIZA government are rolling back fees, raising the minimum wage, re-hiring some of the public workers who were laid-off ...
Dow Jones Industrial Average -- Elliott Wave update for week ending 1/30/2015
by
darlag
on 1 Feb 2015
Posted 10 years ago
This week’s update finds the Dow Jones Industrial Average at a *critical juncture. There are always numerous possibilities for wave counts, but this coming week will be decisive in ...
S&P 500 Index -- Elliott Wave update for week ending 1/30/2015
by
darlag
on 1 Feb 2015
Posted 10 years ago
Like the Dow, the S&P 500 sports multiple alternatives for direction. As we predicted last week, the index continued its downtrend and all indications are that it will continue ...
It only takes two to Tango -- Everyone else can just watch
by
darlag
on 31 Jan 2015
Posted 10 years ago
I find it interesting that so few people understand how deflation affects the stock market. People seem to think that the vast majority of market participants, investors and traders ...
Dow Jones Industrial Average -- Elliott Wave update for week ending 1/23/2015
by
darlag
on 25 Jan 2015
3 comments, latest
10 years ago
Last week’s alternate count was apparently the correct count as the Dow Jones Industrial Average squeaked higher on the week, completing an almost three week long upward flat correction ...
S&P 500 Index -- Elliott Wave update for week ending 1/23/2015
by
darlag
on 25 Jan 2015
4 comments, latest
10 years ago
The S&P 500 Index looks to be in step with the Dow, completing an upward flat correction and setting the stage for a new downward trend to begin early ...
Whats Bigger Than a $1.4 Billion Mortgage Ratings Scandal?
by
darlag
on 27 Jan 2015
3 comments, latest
10 years ago
On January 21, one of the biggest financial lawsuits in recent history came to a costly end. The accused, ratings behemoth Standard & Poor’s, agreed to a $1.4 billion ...
G. Edward Griffin is still taking on the Creature from Jekyll Island (video)
by
darlag
on 25 Jan 2015
1 comment, latest
10 years ago
G. Edward Griffin must be one of the most feared and hated men on the Federal Reserve’s list of enemies. His expose of the quasi-federal agency was a best-seller ...
QE has worked so well in the US and Japan - why not try it in Europe?
by
darlag
on 22 Jan 2015
3 comments, latest
10 years ago
Mario Draghi, President of the European Central Bank, announced the ECB would buy $60 billion Euros worth of sovereign bonds each month, beginning in March and continuing until at ...
Elliott Wave theory predicted the unpegging of the Swiss Franc
by
darlag
on 18 Jan 2015
16 comments, latest
10 years ago
On Friday, the Swiss National Bank removed its peg from the Euro. The Franc immediately lost nearly 30% as currency traders all over the globe scrambled to make sense ...
Dow Jones Industrial Average -- weekly update -- Markets will continue downtrend
by
darlag
on 18 Jan 2015
1 comment, latest
10 years ago
The Dow Jones Industrial Average struggled this week along with the S&P 500 and the rest of the markets. Deflationary forces have drawn it lower and the coming week ...
S&P 500 Index -- weekly update -- Markets will continue downtrend
by
darlag
on 18 Jan 2015
Posted 10 years ago
The stock markets have finally begun to join the rest of the global assets which have already been sucked into the deflationary vortex. The last few weeks have seen ...
The State of the U.S. Markets online conference available this week at EWI
by
darlag
on 18 Jan 2015
Posted 10 years ago
Elliott Wave International is hosting an online conference on the state of U.S. markets. It is sure to be much more useful than the State of the Union speech. ...
Greek banks request financial help as systemic banks try to repel runs
by
darlag
on 16 Jan 2015
15 comments, latest
10 years ago
When depositors lose confidence in a banking system they will pull their money out the system to find a safer place for it. That is called a run on ...
How to Tame the Volatile Financial Markets - EWI report
by
darlag
on 16 Jan 2015
1 comment, latest
10 years ago
Elliott waves have followed the current downtrend better than any other kind of technical analysis. Fundamental analysts are still telling clients to buy the dips, which will turn out ...
Lets be Franc the Swiss Central Bank just went postal on the world
by
darlag
on 15 Jan 2015
6 comments, latest
10 years ago
Two years ago, at the height of the price of gold, the Swiss National Bank (SNB), Switzerland’s central bank, decided that it was necessary to cap the Swiss Franc ...
The Crisis in Ukraine: Whats Next?
by
darlag
on 15 Jan 2015
Posted 10 years ago
Social mood is another term for the shared inclination of a society. The conflict between Russia and Ukraine is a dramatic example of social mood in action as this ...
Canadian housing market is being sucked into the deflationary vortex
by
darlag
on 15 Jan 2015
Posted 10 years ago
Calgary housing prices have fallen below 2012 levels, falling oil prices are being blamed for the decline. According to the Teranet-National Bank Composite House Price Index, Calgary resale prices ...
Not since 1977 has the Labor Force Participation Rate been so low
by
darlag
on 9 Jan 2015
15 comments, latest
10 years ago
The Labor Department’s ability to fudge numbers must have candy factories all over he U.S. drooling. Today’s upbeat jobs report is just another month of shuffling statistics around to ...
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