Richard Schwartz's PRINCIPLES OF THE STOCK MARKET A learning, teaching, always evolving stock market letter and advisory service Eighteenth Consecutive Year of Publication ; Letter #1; September 18 th , 1990 Post Office Box 1236 · New Paltz, New York 12561 - U.S. A. · (845) 255-6894...
COMMODITY VIEW . Oil Rally Begins. Elliott Wave theory, originally produced by R. N. Elliott in the early 1900s, and now carried forward by Bob Prechter, past #1 market guru, basically says Elliott waves or complete market movements come in threes. Well, to more accurate, Elliott says movements really...
Richard Schwartz 's PRINCIPLES OF THE STOCK MARKET A learning, teaching, always evolving stock market letter and advisory service Seventeenth Consecutive Year of Publication ; Letter #1; September 18 th , 1990 Post Office Box 1236 · New Paltz, New York 12561 - U.S. A. · (845) 255-6894...
TECHNICAL VIEW . Written Friday, August 1st, 2008: 6:30 a.m. EST With the S&P 500 closing just above it’s week ago Wednesday’s close this past Wednesday and the Nasdaq Composite following suit, we have a series of higher lows and higher highs in both, i.e., an uptrend in place. So I was...
PORTFOLIO STRATEGY This year’s mid-March to mid-May bear market rally was the first rally versus the new primary bear market downtrend. Usually the first rally is the best rally (just like the first loss is the best loss) because many investors believe the bull market still lives and thus it’s...
UPDATE ON THE STOCK MARKET . Witten Friday, June 20th, 2008: 6:30 a.m. Looked to me like yesterday’s stock market rally was a knee-jerk reaction to China announcing it was going to raise oil prices by 17%. Crude dove on the news while stocks jumped. But if one thinks it through, is China raising...
TECHNICAL VIEW . The Fan Principle . Cataloged under my Principle of Technical Analysis . Or more simply put, how the stock market communicates if not actually talks with us. Yep, the previously, very helpful technical indicator, the Fan Principle may be back in play. Remember how it helped us get into...