Deflationary Forces Stymie the Fed's Economic Rescue Efforts

By Elliott Wave International

The Federal Reserve's efforts to rescue the economy have been historically aggressive, starting with the initial round of quantitative easing in 2008 and continuing through 2013.

The central bank's assets have skyrocketed due to the Fed's bond purchases, which you can see clearly in this eye-opening report that Robert Prechter presented to the Market Technicians Association and his Elliott Wave Theorist subscribers.

Editor’s Note: Visit Elliott Wave International to download the rest of the 8-page, free report, How to Protect Your Money When the U.S. Debt Bill Comes Due.

Continue reading "Deflationary Forces Stymie the Fed's Economic Rescue Efforts"

Fill in the Caption ...

Leave a comment on what you think would be the "perfect caption" for this photograph of Angela Merkel, Chancellor of Germany since 2005, and the leader of the Christian Democratic Union (CDU) since 2000. She is the first woman to hold either office. Here's my caption:

“Just wait till I see Obama”

Fill out a caption on what you think Angela Merkel is thinking and you'll have the opportunity to win a really cool INO.com thumb drive. Enter as many captions as you wish and have fun. Team INO, will pick out the top three captions and post them along with the names of the winners this weekend. Good luck.

Gold Chart of The Week - Bulls vs. Bears

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

While the markets are packed with data throughout the week, the most important numbers will come on Wednesday when the FOMC releases their Interest Rate Decision. We will also hear from the Bank of Japan later in the week, but that report is scheduled as tentative at this point. Aside from these two Central Bank announcements, we expect the scheduled data that includes unemployment, CPI, PPI, Industrial Production, Home Sales, and Retail Sales data to take a back seat. Continue reading "Gold Chart of The Week - Bulls vs. Bears"

All eyes on Apple as Twitter takes to the road

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 28th of October.

After the bell today, Apple (NASDAQ:AAPL) reports its earnings and this could be a real bellwether report for the market. With all of our technical indicators pointing in a positive direction, I believe that earnings will be on par or better than expected. I continue to rely on the Trade Triangle technology to stay in this market. Upside objective for Apple (NASDAQ:AAPL) continues to remain at the $580-$600 level. Continue reading "All eyes on Apple as Twitter takes to the road"

3rd-Quarter Earnings Season: What To Watch For

Throughout the summer, investors were treated to a steady drumbeat of sobering news.

Retail sales were flattening out. China and other emerging markets appeared set to consume less of our exports. The steady implementation of the budget sequester was leading to a drop in government spending on technology and services. And many companies showed a lot more interest in buybacks and dividends than capital spending, which is a sure a sign of CEO pessimism.

So how do you explain the surprisingly robust profit picture being delivered in the current earnings season? Continue reading "3rd-Quarter Earnings Season: What To Watch For"