The following article is excerpted from a recent issue Elliott Wave International’s Financial Forecast. Elliott Wave International (EWI) is offering the full 10-page issue, entitled “The Most Important Investment Report You’ll Read in 2009,” free for a limited time. In addition to the following market commentary, it includes independent forecasts of stocks, bonds, metals, the [...]

After an anxious wait of two months, President Elect Obama will take the oath of office on Tuesday, to uphold the constitution, becoming the 44th president of the United States of America. Entering the position will surely not be an easy task, as U.S citizens are now looking more than ever, for an avant-garde, someone [...]

Many people investing get confused about a common term on the balance sheet called retained earnings. Retained earnings go under the shareholders equity and they ARE NOT cash. Many people think that retained earnings are cash because the formula for retained earnings is net income minus dividends paid. People think that this leaves only cash [...]

While using the PE Model to value shares is both easy and intuitive, there are a number of flaws with it. The most notable of these flaws is that many people value a share’s PE to an index or competitor’s PE. While this is useful for relative valuations and seeking relative value, the fact that [...]