Robert Prechter: Market Forecast 2024

Рет қаралды 80,252

Foundation for the Study of Cycles (FSC)

Күн бұрын

Robert Prechter: Levitating Optimism in the Stock Market
🌎 Register FREE Financial Cycles Summit: cycles.org/cycles-summit-2024...
🌎 Sign up for the FREE FSC Community Newsletter: cycles.org/free-newsletter/
Market Forecast is the FSC’s premiere event of the year. Market Forecast 2024 took place on January 9 to 11 and featured six leading experts and trading professionals who have become legends in their fields. They shared their invaluable insights on markets for the coming year.
Questions or comments? Leave a message in the comment section below.
____________________
Become a Cycles Insider
🌎 Sign up FREE for FSC Community Newsletter: cycles.org/youtube-signup/
____________________
Playlists:
✅ Cycles TV: • Cycles TV
✅ Viewers' Favorites: • Viewers' Favorites
✅ Market Cycles Report: • Market Cycles Report (...
____________________
🌎 Connect with the FSC:
Subscribe to our free FSC newsletter: cycles.org/youtube-signup/
Website: cycles.org/
X (Twitter): / studyofcycles
Facebook: / studyofcycles
LinkedIn: / foundation-for-the-stu...
🌎 Share this video: • Robert Prechter: Marke...

Пікірлер: 178

@FSCtv 2 күн бұрын

🌎 Register FREE Financial Cycles Summit: cycles.org/cycles-summit-2024-register-now/

@kortyEdna825 8 күн бұрын

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

@PatrickFitzgerald-cx6io 8 күн бұрын

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.

@NicholasHarmon-ow3jl 8 күн бұрын

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.

@foden700 8 күн бұрын

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

@NicholasHarmon-ow3jl 8 күн бұрын

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, ‘’Marisa Michelle Litwinsky’’ turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

@foden700 8 күн бұрын

Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

@user-cg4pi5fi9u 4 ай бұрын

Great mind-boggling charts. Although I am not a fan of EWT since 10 EWT 'experts' in a room will show 10 different outcomes from the same data I respect Mr. Prechter. I will deffo watch this again. Thanks very much.

@postscript123 3 ай бұрын

I used to get his newsletter before and around the 2008 crash. I read it and followed it religiously every week. And totally lost my shirt listening to him. It was devastating. Luckily I was still fairly young and I was able to start over again. No one should listen to him.

@plane_guy6051 3 ай бұрын

Perma-bears are a real PITA

@davesawchuk333 2 ай бұрын

and I lost my stock market loss virginity in the crash of 1987 thanks to rob prechter, but, hell if you can believe the crap that comes out of MAGA then people will believe anything

@janreichenbach265 2 ай бұрын

@postscript123, I wrote so numerous times. This guy called Prechter is bearish on the US stock market since 1987 ! Long term, the US stock market has an upward drift, that's why Warren Buffett and many other true greats suggest buying a low cost index fund on the S&P 500 and stick to it especially in lousy times aka a bear market. Reason ? US corporate earnings grow at around 7% a year, and stock prices will reflect this long term. The lower the US stock market falls in a crash, the better for someone who has cash on the side, because he'll realize a great entry point. Over EVERY 20 year timespan in history, US stocks yielded a positive return. Over 30 years, at least 7% a year, often more.

@tores6928 4 ай бұрын

You were so WRONG in 2022 about the direction of the market in 2023. It was the opposit of your "predictions".

@scottkann3554 4 ай бұрын

Wow. I've only ever seen one other video with the level of data that Bob has just shown. That was excellent. I'm a chart guy and I'm a profitable trader with a bit of confidence now but when I see Bob come on with all that great data, it really brings me back down to earth. Also picked up some really good charts that I never would of thought to look at. Bob McCleallan was the other video I seen similar to this video with the unique charts. Thanks for bringing this video to us. Brilliant.

@FSCtv 4 ай бұрын

🌎 Become a Cycles Insider. Sign up for the FREE FSC Community Newsletter: cycles.org/free-newsletter/

@618GOLDENRATIO 4 ай бұрын

They have been putting out the call for a big market crash for 2 plus decades, they will be right someday. But a broken clock is right twice a day. They have swayed my investing and it has cost me a LOT over 15 years waiting for the crash.

@MrDCMiami 4 ай бұрын

SAME HERE!! There will never be another stock market crash. It is now against the law and will never be permitted to happen again. The algos are there to ensure the market advances by a percent every day. Just look at the charts.

@kocn53 3 ай бұрын

Limit losses, let profits run.

@xilllllix Ай бұрын

why didn't you invert them if their service was costing you money?

@AH-gt4eq 4 ай бұрын

Thank you 🙏

@joseector648 3 ай бұрын

Entertaining....and great tool as a contrarían indicator.... always bear...like Michael Dent........

@Neutronjv100 3 ай бұрын

He is perma bear

@joniro3372 4 ай бұрын

Awesome analysis and very helpful. Thank you.

@user-hx9yw3ln4b 4 ай бұрын

Thank You !

@aristark559 4 ай бұрын

but also an important insight, after watching all these charts is, that these divergences can go on for a very long time... Thank you! great content

@Dragon26-Tiger31 4 ай бұрын

Thank you, what i would like to see is your alternate count for stock market since your prediction of 2023 top did not come to fruition

@dragonflydreamer7658 3 ай бұрын

Nothing to see here move on keep moving lol.

@michaelmallal9101 4 ай бұрын

We bought our studio in 2009, the depths of the GFC, with no competition to buy.

@nonshatter7 15 күн бұрын

I see many on here who are dismayed at Prechter and Elliott wave. I would suggest studying this thing to know it for yourself and not to rely on anyone else. It works but it ain't easy.

@EricMertz 2 ай бұрын

Excellent Presentation. Thank you.

@wannabediamondhand6490 4 ай бұрын

Really interesting stuff, but just have to remember these things can really drag a long time and 2026 could easily be the one if not now. Short term pullback should start soon at these levels if not bigger crash.

@Niels-be3ky 4 ай бұрын

Suppose banks are not safe, bonds are not safe. Money has to go somewhere, he doesn't understand that, that's why the stock market remains strong

@prolific1518 4 ай бұрын

Doesn't have to go anywhere. It's going to keep being allocated because fund managers make money from bagholders during a crash. Biden is buying an election and all the bulls liquidity is helping them.

@pmcllc1 3 ай бұрын

very good presentation!

@peterbarrett5496 4 ай бұрын

Why u squishing the chart to make the large changes look more scary and sudden. How about u use the entire X axis of the screen

@user-hb2ku5oq5r 4 ай бұрын

This is an important market player¡¡We are coming back to Keynes economic vision with gold standard included¡¡Economic cycles are like history:Always is changing ¡¡

@7minutosconlabiblia145 4 ай бұрын

Very informative!

@neuromax3766 3 ай бұрын

Robert is constantly amazed by the highs and ratios that he sees compared with historical norms. It's like he's speaking over the internet but doesn't realize how this rapidly evolving medium effects the momentum of social mood.

@Canadian_Eh_I 4 ай бұрын

lol that hemline indicator part was hilarious ! Enjoyed

@prolific1518 4 ай бұрын

😂

@Fred-ql3gq 4 ай бұрын

The only pushback to this great video is demographics in the US. The baby-boom echo should be a tailwind to US equities for at least another decade. That is why we aren't looking at a long-term bear market for quite sometime. Other than that, great stuff here. Thanks.

@msims6054 4 ай бұрын

only correction Id make is that Bitcoin's rise wasn't a result of positive social mood, but more of a response to negative conditions stemming from the financial crisis of 08/09. Yes, speculation followed, but speculation is not the sole engine of BTC

@Sauletikaroliai 2 ай бұрын

Well done Team, recently found your channel by looking for the Benner cycles!!!

@davdep 4 ай бұрын

The problem today is so much money has been pumped into these markets, then you have the algorithms and Ai then mixed in with younger traders who think the only way is up.

@Notaslave1961 4 ай бұрын

Thanks for posting, I love Bob's logic, but he has been wrong as much as he has been right at many major turning points.

@alliedmastercomputer5407 4 ай бұрын

Why is theree always some moron like you in the comments? People like you ignore when he is actually right and highlight when he is wrong. That is like literally anyone trading the market. Please let me know who gets every major swing correct over 40 years. He has plenty of ones he got right over different charts

@ahmedfathelbab3442 4 ай бұрын

@@alliedmastercomputer5407 it is mostly the newbies to markets they have a wrong understanding about expectations ,predictions and outcomes just ignore them, 84% they gone in a year, 94% they gone by the 5th , the same percentage of how many traders lose money

@jerryadivar2917 4 ай бұрын

Great work thanks as always for your insights.

@dbehr4869 3 ай бұрын

The problem is Prechter's track record is very poor

@sergeyryabov3263 4 ай бұрын

Thanks for Prechter

@JamesG1126 4 ай бұрын

He's been bearish since 2008 and fighting the greatest bull market in history.

@joycekoch5746 3 ай бұрын

Thoughts on buying the 30 year Treasury in October 2024?

@Notaslave1961 4 ай бұрын

Great Interview! Bob is an icon for sure.

@iandyer5991 4 ай бұрын

Appreciate the information and I've watched many other interviews with Bob. However I have a minor critique which is that BTC actually topped out in November 2021, before stocks and NFTs

@christmas10023 3 ай бұрын

Currently There are other EW Theorists. Avi G for one. This was a trip down memory lane.

@nickroberts8735 Ай бұрын

Avi is better than Robert imo

@MickeyDonald 3 ай бұрын

I lost a ton of money in 2020 following his Elliott Wave newsletter service, anticipating his relentless bear calls amidst record QE. Take this with a BIG bag of salt.

@frv6610 2 ай бұрын

What do you follow now?

@MickeyDonald 2 ай бұрын

@@frv6610 McLellan oscillator, MACD, Fibonacci retracements, volume weighted resistance levels.

@ylegoff 4 ай бұрын

On a theoretical level this is very good, but there are some glaring problems. The main one being around 31:25 where March 2020 is a low because of a (venerable) four year + 1 month cycle (going back decades). Sure, but...no mention of COVID?!...way too abstract....

@Notaslave1961 4 ай бұрын

cycles TV is going to take over CNBC!

@arresthillary9502 3 ай бұрын

stop worrying about what you cant control and go enjoy your life folks it is nothing that hasnt happened before and it will happen again 'the Republic will survive

@RaniVeluNachar-kx4lu 4 ай бұрын

Often, there is this Out of the Blue event that starts the selling. February 2020 was set up by Covid-19. That short term Bear was great if you were brave enough to start buying in October of that year.

@prolific1518 4 ай бұрын

Yup as long Biden keeps debt spending a select few stocks will keep pumping and carrying the market.

@Elliott_Wave 3 ай бұрын

Robert always does a great job, but if he is wrong this time, he need to give up. his calls have cost the investment community huge losses and the price of his services are outrages. So many calls on THE TOP over the last 30 years plus and never correct...

@elsegreve9455 4 ай бұрын

Great ❤

@jbwentworthe6082 4 ай бұрын

Do you think the proliferation of "Financial" voices warning of a change in paper currency for digital has an unusual effect on stock investing ,? Thank you for this conversation. 2/3/24. 11:45 A M, est

@Ron-py7rt 4 ай бұрын

To Bob Prechter, Every day is a good day for a market crash. He's been predicting a crash for most of hus career. I lost so much $ following him & his cycle theory over many decades. Just being truthful.

@janreichenbach265 3 ай бұрын

You've got a new subscriber, me - the best thing to do is first and foremost remember that the US stock market, because of rising corporate profits, has a positive return to be expected in the future, around 10% per year. If you want to try your luck in active management, you need an edge that give you a return of > 10% a year, otherwise it's not worth your valuable time. Problem is, markets become increasingly efficient -> it's becoming more and more difficult to beat the S&P 500. If you realistically can't beat the S&P 500, simply invest in a lowcost index fund on it.

@jesselivermore2291 4 ай бұрын

market cap to gdp is also in a massive bubble, above 200%.... microsoft alone is the size of the german economy.

@blendedplanet 3 ай бұрын

40:41 Robin Hood gives me 5% on uninvested cash. How is this better?

@brianblessing8494 3 ай бұрын

The speed which some of the indexes particularly the DJI or the Nasdaq 100 are the stock weightings on the index, seeing how Appl has the greatest weight on the Nasdaq it can literally keep the index in the green on its own, for every $1 move in the apple price almost equates to a 100 point move on the index, alternatively with the DJI the United Health group holds a 8.91 % meaning a big move on this stock can also control the DJI regardless of other index stocks declining. This might explain why despite a lot of declining stocks provided the heavily weighted stocks on the index continue to go higher so to will the indexes.

@a.r.gentum6517 3 ай бұрын

How long is Warren gonna hold his Craapl before he dumps it? The DXY will pop along with the 10y yield. As soon as the FED cuts rates... the market crashes. The air is seeping out of the bubble right now; the smart money has been dumping (quietly) on the pension funds, the 0DTEs, the BTFDers, the sheepies, the hedgies, and FOMOs without "moving the needle" too much, "yet." The FED and Janet Yellen were set up to fail in 2009. The bigger the boom, the BIGGER the BUST.

@markgrotto7852 4 ай бұрын

I left after he said BTC topped Jan 2022. Not true

@GoogleHerouxMA 3 ай бұрын

Presenting very interesting and common sense

@SkankHuntForty2 3 ай бұрын

But Mr. Market has no common sense.

@captivesojourner 4 ай бұрын

this man is an Elliot Wave OG

@HailCaesar-lm4bq 3 ай бұрын

World crashing , money moves to USA 🇺🇸 what I think it does to markets ?

@holyshishkabob12345 3 ай бұрын

My takeaway: Buy the dip in April. Then buy again 4 years later.

@frv6610 2 ай бұрын

Why dip in April?

@holyshishkabob12345 2 ай бұрын

4yr cycle low. 2016, 2020, and now 2024 in April

@holyshishkabob12345 23 күн бұрын

3 month update: SP500 is up 10% as of May 15, 2024

@kamdianatkhah843 4 ай бұрын

He has been wrong on market direction since 1987 with exception of 3-4 year. I know because I was his subscriber...My devil cycle from 1993 points to a massive interest rate increase/housing and stock collapse..I will give it 2-3 week to another 6.5 months. Sure thing commodity trading from Larry Williams.

@frv6610 2 ай бұрын

Who do you follow now?

@valueray 4 ай бұрын

those guys forget everytime we got way more money in the system -> therefor: this is all completely WRONG !

@frv6610 2 ай бұрын

But M2 is less now I guess

@jploeg8862 3 ай бұрын

We're in the early stages of a global hiyper inflation, stocks won't drop while governments are printing currency. If the USA balances its budget, stocks will crash down...

@arresthillary9502 3 ай бұрын

yes. take a look at what hyper inflation did to Venezuela's stock market its not about the country or the market, it is about money flow if you think it will be worth more tmro, people buy it hand over fist

@thach0x0 3 ай бұрын

Entirely agree on overweight treasuries bonds . Am not sure of Bitcoin .the Old generation prefers gold and the young generation prefers Bitcoin(block chain technology) I am 63 years old . The vast majority of the experiences investors like myself is cautious on what goes on with the equity market . There is a possibility of risk off assets shifting more towards Bitcoin than gold .I think we must also look at the weight of money .Most institutional investors have increased the positions of gold since 2020,pre pandemic. They have just started increasing Bitcoin assets since several new ETFs have been listed in the stock exchange . I like gold but like more Bitcoin as a new asset class in case of next downturn .

@kchance888 3 ай бұрын

Unfortunately Bob has been wrong a lot more than right .

@janreichenbach265 4 ай бұрын

I simply copy & paste from what I wrote already, "Robert Prechter has to be one of the all time greats in terms of market timing and presenting profitable setups .... NOT ! He bascially became a perma-bear for US Stocks after the crash of 1987, warned endlessly of a big bear market. Had an investor followed the advice he gave in his Elliot Wave newsletter, he / she would have lost her last shirt. How this guy can still make predictions and get accolades for it is completely anathema to me. I think Robert Prechter has zero, read, ZERO, credibility as a market analyst and feel downright sorry for people who follow his advice !"

@kocn53 3 ай бұрын

In 1988 he discovered the trove of people who will pay to read bad news all the time, don't care whether or not he is right. He's been selling to them ever since. This is an easy trick, well known in the newsletter business.

@arresthillary9502 3 ай бұрын

he seems to not understand that in a debt based, inflationary(by mandate) economic system, "stuff" increases in value the banks own the world and they only win when their assets increase in value. not deflation. thats why they will NEVER allow deflation

@plane_guy6051 3 ай бұрын

There's a number of these perma-bear guys who make money selling newsletters to chicken shits who are too nervous to put their money into the stock market. Peter Schiff is another one and I think he has some racket selling gold so he's always whining about how the market is on the verge of crashing and so the few times it has, he's crowed at the top of his lungs about how he accurately 'predicted' it. Such horse shit.

@mr.g1758 4 ай бұрын

I find the negative comments about Prechter on here to be more confirmation of a looming market top. Denial is part of the emotion that sets in prior to every bear market, and when ever the slide begins those optimistic traders will be the last riders on the Titanic.

@sampad2973 4 ай бұрын

Better watch uranium mining stocks😊

@yupingsun40 4 ай бұрын

sorry, I think the wave theory is just a fun math game, did not work, and will not work in the future. Do not waste time on such thing unless you really enjoy the beatuful wave charts.

@gregmorello4267 4 ай бұрын

Technology has destroyed all these models. One should proceed with caution.

@prolific1518 4 ай бұрын

Noob

@davesawchuk333 2 ай бұрын

omg is he still a thing

@michaelmallal9101 4 ай бұрын

Taylor Swift wears reveling costumes. Using gold as a benchmark is insightful.

@techy937 2 ай бұрын

Sure looks like the btc chart

@janreichenbach265 4 ай бұрын

As an aside, please keep in mind that America has some of the world's most profitable companies, and future earnings are of course what determines the fair value of stocks today. Look at what corporate earnings have done in the past 100 + years ... and you can guess what they'll in the future. The longterm stock market trend is UP in the United States, it silly to forecast crashes / big corrrections. They will come, without a doubt, but cannot be forecasted. Robert Prechter, PLEASE stop making predictions about anything.

@markgregory763 2 ай бұрын

Shouldn't you factor Covid into "what the market did?"

@mikew.6737 4 ай бұрын

A perpetual doom and gloomer since 1980.

@LiberatedMind1 4 ай бұрын

You poor bastard, you're gonna get wiped.

@MadWaloo 4 ай бұрын

47:35 “Bitcoin has no intrinsic value.” “You can’t put it in a flower pot and smell it.” Bitcoin is software that allows you to store & send wealth through the internet. Just as email is software that allows you to send communication through the internet. Software is what allows you to make a phone call wirelessly anywhere around the world. Are you saying there is no intrinsic value to any of these technologies?

@prolific1518 4 ай бұрын

No intrinsic value and you're going to be taught a hard lesson about your speculative risk asset

@danieldykstra4100 3 ай бұрын

They wont even admit bitcoin has a limited supply you are wasting your breath talking to luddites about utilitarian value or characteristics and quality of money regarding BTC

@prolific1518 3 ай бұрын

@@danieldykstra4100 happy bagholding

@rexleidig3412 3 ай бұрын

That's OK. Some peeps bought at 100. Sold at 50,000.

@arresthillary9502 3 ай бұрын

i painted a picture. there is only ONE of that piece of art. it is limited supply. NOBODY wants to buy it. it is worth ZERO limited supply means nothing if there are even less people that want to buy it the government can end bitcoin anytime they want@@danieldykstra4100

@RaniVeluNachar-kx4lu 4 ай бұрын

Another interesting trigger event may well have already happened in China, with the Collapse of the Real Estate Market there, and the State City lenders massively in the RED. That whole economy, which some say is the #2 economy of the World, if that were to collapse, you know massive unemployment, hunger and panic and suffering that could start to spill over into the Countries that Rely on China the BRICS and the Belt and Road Countries. It could be that trade has to be collateralized with hard assets, even going back to the GOLD STANDARD. What would that do to the price of Gold? Multiple Expansion?

@LiberatedMind1 4 ай бұрын

BUY PUTS

@mikepasatieri502 2 ай бұрын

the final blow off top is later this year, late 2024.

@nicholasjackson2216 4 ай бұрын

Smart guy & I tend to agree with 90% of the analysis. However, he couldn’t be more wrong about $BTC. $BTC IS hard money without the cumbersome analog attributes of its gold counterpart. A transparent, anti fragile, permission-less ledger system. Like any asset, the value is determined by what someone is willing to pay for it. In an era of reckless monetary debasement, people yearn for an asset to keep pace with dwindling purchasing power. That asset is Bitcoin.

@jerryware1970 4 ай бұрын

The network has intrinsic value which is based on the number of transactions. To justify a higher price people must start adopting it as a payment system especially in third world countries where financial intermediaries aren’t acceptable by the general public.

@DathanChea-vh9nl 4 ай бұрын

MKT continues to break into upside but he has been calling for rally selling. Very wrong indeed!!

@cavokmc 4 ай бұрын

What a broken record, he's been predicting a crash for 2 decades. Hard to believe he has any clients at all.

@LiberatedMind1 4 ай бұрын

2 decades? Well then he has been right thrice 2008, 2020, 2022.

@Raapatrolsdotorg 4 ай бұрын

IWT= Idiot wave theory, he's been able to make a living from his Theory there are many top Traders who poo poo his work

@Raapatrolsdotorg 4 ай бұрын

I was a subscriber to Elliott wave Theory until I asked for their track record of predictions they had no track record unlike the few top Traders who call them idiot wave Theory

@Raapatrolsdotorg 4 ай бұрын

55 minutes of comedy, thankyou

@LiberatedMind1 4 ай бұрын

@@Raapatrolsdotorg Check back in 6 months.

@Qartal77 4 ай бұрын

Robert Prechter is a genius. Elliottwave is one of the strongest analytic methods of the markets.

@janreichenbach265 4 ай бұрын

LOL ! This guy is bearish on US equities since 1987 !

@MrDCMiami 4 ай бұрын

One commentator called it "the best predictor of the past that I've ever seen." It's a brilliant comment because whenever a practitioner is wrong, they relabel the waves.

@TrueDat 4 ай бұрын

@@janreichenbach265 THAT really IS Funny !

@christmas10023 3 ай бұрын

😂