Archive

Market Talk – January 29th, 2016

January 29, 2016

The BOJ certainly woke everyone up this morning having concluded their meeting with the expectation of negative interest rates. Within seconds the Nikkei leaped 700 points only then trade back then spent the final 90mins climbing to close the session … →

Dow & the Immediate View

January 29, 2016

The Dow needs a closing above 16350 to temporarily stabilize. Otherwise, we are not out of the woods here until we pass March. To suggest that the major low has been made, the Dow would need to climb over the 17750 … →

Crude – Is it Over? Or Just Another Fake-Out?

January 29, 2016

Crude has made a slight bounce, but it need desperately to close above $32.35 today just to pause. There is no change of a real reversal in trend here. Crude would need to closing above the $38.35 area just to … →

Mining Industry in Collapse

January 29, 2016

The mining industry is collapsing. Everyone expanded dramatically because they never expected China to stop buying. The loading up of debt is likely to get many companies in trouble. We may see the entire industry downgraded on a wholesale basis. … →

Gold the Bounce

January 29, 2016

Naturally, the gold promoters are out in force. The problem with their theories has always been that they are dead wrong. The REAL BULL MARKET will see the metals rise with equities. Right now, they focus on the stock market … →

Yes, We Were Hit Hard With Global Warming

January 29, 2016

Yes, we were hit hard with global warming. It’s just like I remember from when I was a kid and my father pushed me out the window to dig us out so that we could open the front door.