It really felt like a day of two-halves today after a lack-lustre Asian session and a weak European morning. The Nikkei was again a talking point (or at least the JPY was) but Shanghai too saw a bit of volatility as we flirted toward the 3k level early afternoon only to recover by the close. […]
The Dow failed to elect any Monthly or Quarterly Bullish Reversals. It did elect two of the three Weekly Bullish Reversals, leaving the 3rd intact. We provided these numbers previously, warning not to expect follow-through without electing all three. “In the Dow, we have a cluster of Weekly Bullish Reversals starting at 17680, 17750, and […]
The International Consortium of Investigative Journalists (ICIJ) has clearly targeted Putin, however, it is his aids rather than him personally who were revealed in the Panama Papers. The political agenda of ICIJ is called into question by this action. Icelandic Prime Minister Sigmundur David Gunnlaugsson resigned just two days after the papers were released. Reports say that 12 […]
Federal Election Commission records show that hedge fund billionaire George Soros donated $343,400 to the Hillary Victory Fund and poured a whopping $7 million into Priorities USA, the Super Pac supporting Hillary to further her occupation of the Oval Office. Donald Sussman of Paloma Partners also gave $343,400 to the Hillary Victory Fund and donated […]
Everything has a cycle. The difference between the Triple Crown and Villanova is that it was actually substantial. In the case of the Triple Crown, nobody won it in 31 years, and I was able to work out the cyclical pattern of the event. Each sports team has a different cycle. Therefore, in the case […]
