Archive

Market Talk – July 1st, 2016

July 1, 2016

The first day of the second half of 2016 and it starts with a whimper. Yes, The Nikkei and Shanghai were marginally better bid (China PMI marginally lower 50 v’s 50.1 previously) but with the Hang Seng closed there was really not that much to write home about. The Japanese data was a little better and we saw a […]

Euro Closes for June at 11095

July 1, 2016

The euro closed for June on the cash feed at 11095, which was just a hair under the May low of 11098. This is not a Reversal, but merely a technical indication of weakness. Support during July lies at the 10880-10810 area, and resistance begins at 11220 and 11440 with the major technical resistance way […]

The Clintons Always Play Dirty

July 1, 2016

Attorney General Loretta Lynch met privately with Bill Clinton on the tarmac in Phoenix. The claim is he just happened to see her plane and hopped on board to speak only about his grandchildren. In “The Forecaster,” Oliver Brown appeared who had been in charge of the law library in the New York prison. I […]

Hillary: The Most Devious Politician of All Time?

July 1, 2016

QUESTION: Mr. Armstrong; Have you ever met or advised Hillary Clinton? ANSWER: No. I was asked to meet with Bill when he was first elected in Arkansas after he invited hundreds of people for a dog and pony show. I declined. There is nothing I could advise Hillary on, for it is never about the country; […]

The Sixth Wave

July 1, 2016

QUESTION: Marty; You do realize you correctly forecast the takeover boom and the reversal in trend in 1985 followed by the peak of Japan to the day and the fall of communism with your 1989.95 peak in the ECM. Then with 1998.55 you forecast the collapse of Russia and were named hedge fund manager of […]

Can Rating Agencies be Trusted?

July 1, 2016

COMMENT: The manipulations of S&P indicate that these clowns’ output should be printed on absorbent paper. The point is exactly that this company and its directors have changed their rating based on anticipated events, and, given on the exact day as the Tory party’s leaders are being chosen, precisely in order to increase pressure on Britain’s […]

The Pound & BREXIT

July 1, 2016

COMMENT: Mr. Armstrong; I voted for remain. Contrary to the post of a very biased Brit, there is a “rift” and the person who arrogantly wrote to you clearly lives in another world. I have changed my mind and would vote to leave. What you simply wrote that Merkel made the decision on refugees by […]