With the exception of the Hang Seng (+1.4%) it was a relatively quiet day in Asia having digested the BOE move and anticipation of US NFP’s data and ahead of the weekend. Late in US trading futures have responded to the global stock rally (as a result of the US numbers) and are currently trading […]
The bulk of the people remain bearish yet always call for a major crash. All I can say is that the patterns are not anything like what these people as saying that a 9-day straight decline is always followed by a crash. The market is by no means over bought or in some dangerous extended […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/08/Paris-Bus.mp4 The refugee crisis in Europe is just exploding from killing priests during a mass to raping girls in swimming pools. In Paris, a bus was stopped by a makeshift barricade and then set on fire by a group of young men shouting, “Allahu Akbar!” The young men constructed a barricade in the middle of the road […]
Awareness of government corruption is rising on a global scale. This is all part of the private wave that peaks in 2032.95. We are experiencing the complete craziness of a collapsing government. Hillary Clinton is the classic example. Compared to Richard Nixon, who had to deal with 18.5 minutes of recorded conversations that were allegedly […]
QUESTION: Marty; Some people are calling for a 1987 crash now because the Dow has declined for 9 days and that is a prelude to a crash. Is there any validity to this pattern? ANSWER: No. The technical support clearly lies at the 18110-18120 level. This should be a normal retest of that support. […]
A bounce late in the US saw overnight gains for the Nikkei (1%+) with the Hang Seng and Shanghai. All pretty much well behaved for thin summer trading and it was we were looking forward to both the Bank of England and tomorrow Non-Farms report. Many dealers pointed to the turnaround for the price of oil but […]
There is a story running that deceased Special Agent Barry Lee Bush, who was shot and killed on April 5, 2007, was arrested for breaching the Trump Tower with the intent to assassinate Trump. This story is by no means true. The real story is that retired NYPD officer Anthony Shark was charged with assaulting Secret Service agents. […]
