Archive

Market Talk – August 19, 2016

August 19, 2016

The Nikkei did manage a positive close for the end of the week but finished down just over 2% on the week. The JPY continues to play around the par level until the stock markets decide their direction. Shanghai and Hang Seng closed mixed in thin summer trading in what can only be described as lethargic trade. With […]

California to Criminalize Taking Undercover Videos

August 19, 2016

  California is about to pass a law that is so totalitarian and anti-citizen, you really have to question what the hell is going on. This new law will criminalize any undercover investigative videos of all “health care providers.” That means, even a local TV cannot make an investigation of a nursing home for abuse. […]

Central Bank Intervention Against the Dollar

August 19, 2016

In the first six months of the year, the raw data has shown that several central banks have been selling US government bonds in an attempt to support their currencies against the dollar. This has come in part at the request of the United States, exactly as took place back in 1985 at the Plaza […]

Knee Jerk v Spike v Temp v Reaction Events

August 19, 2016

QUESTION: All energy says spike low on monthly global market watch. Now we had a correction from 52 to $39 so that qualifies but we also had a rally from 39 to 47 so does it still qualify? If Socrates uses the last data point 47 it would not be a spike low  but if it accesses […]