That was interesting! Obviously well trodden ground now but the DOW futures were around 800 points lower at the time the Asian cash markets closed. The Nikkei was down over 5% on the day and as result of market bouncing in early US trading the futures are up over 900 points (5.75%). The Yen traded […]
Today was always going to be about the election with all markets anxiously awaiting any headline. In China we saw a smaller than expected Trade number but really was nothing to write home about. Also, we heard that foreign exchange reserves fell by $45.7bln to $3.121 trillion which was one of the largest declines this […]
The Euro soared to 113 and then crashed and burned to the 109 level. The Dow exceeded yesterday’s high but has not penetrated the previous day’s low. Gold had its reaction up to 1340 and fell back under 1300. Let’s get this much straight. Our computer is NOT showing a major change in trend because […]
This has been an INTERNET Revolution. The king is dead (establishment) long live the people. Socrates has done a fantastic job on these trends. It takes perhaps an unbiased computer to just see the trend and determine which way the people will go without having to call them up and ask. It keeps learning and […]
The total number of registered voters in the USA was 146,311,000 and the total ballots counted 128,843,000. In other words, 88% of registered voters voted. This is a record high historically or just about a revolution without guns. Even looking at the 231,556,622 who were eligible to register, that is 55.6%. Of course, Hillary had REFUSED to […]
We may have Trump as President within one Hour. The huge turnout was the key. The “deplorables” came out in force to take their country back. As long as the victory is overwhelming, it may be difficult to play this one. However, they can still try to claim this is a fraud organized by Putin. […]
The dollar should make a reaction to the downside with a Trump victory, which is totally illogical. We need a weekly closing ABOVE 11284 to signal some follow-through up to 11460 area. However, if Euro closes below 11197, then it’s all over and we will see the dollar rise, not fall. There does not appear […]
Our computer projected a reaction rather than a change in trend. In the Dow Jones Industrial cash Index, the major support lies down at 17330 area. The technical support lies at 17283 for next week as well. Many will expect the reaction to a Trump victory to be the same as BREXIT. Our computer is […]
