Archive

Market Talk- October 20th, 2017

October 20, 2017

The opening conversation in Asia was that of the impressive bounce the US markets had attained by close of business. Many Asian traders had left their desks Thursday with the DOW futures down over 130 points with fears spreading that we could see a repeat of the October ‘87 crash. As a result of the […]

Dow & the Euro

October 20, 2017

Our Capital Flow models have been spot on showing the strength of the rally in the Dow is driven by foreign inflows. We have moved right up to the Weekly Bullish Reversal in the Dow in Euro Terms. If we elect this today, expect a sharp rally to test the top of the channel we […]

October 19th – 30 Year Anniversary 1987 Crash

October 20, 2017

COMMENT: 30 years ago today I was sitting in a brokerage firm in New Castle Pennsylvania on a personal computer that had 720 K of RAM and ran at 1 GHz watching the market and sitting looking at the charting. Prices on stocks were running between 15 and 30 minutes late, nobody knew what was […]

Left Opposes Lowing Taxes on Rich in France to Bring them Home

October 20, 2017

An online petition from the left in France is demanding that Macrone tell the “truth” about the tax rate the top 100 French will be taxed. They refuse to look at economics and insist that whatever wealth the rich have really belongs to them. Naturally, they have already gathered more than 10,000f French signatures demanding “truth” […]

Canada’s Hunt For Taxes Turns on Minimum Wage Earners

October 20, 2017

The hunt for taxes has turned to employees of companies. Any benefit you give an employee is considered “soft-income” and is to be taxed. In the USA, the maximum value of a gift I can hand an employee is $25. I can’t even give them a decent bottle of champagne for New Years. In Canada, […]

The WEC & How to Trade a Vertical Market

October 20, 2017

QUESTION: Will this WEC include a training section on how to trade a vertical market? Thank you ANSWER: Yes. We are embarking on what will be probably the most difficult trading opportunity of several generations, not merely a lifetime. You will have to grasp how markets act and understand that fully to make sure you […]