Market Talk – November 22, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 257.68 points or 0.68% to 38,283.85 • Shanghai decreased 103.21 points or -3.06% to 3,267.19 [...]
Dow & the Euro
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 have been pointing out and our ideal number in the 23,000 zone.
Welcome to the Vertical Market. This is like a party where everyone is drunk, nobody is having a good time, and they just can’t remember exactly how they ended up here.
The crisis building in Europe is having a profound impact as real money starts to move.
Latest Posts
PRIVATE BLOG – The Fate of the Euro
PRIVATE BLOG – The Fate of the Euro Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
European Leaders Determine to Destroy Europe – There goes the Euro
The skies are darkening over Europe’s economy and politics, all thanks to their determination to wage war against Russia. The euro is plummeting to its lowest level in two years. [...]
Europe’s Welfare State at Risk
European Central Bank President Christine Lagarde has warned that Europe’s bolstering welfare state is at risk due to its declining economic environment. Lagarde said the EU “will not be able [...]
