Having had an extremely quiet day Thursday with Thanksgiving holidays in the states, many kept an eager eye on China following yesterdays 3% share decline. We did see the repeated weakness for most if the day, but managed an impressive rally just ahead of the close to finish small higher (+0.1%). The talk surrounding tighter […]
COMMENT: Mr. Armstrong; I must congratulate you on a fantastic conference. You explained that the central banks were clueless and that the Quantity Theory of Money was wrong and was being misapplied. Your Vertical Market Report explains that there were two types of vertical markets and nobody has ever discussed them. Then this week, the […]
The Turning Point on the ECM is this weekend. We do happen to have a Directional Change next week in the Dow with the next turning point due the week of 12/04 and that is followed by the week of 12/18. What is most curious, is the fact that the Dow, Euro, Gold, and […]
The EU Commission is deeply concerned that Italy is under pressure to spend frivolously because of the upcoming elections. The EU is now scrutinizing Italy’s huge sovereign debt. Because of the vast size of the Italian economy, the high level of total debt is a major concern for the Eurozone as a whole. The EU Commission […]
