Russia to Test Missile off the Coast of California Tomorrow
Putin keeps trying to warn the American Neocons that they are playing with World War III, which will be nuclear. They issued a Notice to Air Missions (NOTAM) that they [...]
US Share Market Meltdown?
Everything is still on track for a pullback. The Dow Jones Industrial Average closed at a 14-month low on Thursday, the second consecutive day of sell-offs after the Federal Reserve announced its fourth widely-anticipated rate hike of the year. Interestingly, despite the fact that the rate hike was expected, the Fed’s revised outlook for a cooler economy stoked overall fears about a slowdown coming 2019-2020. There are also concerns over the government shutdown threatened by President Trump and the continuing trade tensions with China worried investors. Of course, none of these issues are really long-term bearish factors. Our model has been pointing to a correction given the NASDAQ peaked in August, S&P500 in September, and the Dow in October showing a great disparity between domestic retail v professional investors against international. The market has still not breached important support levels.
We will provide a PRIVATE BLOG update for the morning
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Market Talk – May 16, 2024
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 534.53 points or 1.39% to 38,920.26 Shanghai increased 2.50 points or 0.08% to 3,122.40 Hang [...]
Dow Passes Record-Breaking 40,000 Midday – Jan 2020 Forecast Comes to Fruition
The Dow surpassed 40,000 during midday trading for the very first time this Thursday. In a January 2020 interview with Andrew McCreath from BNN Bloomberg I explained that the Dow [...]
Will Biden Debate Trump?
The WORLD would love to see Donald Trump and Joe Biden square off in a debate. The American people deserve a fair debate and it is absolutely preposterous that the [...]
