Palestinian Refugees Heading to America
To the surprise of none, President Joe Biden is considering allowing Palestinians to seek refuge in America. Technically, they could already come here; anyone and everyone could come here, as [...]
The May Turning Point
COMMENT: It is interesting how your model picks the timing for a turn in the market as of May yet it leaves us guessing as to what the fundamental will be. Very interesting to say the least.
Fantastic event in Rome. The cocktail party was the best view of Rome ever!
Cheers
HKD
REPLY: The fundamentals really do not matter. What I have come to understand is TIME is everything. The market will turn on these targets regardless of the fundamental. It is simply a turning point in human emotion for maintaining a given trend. They will exit a trend regardless of the news. How many times have we seen bearish news ignored in a bull run or bullish news ignored during a bearish decline? It is only a matter of the length of a rally or decline.
Latest Posts
The UK Will Deport Migrants to Rwanda
Prime Minister Rishi Sunak finally has the power to bypass the European Union courts and tackle the UK’s migrant crisis. About 1,843 illegal immigrants crossed into the UK in 2019, [...]
US Home Prices Nearing All-Time Highs
Home prices in the US are near all-time highs. As I repeatedly stated, we can no longer look at real estate on the national level. Demand and value are contained [...]
Market Talk – May 2, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 37.98 points or -0.10% to 38,236.07 Shanghai closed Hang Seng increased 444.10 points or [...]
