COMMENT: Marty, the gold bugs are at it again desperately trying to say you are wrong as always and just misrepresent whatever they can. They acknowledge you called for new highs in the Dow, but claim even that was not until 2013 when I read about your forecast back in 2011 in Barrons. They seem […]
As we continue to digest news that Trump may well be leading in some polls, the nervousness surrounding markets is apparent. However, that is the case for international markets where Asia saw the Nikkei and Hang Seng lower by around 1.5%, whilst the Shanghai lost just 0.6%. We even saw a rally in gold of […]
QUESTION: Mr. Armstrong; So many people keep calling for a stock market crash. At the same time, it has hung on to the 18000 level in the Dow for dear life. Do you see such a devastating crash as even possible? PJ ANSWER: No possible way. Retail participation is at near record lows. It has […]
Crude rallied during October reaching the $52 level. Yet for the close, it crashed and burned on the last day to AVOID a buy signal at $49.35 level. We bounced off the first Downtrend Line, which now stands at $51.86 for November. This is what I mean about the hidden order within markets. This has […]
An extremely quiet start to what has potential to be an explosive week. Asia was the first market to react to the FBI story that broke over the weekend and after the initial wobble all exchanges bounced to close moderately under Fridays closes. Data released today was not so promising with Industrial Output and Retails […]
Headine: Democrats should ask Clinton to step aside I fully agree from my “opinion” perspective that Hillary is a disgrace and she should step aside and Joe Biden should be the Democratic Candidate. Americans have “become so numb by the decades of lies and cynicism oozing from Clinton Inc. that it could elect Hillary Clinton as president, […]
Justice officials Attorney General Loretta Lynch and Deputy Attorney General Sally Yates disagreed with FBI Director James Comey’s decision to notify Congress about the bureau’s review of Hillary emails. Both did not agree playing it technical whereby the Department of Justice (DOJ) does typically announce they are investigating something. Of course, NY State did so with […]
The Nikkei continued its march despite the weakness seen in other Asian markets as currency continues to be the counterbalance. In late morning trade we did see a retracement back towards unchanged level but that was short-lived and as soon as the afternoon session resumed trading the buyers lifted it again and we closed […]
The markets are coiling and do not know what to make of all the scandals being released. A Reuters polls shows that 70% of Republicans believe the election will be rigged. This is what the computer has been projecting that 2015.75 was the peak in government. Trump has risen to the top not for any […]
