COMMENT: Marty; I have attended every conference since 2011. You have really opened my eyes and you have to be blind not see that you have called every trend from the decline in gold, rally in the Dow, collapse of Europe, the rise in the dollar, and the uptick in war/civil unrest not to […]
QUESTION: Hi Martin Since you have a detailed grasp of world history. Can you provide any insight to any parallels with Trump’s election to any period in the past. PS- Thanks for the great insights on gold and the DOW. ANSWER: There are countless parallels, far too many to list. Many are partial and others are very […]
Our computer has been doing a fantastic job forecasting BREXIT, then Trump and that Hollande would not make the final round for elections in France. But why are these events even important? No it is not that Trump will save the day. He will perhaps help give the USA some breathing room. But the collapse […]
More strong Japanese data pushed the Yen lower which in turn saw a 1% rally in the Nikkei, exporters and Japan Oil Exploration leading the spike. Obviously, tomorrows US numbers will dictate trading Friday but then we do have the Italian vote Sunday and ECB next week. China also had encouraging data pushing the Shanghai […]
Been a crazy day for many markets today but stocks have not really been one of them! Oil was the crazy sector today following yesterdays 7% price decline today we saw a healthy 9% appreciation on news OPEC plans a production cut. However, that was not until late European trading so lets just recap Asia […]
Asia had a fairly quiet trading day but ahead of so much market moving content this week it really should not be such a surprise. Nikkei closed almost unchanged at -0.13% but that was a healthy performance given the uncertainty drove the dash back into safe havens again, notably the JPY. The Yen traded from […]
Early gains were eroded having seen an in-line CPI print but the weekend book-squaring turned sentiment to settle just under the weekly highs. The currency continues to decline with the Yen trading 113.50 for the majority of the session having rejected the 114 figure change earlier in the day. The Shanghai and Hang Seng indices […]
QUESTION: Marty; you said at the cocktail party that there are four level of time within each major level of time from daily to yearly. You said that trading results depend upon how you use the model for it is not a one dimensional model so people trying to compare trading results are usually lost. […]
The Yen weakness continues to off-set the Nikkei strength with today breaching the 113 level and spending most of the day trading weaker. The Nikkei rallied closing up 0.9% with exporters leading the gains given the currency play. Volumes were light but then that should have been expected given the US holidays but we remain […]
