The close of a healthy week and the Nikkei manages a close above the 22k figure. It has been flirting with the 22 handle all week and finally takes the YTD close above 15% and the 1yr to 27%. Initially, the rally was helped by the weaker Yen, which earlier was trading 114.20. This […]
QUESTION: Martin, I am looking forward to attending the WEC next week in Orlando. I have a question about the ECM, stock market alignment, and a phase transition. I noticed that in a blog in 2014 you noted that a phase transition is usually 52 to 59 weeks. I also noted that the U.S. stock […]
COMMENT: Mr. Armstrong; It appears that politicians are attributing any change in the climate to human activity. They have simply either gone mad or just insane, seriously distorting everything to gain more power and taxes. Now Christine Lagarde said: “As I’ve said before if we don’t do anything about climate change now, in 50 years’ time we […]
China saw a mixed close with Hang Seng’s fall balancing Shanghai’s gain. Talk for China however, focused on reports that China may offer a two tranche 5 and 10yr deals having been absent from the markets for a while. At a time when yields are so low one would expect rather larger deals than is […]
Private Blog for the Dow – October 26th, 2017 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.
Many people have written in thanking for the more frequent Private Blog Updates. There is no schedule for these updates. They will appear as the markets dictate. So obviously right now they are necessary for the stock market rally for the United States.
The demand for cars has been declining rapidly in Britain and that is impacting German car sales rather sharply. All price levels in cars have been declining, not just the high end. The sales figures for small cars and the medium class have already declined significantly in the last few months. Now the losses are […]
The Maldives has introduced what may become the next innovation. Maldives Immigration has introduced a new type of ID card that replaces your credit card, passport, drivers license and healthcare insurance card all wrapped up in one. The next step will be to put this on a biochip and insert it into your skin so […]
China is moving rapidly to advance and take the lead in technology from the United States and they will accomplish that in the years ahead. China is moving very fast on every front. China is moving faster on quantum communications and computing and they are embracing real Artificial Intelligence that is being ignored by the powers that […]
As you probably expected, Asia opened firmer following the strong US performance. For the majority this remained the trend for the day but not for the Nikkei. Having seen 16 positive closes in a row, today was time for a rest. We saw some profit-taking and a reversal after the strong open, eventually drifting close […]
