In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators. Italy’s government had to address the plight of Italian banks which now seems to be significant as both houses of parliament voted to create a state fund for bad loans. On Tuesday, the government announced that they planned to fund the money […]
Based on the cash, we can see that the Greenback has rallied sharply against the A$ but has not elected a yearly bullish as of yet. It did exceed that level intraday, but the fact that it failed to retain those gains warns that we are not looking at new historic highs for the dollar […]
From the outset, inside sources have relayed that Cruz is very disliked behind the curtain. His entire strategy from the beginning has been to be the last man standing against Trump. Cruz assumes the party will install him despite the fact that most really dislike him. All the exit polls show that more than half of […]
Obama is calling for worldwide tax reform as is his socialist IMF candidate Christine Lagarde. “There is no doubt that the problem of global tax avoidance generally is a huge problem,” Obama said. This whole issue focuses on people not paying whatever the government demands. It never addresses government squandering money. Obama went on to say, “We […]
The majority of voters who went to the polls in the Netherlands on Wednesday to express their opinion on the proposed agreement between the EU and Kiev have rejected it. The results of the vote show that 61% of the Dutch are against the agreement to strengthen ties with Ukraine. This is showing that the people […]
It really felt like a day of two-halves today after a lack-lustre Asian session and a weak European morning. The Nikkei was again a talking point (or at least the JPY was) but Shanghai too saw a bit of volatility as we flirted toward the 3k level early afternoon only to recover by the close. […]
The Dow failed to elect any Monthly or Quarterly Bullish Reversals. It did elect two of the three Weekly Bullish Reversals, leaving the 3rd intact. We provided these numbers previously, warning not to expect follow-through without electing all three. “In the Dow, we have a cluster of Weekly Bullish Reversals starting at 17680, 17750, and […]
The International Consortium of Investigative Journalists (ICIJ) has clearly targeted Putin, however, it is his aids rather than him personally who were revealed in the Panama Papers. The political agenda of ICIJ is called into question by this action. Icelandic Prime Minister Sigmundur David Gunnlaugsson resigned just two days after the papers were released. Reports say that 12 […]
Federal Election Commission records show that hedge fund billionaire George Soros donated $343,400 to the Hillary Victory Fund and poured a whopping $7 million into Priorities USA, the Super Pac supporting Hillary to further her occupation of the Oval Office. Donald Sussman of Paloma Partners also gave $343,400 to the Hillary Victory Fund and donated […]
Everything has a cycle. The difference between the Triple Crown and Villanova is that it was actually substantial. In the case of the Triple Crown, nobody won it in 31 years, and I was able to work out the cyclical pattern of the event. Each sports team has a different cycle. Therefore, in the case […]
