Portugal is starting to bail-in banks. The fascinating aspect that nobody seems to see is that this is a total failure of socialism. The U.S. Federal Reserve was formed in 1913, with the shareholders being the banks, to provide the … →
We did NOT elect the Weekly Bearish today in the Dow Jones Industrial Japan tried to hold overnight gains but by the time the rest of the Asian markets opened it was too late and the selling pressure just increased … →
We added some additional modifications to the Trader preview site that will go up this weekend. As mentioned, the Trader preview is a special promotion for 2015 World Economic Conference attendees. We are also planning on providing commentary for each … →
The key level to watch today is 15940 for the close. This is our Weekly Bearish and if it holds for the closing, then we may see a bounce next week. We have Directional Changes every week now into the … →
In China, the Shanghai share market broke its major psychological support at 3000. The selling pressure has continued to expand on time here in January as oil also broke its major psychological support at $30. These levels are not really important, … →
There was a time when a 2% price swing used to be something to write about! Asia returned a mixed session with the Nikkei (-2.6%) handing back most of yesterday’s gains. The Shanghai (+2%) recovered late in afternoon trading and … →
They are now playing “Born in the USA” at Trump rallies to distinguish him from Cruz who was born in Canada. The real issue that Cruz will not address head-on is the revelation in the New York Times that Cruz failed to properly disclose large … →
A real bubble is when you suck in everyone who has no business investing in the stock market. We are nowhere near a bubble, despite the current correction process. There is no risk of an 80-90% decline as was the … →
It has been only a matter of time. The U.S. Treasury will begin tracking high-end real estate to see where the money comes from because many properties are selling for CASH without mortgages. The news release on January 13, 2016, … →
Prof. Laurence Kraus is a well known theoretical particle physicist at the University of Arizona. With a short message on Twitter, Kraus caused a stir around the entire world: “My earlier rumor about LIGO [Laser Interferometer Gravitational Wave Observatory] has … →
