As we Begin 2016 – Euro Banking Crisis Still In Motion
December 31, 2015The banks of Hungary and Portugal are in trouble. Larger buffers are needed and the economy has not yet moved into a full crisis mode. That is yet to come.
All posts in "Armstrong"
Closings Today will be the Year-End Signals
December 31, 2015The Holiday Schedule is below. The closing for our models will be TODAY and for the most part this will be a full normal day. We are hovering around our year-end numbers in many markets from gold and the … →
Maximum Gift One Can Give Anyone in Business is $25
December 31, 2015The hunt for money is absolutely destroying everything. The IRS has placed a maximum on the depreciation of assets. Any high-end cars over $40,000 must be paid for with after tax dollars. This will have some impact on the high-end … →
Department of Justice
December 31, 2015The Department of Justice (DOJ) has announced that it’s suspending a hugely controversial program that allows local police departments to keep a large portion of assets seized from citizens under federal law and funnel it into their own coffers. This program has been … →
NYSE & NASDAQ Ending Limit Risk Orders — You Are On Your Own
December 31, 2015The New York Stock Exchange and NASDAQ are terminating stop-loss and good-til-canceled orders beginning Feb. 26, 2016. They are claiming risks occur from such orders during volatile trading. They are really admitting that there is a liquidity crisis. Additionally, going … →
Market Talk — December 30, 2015
December 30, 2015Asia finished a mixed session with gains in Shanghai (+0.25%) and Japan (+0.27%), countered with a small decline in the HSI (-0.53%). For Japan, today was the last trading day for 2015 and returned a yearly gain of just over … →
China Shuts Down FOREX at Foreign Banks to Try to Stop Dollar Rise
December 30, 2015China has suspended FOREX business at three main foreign banks for the first quarter of 2016 in an effort to curb the outflow of capital into the rising dollar. This is an interesting attempt to curb the rise in the dollar … →
Fundamentalists & their Formulas
December 30, 2015QUESTION: Marty, I believe that the traditional way of looking at even value no longer applies. Take the claimed doctrine in finance named the dividend discount model. They assume that the price of a common stock is the present value of … →
Head of Swiss Army Sees Rising Civil Unrest & Calls Upon the Country to Arm Itself
December 30, 2015On Sunday, Swiss army chief André Blattmann warned directly to a Swiss newspaper that social unrest in Europe is rising. He warned that the increasing aggression in public discourse is becoming “dangerously aggressive” among Europeans. In general, tensions are rising and it presents … →
Happy New Year — Bail-In Passed for Europe’s Banks
December 30, 2015The mainstream media is not extensively reporting on the “experimental” bail-in that the EU imposed on Cyrus. The bail-in, that they swore would never be applied to Europe, will officially begin in January. This new power will be in the … →
Page 861 of 880
