All posts in "Armstrong"
BREXIT is Watershed for Europe
June 26, 2016Merkel admitted that: “There’s no way around it: Today is a watershed for Europe and the European unity process.” Of course, people like Schulz are the entire problem. His arrogance ensures the demise of Europe. He had the audacity to to say that there is “no chain reaction” after BREXIT. Once a politician makes a decision, […]
Six More Countries Want Referendums to Exit EU
June 26, 2016Brussels simply went too far. They cross the line moving from an economic union to a political subordination of Europe. Now five more countries want to hold referendums to exit the EU – France, the Netherlands, Italy, Austria, Finland and Hungary all could leave. With Hollande approval rating at about 11%, Merkel lucky she […]
Central Banks in Crisis Watch Mode
June 26, 2016Our sources are saying that the central banks have come to an accord to cooperate in an effort to support financial stability in the wake of Britain’s vote to leave the European Union. This is akin to the Plaza accord of 1985. Central bankers urgently gathered at the Bank of International Settlements in Switzerland to discuss the […]
Now The Loosers Want a 2nd Referendum To Overturn BREXIT
June 25, 2016A petition has circulated gained they claim 1 million signatures to overturn BREXIT and hold a second referendum. Of course they will do a far better job at rigging this one if it goes through. Such people deserve what they petition for and should surrender the pound and the Queen. They have zero idea of […]
Dow – Down & Dirty?
June 25, 2016The Dow has been bouncing off the Reversals as well. Despite being above 17800, it would fail to close above that. The question becomes WHEN will the Dow breakout to test new highs with the next target zone in the 21,000 to 23,000 area? With the closing on Friday below the first Minor Weekly Bearish […]
The Impact of BREXIT on the EU
June 25, 2016The true impact, on Britain and on Europe, will start to become visible rather quickly. It is absurd to think that anything has to change in respect to trade between the EU and Britain. What this means is really that Britain will not be subservient to Brussels and would be in the same position as […]
The Contagion Begins
June 25, 2016Brussels will try to now punish Britain as they punished the Greeks for daring to vote against them. Our sources are already saying the attitude behind the curtain is turning nasty as in how dare those “limies” vote to leave. The derogatory remains off camera and quite telling. Brussels will try to be hard on the […]
Market Talk Close June 24, 2016
June 24, 2016Interesting price action – it is the UK that is leaving Europe and yet we saw the DAX fall 6.8%, CAC -8.35% and IBEX down 12.35% whilst FTSE declined just 2.8%! Bank share were hit everywhere with some of the large institutions (Deutsche Bank, Barclays and RBS) falling between 14 and 18%. The afternoon behaved […]
US Share Market for the Closing of June 24, 2016 Post-BREXIT
June 24, 2016The Dow has fallen in a knee-jerk reaction to BREXIT, which really is hype thanks to politicians. The gains for Britain are clear. It escapes the forced immigration and it escapes from EU draconian regulation. It is effectively the same as the American Revolution where the slogan was “no taxation without representation,” and the EU structure […]
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