COMMENT: Hi Martin, Thought you might be interested in this; we had a local council election yesterday (Sunshine Coast, Queensland, Australia), and in one of the divisions Donald Trump managed to secure 1% of the vote! In justifying their vote, one person said, “The system is run by clowns, why not vote for him”, more evidence […]
COMMENT: Marty, I figured out why you bought the bust of Julius Caesar commissioned by Cleopatra. He was assassinated on the ides of march and that is effectively about Pi day. … REPLY: Very good. Yes, even Brutus issued a coin where he proudly declared he killed Caesar on the Ides of March – “EID […]
Markets oscillate back and forth. I understand for people just coming in to this blog this may look like the Matrix or having to learn a new language. But keep in mind that it may appear to be difficult at first, but like speaking a different language, somehow it just flows out when you are […]
Everything is connected in nature including how our economy functions. A reader who grasped my piece on how everything is interconnected in markets sent this in. He made the connection with his non-linear observation. Something small can have profound impacts; the essence of Chaos Theory. The reintroduction of wolves in Yellowstone National Park changed even […]
The strong Yen continues to weigh on the Nikkei even though other core Asian Indices performed. Minutes from the Jan BOJ meeting were released which showed that additional stimulus were discussed, including the possible expansion of QE. However, having opened unchanged and after a long week the Nikkei closed down -1.25% on the day and 2.5% lower […]
QUESTION: Are you more worried about a 1984 esque future or A Brave New World esque future? ANSWER: Unfortunately, the two go hand in hand. George Orwell simply took the past and laid out what government ALWAYS gravitates toward – total control. We live in a delusion with our brains filled with propaganda. Over the years, […]
Cheer up! At least the elections are becoming entertaining!
QUESTION: Marty, you have said since the S&P 500 and the NASDAQ took out last year’s low and the Dow did not, it does not necessarily imply the Dow must do so since it is international compared to the others being domestic. You said that crude had to close below $35 at year end or […]
The Asian markets responded quite positively to the FED’s unchanged decision yesterday with HSI and China Main trading a little over 1% higher across the board. The Exporters did not fare so well, as such, Japan closed a little lower (-0.22%) on the back of a stronger JPY (+1%). China moved the yuan mid-point from 6.5172 […]
On Friday we elected the Weekly Bullish Reversal at 38.40. Crude pulled back for two days marginally to try to retest the previous reversal at 32.40. We have now gapped up and the major Weekly Bullish Reversals stand up at the $45 level. We warned that the first quarter would try the souls of most […]
