I happened to have a conversation with someone from Portugal who was neither a trader nor an investor, just an observant 23-year-old. When I asked for her take on the state of affairs in Europe, she candidly replied: “Yes, there are groups of people who expect civil war. Actually, the situation in Europe at this moment is […]
COMMENT: Dear Mr. Armstrong, Is there a bug in my computer or has the latest the Nigel Farage video been removed from your blog? I also can’t find the recent more private video on migrant problems in Germany, which was rather shocking for us as the German press is not allowed to automatically report on […]
Something BIG is brewing in the World Economy. We are definitely getting closer to the point when everyone starts to say OMG! What is going on? The US 2016 Elections are shaping up to be very interesting. They reflect the degree of how we are on such a tight-rope tottering before a fall. But which […]
It felt as though all regions were blaming the USD today for their market’s weakness today. Dealers around the world were claiming a balancing act against the currency, even the JPY! Lower markets in Japan and Hong Kong saw negative returns of 0.4% and 1.2% respectively but with the Shanghai market still closed. Ahead of […]
COMMENT: Mr Armstrong, I have been the ultimate skeptic for so many claimed analysts give an opinion and that is really it. I have kept track of your arrays on the weekly Dow. I understand why the government wanted your model. Your model really works. Your array posted last October 16 picked the November high amazingly. […]
The propaganda to keep Britain in the EU is highly dangerous and an outright fraud upon the British people. On June 23, the people of Britain will decide whether to exit (BREXIT) the European Union. The outcome of this historic vote will determine Britain’s future. This is an incredibly important vote for it will determine […]
A fertilizer producer in north China defaulted on bond payments, which is a positive aspect as the state governments are not so eager to bail out failed companies. This will be a positive step forward in transforming China into a major capital market. For now, it is still not ready for prime time. Of course, […]
We made the front page of Reddit today. This is bringing in more than 3000 visitors to the site per minute. Our systems did not crash, but the site did slow down. Our load balancer took a little time to spin into action. We will expand the site again. With the elections coming, our traffic […]
The Nikkei could not hold the late US rally and as the cash market opened the weakness returned from the opening, especially having just seen the weaker than expected Machinery Orders. Gaping lower, we did see a small bounce but not enough energy to look for a positive close. Eventually the index closed around 1% […]
Of course Bernie Sanders appears to have sold out emerging from a White House meeting with President Barack Obama vowing to work together with Hillary Clinton to defeat Donald Trump in November. Bernie would rather endorse a traitor who has sold her influence as Secretary of State just to save the Democratic Party. Obama assured Bernie, […]
