The market was right to focus on the Japanese Yen over the past few days having witnessed a convincing dip in the Nikkei that many wish they had bought. Having been concerned last week of the 16k level, tonight we are discussing the 17k point after a 530 point rally today. Both Shanghai and Hang […]
Proof that Ted Cruz is very much disliked among Republicans was demonstrated over the Planned Parenthood issue. Cruz is being ignored in Congress. On Monday night, Republicans ignored Cruz’s attempt to disrupt Senate Majority Leader Mitch McConnell’s efforts to fund the government without attacking Planned Parenthood. This incident demonstrates that Cruz would not have the support of his […]
What we all face ahead is a struggle. It will take courage and understanding to survive. How our story ends is yet to be seen. All we can do is recognize what is at stake and stand firm with our arms wide open facing the sun of freedom for us and our posterity. Sometimes it […]
JPY remained the focal point for Asia, well that was until the market realized it had finally turned. The JPY took out the 109 handle and dealers were less concerned and comfort returned to the Nikkei. The session went from strength to strength closing up almost 2% on the day. The Shanghai and Hang Seng […]
COMMENT: Marty, you hit the nail on the head. Nobody looks at these fines against the banks as you have. You are right. The shareholders pay the price to keep the bankers out of prison who still get their bonuses. It is one giant fraud upon the shareholder. They use the shareholder capital for personal insurance. […]
Judge John Walker, Jr The Second Circuit back in March refused to reverse a contempt order imposed on an allegedly recidivist stock fraudster. What is amazing is Judge John Walker, Jr, Bush’s cousin, grabbed his appeal and really abused his power. This guy should be driven from the court with tar & feathers like in […]
llinois motorists are living in a bankrupt state that has promised pensions it never funded. Their state constitution bars the politicians from reducing the pensions so the net result, tax payers must pay a lot more to fund pensions of government workers. As oil prices have collapsed, tax revenues have dropped. The net result, the […]
The reason we seriously need a new Constitutional Convention is because the current one has been reduced to a scrap paper. President Obama’s outrageous suggestion that mishandling classified documents in the case of Hillary Clinton is not necessarily a criminal offense only serves to illustrate that this is purely politics. Hillary belongs in jail and […]
The Dow Jones took out the Weekly Bullish but not the key one at 17846. This is why we are basing without immediate follow-through. Nonetheless, our primary technical targets for the year stand at 17345, 18791 and 18880. Holding the 17345 level warns that we are still move to the upside. A weekly closing above […]
Sometimes the brain-dead decision of one person can set off a contagion that sweeps the world. Merkel’s open invitation to the Muslim, pretend refugees has been tearing Europe apart. The majority are not even from Syria. European states will raise their borders and require a passport because so many of these Muslim “refugees” are unaccounted for, […]
