The BOJ certainly woke everyone up this morning having concluded their meeting with the expectation of negative interest rates. Within seconds the Nikkei leaped 700 points only then trade back then spent the final 90mins climbing to close the session … →
The Dow needs a closing above 16350 to temporarily stabilize. Otherwise, we are not out of the woods here until we pass March. To suggest that the major low has been made, the Dow would need to climb over the 17750 … →
Crude has made a slight bounce, but it need desperately to close above $32.35 today just to pause. There is no change of a real reversal in trend here. Crude would need to closing above the $38.35 area just to … →
The mining industry is collapsing. Everyone expanded dramatically because they never expected China to stop buying. The loading up of debt is likely to get many companies in trouble. We may see the entire industry downgraded on a wholesale basis. … →
Naturally, the gold promoters are out in force. The problem with their theories has always been that they are dead wrong. The REAL BULL MARKET will see the metals rise with equities. Right now, they focus on the stock market … →
Yes, we were hit hard with global warming. It’s just like I remember from when I was a kid and my father pushed me out the window to dig us out so that we could open the front door.
Japan opened weaker (mostly following the poor close on Wall Street) but was also influenced by the poor Retail Sales (Est -0.1% v’s actual -1.1%). However, after the initial shock prices recovered on rumors of additional stimulus expected to be … →
We have penetrated last year’s low in the cash S&P500, but not in the Dow yet. The Yearly Bearish does not come into play until we get to the bottom of the upward channel. Penetrating last year’s low is indeed … →
Megyn Kelly’s inappropriate statements to Trump when she was supposed to be an impartial moderator demonstrated that she should, by no means, ever moderate another debate. On this score, Trump is absolutely correct. Yet, it has gotten far worse. Fox News … →
Google’s artificial intelligence computer has beaten the European champion of the board game Go. Not just once, but 5 to 0. This game is far more difficult than Chess as it requires more than merely creating lists of patterns to … →
