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Germany – Troubling Political Events

The press is claiming over here that the central banks saved the super-rich by keeping interest rates low to help the stock market. While this reporting is still...

Politicians Are the Most Distrusted Among All Occupations

I am here in Germany kicking the tires and taking the temperature of the core of the European economy. Interestingly enough, a survey has revealed that politicians...

The Fog – Comprehending the Invisible Hand

COMMENT: I just wanted to thank you for all your charts and explanations of what was taking place on the DOW this week.  I have been reading your work for the past...

Is it Safe to Fly In & Out of JFK?

The question of whether it is safe to travel in and out of JFK is a serious question. The only possible way to get government to be competent is to simply boycott...

The Dow for the Close 10-17-2014

  So far so good. The low may hold and a closing above 16331 today will help to relieve the selling pressure. A closing above 16660 will signal that we may see...

Forecasts from 1986

A reader just sent in an old forecast from 1986. It stated back then the Sovereign Debt Crisis would begin 26 years from the birth of the G5 in 1985 = 2011. It then...

The IMF & ECB Cannot Prevent the Euro Crisis – Welcome the Pandemic of Uncertainty = High Volatility

So far the Dow has held the previous day’s low and a higher close today will still point to a bounce into tomorrow, However, we are in the midst of a Pandemic...

So Where is the Bubble?

  While those who advocated stocks in various institutions are being demoted and the bond bulls yell I told you so, as Melon famously said in the start of the...

Dow – The Aftermath 10-15-2014

The next support for the closing was 16131. Indeed, we stated “if that holds we may have a low today temporarily.” That appears to be the case and a...

Dow Update 2PM 10-15-2014

  This is the main channel – the Weekly Breakout Channel. A retest of that area is normal in any uptrend. The top of that channel lies at 15574. The key...