Record highs achieved in the US session and so expectedly the Asia markets responded. The Nikkei was the leader, but interestingly not from the open! It took a while for sentiment to build, but the weakness of the Yen probably helped massage prices to close up +0.64%. The talk for this and the rest of […]

PRIVATE BLOG – US Share Market August 22nd, 2018 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

Middle of summer and if you ever needed an excuse not to trade, today was probably it! Volumes were so poor they hardly registered a change in markets. Although the Nikkei started lower, it spent the rest of the day making its way back to positive. That is probably the good news as the close […]

This year’s World Economic Conference in Orlando will be the launchpad for what is to unfold as we move into 2020. We are holding it after the elections November 16-17 but as we move into the Pi Target on November 21st, which is typically most important politically. This has been the turning point marked 911 […]

  Japan was the outlier today after the majority produced a positive return. After an initial surge the Nikkei fell back into negative territory where it spent the rest of the day. Exporters, energy, base metals and banks fell victim to todays weakness and probably not helped by the Yen’s strength. In late US trading […]

QUESTION: Mr. Armstrong; In Singapore who warned that there would be continued volcanic activity in the Pacific and that the peak in 2018 appeared to be coming into play August/September. Is that timing still on track? GH ANSWER: Yes. That seems to actually begin this coming week 8/20 and goes into the week of 09/10. This […]

Although we saw some small relief bounces in Asia, there are still many questions left unanswered. The Nikkei managed a 0.35% recovery, which was pretty much where it [played all day. The Yen is still acting as a store for safety and in late US trading we see it edging in the low 110’s, possibly […]

The uncertainty seen in US markets shook Asian indices with all markets opening lower. Fortunately, these proved to be the days lows and most markets rallied from there. The Nikkei even managed to move positive and remained around there for the whole afternoon trading. The Yen traded back to 111 handle, but was to regain […]

Well, that bounce was short-lived! China led Asia lower today even as Turkey was recovering. Core Shanghai has found it difficult even with good news. The debt overhang and the sudden decline in allocated cash continue to have a negative effect on the Shanghai, which closed down over 2% today. The Yuan is suffering as […]

It was good to see a healthy 2.28% bounce in the Nikkei today, especially after yesterdays 2% decline. Unfortunately, some of this was at the expense of the currency as the Yen lost 0.5% back to a 111 handle. The currency drop helped exporters recover some of yesterdays losses, but there is still plenty of […]