Pretty much a waiting game for both Asia and Europe ahead of the non-farm payrolls report. The US – China trade talks were on everyone’s mind, but statements and comments were few and far between and so we closed Asia weaker more on concerns of what an assumed conclusion. The Hang Seng lost 1.3 as […]

QUESTION: You said the US had a two-tier monetary system under Bretton Woods. Can you explain that one, please? DHJ ANSWER: When Roosevelt confiscated gold, he created, in reality, a two-tier monetary system quite frankly as the medieval city of Florence. The Great Financial Panic of 1344 was when the value of silver rose dramatically blowing […]

The Nikkei traded nervously today ahead of the FED and US NFP’s, but knowing it is closed the rest of the week (Golden Week holidays). Some of the exporters did manage to edge ahead but gains were very limited. The overall trend appeared heavy all be it lethargic, but we are watching the Yen trade […]

More national holidays today (India, China, Hong Kong, Singapore) which makes volume trades more difficult or even held until volume returns. The Nikkei climbed from a weak morning session to make just a modest (+0.2%) return. It is Golden Week in Japan and so will be closed Thursday and Friday also. The Yen, although light […]

On the final day in April, we have seen shares rally across the board and not just in Asia. Two major markets were closed today for national holidays and so volumes are traditionally quiet on these occasions. However, we saw a stunning +1.74% return for the Hang Seng as a broad based rally consumed much […]

The weather turned very cold this year as our computer has been forecasting. The importance of our model’s forecasts lies in determining what will be the next cycle focus. Each cycle tends to shift from one to the next sector. While we still risk a strong dollar rally into 2020 creating the economic recession through […]

QUESTION: Okay Marty, You keep saying “the world monetary system will have to be reformed.” Spill! What do you hear behind the curtain? Cheers, EM ANSWER: I just returned from Europe where I had meetings with some high levels of interest. The great concern in Europe is the end of QE for there is a serious […]

  COMMENT: Good morning Mr. Armstrong, Thank you for your service to Mankind! I look forward to seeing you and Vicky again in Orlando. I was reading your Blog on stem cells and felt compelled to send you the attached. … One other item of note; one of my other clients had their boat seized in […]

When you consider the DOW was off 550 points you would have expected significantly more weakness in Asia, but that was not to be! With 15mins trading time to go we saw the DOW bounce 10 points a minute to close off 400 and that almost gives you the kind of liquidity the markets are […]

Asia tried to be positive today, but soon after the opening bell we were back in the red again with early volume increasing. However, with the exception of Nikkei, HSI and Shanghai this was the case. Early jitters were rejected for the SENSEX in India as support for IT, banks and auto’s helped values. The […]