The Dow fell as far as it could possibly go without reversing the trend on a long-term basis, even technically. The low this week has been 15370.33. This has flirted with our Third Monthly Bearish Reversal at 15550, but we also have a simple technical point of great importance — 15284 — which happens to […]

QUESTION: Mr. Armstrong, Thanks for all you do.  I do have one question in regards to the Phase Transition above 23000 into the 35000-40000 number you have spoke of.  If we experience a close below 15500 for the month of August and see a continued correction into October to  around the 12000-13000 number would the […]

COMMENT: Mr Armstrong, I work in engineering and last year I was offered a position back in a major North Sea oil company. The reason I turned it down was due to your forecast that oil was going to slump. If that was the case, I thought I would duly be paid off not long […]

It is pretty bad when a national government agency is continually caught fudging the temperature data while refusing to make corrections. They are clearly following orders to maintain that there is global warming to support taxes. They now need global warming to implement carbon taxes on businesses and cars. States are looking at additional road taxes because people are […]

QUESTION:  My question  below  is  for  Mr.  Armstrong. Hi Mr.  Armstrong, Thank you in behalf of  all of the investors/ traders who  are  awaiting to join Socrates soon .  my question is  you said in  recent  blog today  ”  If we break and close August at least BELOW 15961, then this will open the door […]

The cycles and oscillators still suggest a three-day bounce into Thursday. We would need a daily closing back above 16461 to suggest that the low will hold at least temporarily. Then we should retest the support. This is where it will become critical going into Monday that we hold this week’s low. If we break and close August […]

We are on schedule for launching Socrates by the end of September. We are setting up the design right now and the dashboard for markets, so you will see the trend at a glance. This requires merging many different models, including the Global Market Watch, which defines the pattern recognition for each time level. Users […]

A lot of e-mails are coming in from people who are asking to join in for the IPO of Socrates. A few companies have now offered to buy in and pay for an accelerated mainframe and staff. We greatly appreciate the support. We will try to launch next year. I do believe that is the […]

Back in May of 2013, Paul Krugman said there was no bubble in bonds. Now he is back saying that debt is good and there is not enough of it. So just what is going on in his head? Of course, the hyperinflationists will point to all sorts of things and predict the end of society is near because of debt. We obviously […]

Asian shares are still struggling on Wednesday as it begins to dawn on investors that the Chinese economy really is slowing. The implication for that is more deflation in commodities as they have accounted for nearly 50% of the purchases of commodities these past few years. As with respect to world total GDP, China has […]