The EU Commission is demanding that Britain pays them almost £2 billion pounds because their economy has boomed while that controlled by the Commission has imploded. An angry David Cameron was on a collision course with the European Commission this afternoon as he flatly refused to agree to a demand that Britain hand over an […]

Texas sent in a SWAT teams without any probable cause looking for anything they could trump up against The Garden of Eden community. The inhabitants had no drugs, weapons, or anything illegal. After handcuffing people, threatening them, all the police could do was arrest one person for a past-due traffic fine. They destroyed crops and […]

  We see closing support at the 16629-16636 level today. So far the Dow made a new high so there is still the potential to rise to test the 17000 level for a high on Thursday as long as we hold 16629 level on the close. Closing Resistance stands at 16804 and intraday support lies […]

  Mario Renzi of Italy has taken criticism from the EU over his budget for 2015. In the flake that is erupting, the tensions with Brussels are rising throughout Europe. Renzi has said he will now publish a list of EU PALACES where they squander money on themselves.

Monte dei Paschi shares were suspended twice throughout today. At one stage down 22% currently trading down 18%. Peripheral bond markets behaving themselves only Italian BTP’s were wider by 7bp’s. The European banking crisis is still in full bloom. What the ECB will not admit is that the design of the Euro lacking a single debt […]

With the Economic Confidence Model peak in 2007.15 (February 26th, 2007), that turning point marked the very day of the high in the Case-Shiller Real Estate Index. However, it also market the precise day of the infamous sale at the top of Goldman Sachs’ notorious ABACUS 2007-AC1 $2 billion Synthetic CDO. Indeed, Goldman Sachs was later […]

This is a unique system that brings the concept of pressure points within a market to the opening of the day. How a market opens is as critical as where it finishes. This is the system that was personally developed from intraday trading and hedging out of necessity. It was developed in the 1970s to […]

For those of us in the real world familiar with real live trading, there is a huge difference between theory and reality. I was invited by a very well-known university to observe a program pilot designed to train people to trade in banks funded by banks. They rented a hotel and took many rooms with […]

The French parliament voted Tuesday in favor of a draft law that could, for the first time, make it possible to remove the country’s president from office through a US-style impeachment. The bill, already passed by France’s lower house, was approved by the Senate by 324 votes to 18 and it will now go to […]

  Deutsche Bank Frankfurt A senior New York lawyer at Deutsche Bank has been found dead. The circumstances pointed to a suicide. The 41-year-old had been found hung on a staircase railing by his wife on Monday. He was involved in the litigation of the bank scandal involving interest rate and foreign exchange market manipulation. He was […]