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 JFK. Homeland Security pretends to protect American’s against terrorism, but they are incompetent to comprehend that instead of a bomb, just send as […]

  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 a further upside into the week of 11/03. Keep in mind this is a bubble in government bonds – not equities. Shaking the […]

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 goes on to state that the potential for a new monetary system will emerge in 2016. This demonstrates what I have […]

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 of Uncertainty. This is becoming critical in Europe. While I am enjoying the weather here in Germany, the atmosphere is clearly uncertain spawning […]

  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 1929 Crash that Gentlemen Buy Bonds, what is really going on in the markets cannot be seen without looking at the cross-connections. Why? Sometimes you […]

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 bounce back into Friday appears likely. The low this week will be important. It appears to be a test of the primary support area, which was […]

  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 weekly closing support lies at 15970.  The key levels to watch at 15665, 15370,15280, and 14450. A weekly closing beneath 14450 would signal a […]

  We seem to be in a race to see who can ask government to hold their money. This is the classic flight to quality (i use that word loosely). The talk on the street is always trying to find a fundamental to fit to the price action. Plunging oil prices are signs to economic […]

  Behind the curtain, the long list of those who support the USA against ISIS has no substance. Why? This is a religious war and therein lies the problem. The Muslin community is throughout Europe and the great fear is their citizens run to join ISIS and then return creating a sort of home-grown terrorists […]

COMMENT: Loved your candid picture of the little boy in Brussels taking a leak on Europe. It is so true living here. REPLY: Well, it is a shame but all governments are the same. Once they have power, they keep grabbing more and believe the world cannot exist without them. On the lighter side, if […]