COMMENT: Bill Gross says you are wrong and helicopter money is coming and the Fed should print trillions to buy government bonds. Any comments? REPLY:Gross is not making a forecast without self-interest. Gross’ “helicopter money” calls for the Federal Reserve and U.S. Treasury to engage in another round of quantitative easing (QE) by printing trillions of […]

  With Japan still closed the enthuses continues to concentrate on the US Dollars turnaround! The Australian ASX closed down 1.6% as BHP lost 6.5% on rumors of a large civil lawsuit in Brazil. Mainland China closed almost unchanged on the day whilst the Hang Seng lost 0.7% and these a direct result of a dollar […]

A morning where PMI’s (Purchasing Managers Index) continue to rule the markets. China’s reaction was somewhat muted after mainland index rallied to close with a strong 1.85% performance but that was countered by the Hang Seng dropping 1.8%. The RBA surprised the markets with a 25bp cut in rates to take key rates back to 1.75%. […]

We will provide the Video Update for the Metals Tomorrow (for those who took the Metals Report). The computer does a far better job than any individual can possibly do, including myself. The hope of this correction ending by March 2016 and a bull market beginning has not materialized once we obtained the Quarterly Bullish […]

QUESTION: Hi Marty! I am reading and studying your blogs and Socrates for quite some time and I would really like to thank you for all the insights! Some days I listen to bloomberg radio for knowing what ‘they’ are saying about the market developments. As I am not an experienced trader as you are, […]

We will do a brief video update tomorrow on the general state of the markets given we have elected Monthly Bullish Reversals in several currencies. While we have been looking for the euro to reach 116, we have now clearly extended the sideways rally given that the major low for last year took place in […]

The Canadian dollar elected Monthly Bullish Reversals at the close of April, suggesting that we can now see a rally up to the 82-83 level. Keep in mind that last year’s high was 86.03. Therefore, there is plenty of room for a continued reaction as the markets push everything to the limit. In the euro […]

It was the turn of the Hang Seng to play catch-up with Japan today and probably the perfect opportunity with the Nikkei closed for a national holiday. The HSI dropped over 1.5% that could have been a reaction to the Yuan fix (6.489 is the highest in over 10years) but also impacting from the JPY […]

There is a lot of volume focusing on the yen and the Nikkei. It appears someone is trying to push the markets through support and there is a lot of volume taking place. They seem to be trying to crack the Nikkei and are selling the dollar. It appears they are trying to crack the […]

QUESTION: All three are moving together since mid-January. Does that mean all three are already aligned and a lift is now possible? Or do we go to retest the January lows first? ANSWER: This is the preparation for the coming Slingshot Move. Everything is pushing it to the limit. We are carrying the weight of the world around […]