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 […]

Thursday, November 10, 2016:
2016 Institutional World Economic Conference

Friday, November 11, 2016:
Technical Analysis Seminar

Saturday & Sunday, November 12-13, 2016:
2016 World Economic Conference

QUESTION:  Dear Mr. Armstrong, Re: The Ted Cruz/John Kasich Conspiracy and your comments about the Constitution and USC In your opinion, might it be a crime to deny registered independents the right to vote in a primary? Pennsylvania, one of only 11 states remaining with this law, is a prime example. Thank you for a […]

With the exception of Australia, last night saw a fairly dull session ahead of the FED and also the BOJ decision expected tonight. All core indices were negative but within a normal range given events scheduled later. In Australia however, consumer prices dropped well below market forecast and shook both the ASX (Aussie Stock market) […]

Unfortunately, it was just the Nikkei that prevented a positive “clean-sweep” for core Asian indices today. The Nikkei remains nervous ahead of the BOJ despite the JPY showing no signs of reversing its recent weakness, as YTD it remains down 7.5%. China and Hang Seng both saw late rallies take them back into positive territory […]

This week all eyes will be focused on Central Banks, namely the BOJ, RZB and time again for the Federal Reserve. Stocks have started the week on a nervous note with all core markets falling as talks of further easing weighs on sentiment. The Nikkei and HSI both attempted early recoveries but to no avail […]

A little overdue but today we heard from the Bank of Japan and possible proposals to take rates even further negative and the likelihood banks passing these levels on to end retail. The Nikkei obviously liked it rallying 1.2% on the day whilst the Yen weakened over 2%. Both the Shanghai and HSI had mixed […]

Hang Seng decided to join the Nikkei’s performance overnight with both indices returning a 2% gain for the day. Sadly, the Shanghai was unable to join the fun with that market eventually closing down -0.7%. Actually, that was a result as earlier in the day it had been down 4%. A large shortage of liquidity […]

Nikkei opened well and also saw a retracement of the JPY, but unfortunately, other Asian indices did not follow suit. Having seen a 0.5% gain in the first hour of trading, we spent the rest of the day drifting back to almost unchanged. Shanghai and Hang Seng, meanwhile, were hit from the opening and really […]

We are in one of the most dangerous periods in many markets from metals and stocks to currencies and bonds. Many people end up buying highs and selling lows because they trade emotionally. They assume if something rallies one day that the trend has changed. If you want to survive your own trading decisions, you […]