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Market Talk — August 28, 2015

Everyone is feeling good about themselves as the rebound in stocks continues. It is fair to say that all markets closed between 2–3% higher on the day. After solid gains in Asia, Europe opened on a firmer note and the U.S. followed. We did have a wobble mid-afternoon trade, but the final 90 minutes recouped the intraday drought and […]

Why This Week’s Low is So Important

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 […]

The Markets From Asia & the Prospects for the Dow

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 […]

The Markets Opening August 25, 2015

The world share markets remain volatile yet should begin to stabilize now showing tentative signs that the panic of Monday is starting to subside. The reported epicenter of Shanghai for the rout, however, has suffered another big sell-off. The mayhem in China’s equity markets showed no signs of abating on Tuesday, as the Shanghai Composite index […]

Dow Update

In the Dow, we can see that Energy bottomed out so we have a counter-trend at work right now. We do have a pair of Daily Bearish Reversals at 14769. We continue to see the prospects that today will perhaps remain as the lowest closing. Nonetheless, a new intraday low is possible given that we […]

Forecasting Against the Wind

  The leading story for the sell-off has been Wall Street’s shock by the mounting worries over instability in China and emerging markets. The tumultuous decline has sent investors clamoring to race into safe-haven assets amid the confusion. Why anyone missed this is really befuddling since China’s share market peaked in 2007 and the rally […]

The Three-Month Rout as People Fear New Asian Crisis

This three-month rout in equities is scaring the hell out of everyone. It has changed the view that the Fed will not raise rates, which has sent the dollar lower in what appears to be the bubble in government, particularly in Europe. The bells are ringing this Monday across world markets with a 9% nosedive […]

Markets in Turmoil: A False Move Preparing For Something Else?

QUESTION: Dear Mr. Armstrong, Thank you for all your writings. I may not understand them all, but certainly appreciate what you are doing to inform those of us you care what is happening in this world economy. Question: With the dow tanking, is this considered the FALSE move you wrote about previously. That in essence […]

Market Talk – August 21, 2015

The share markets collapsed and so far the May high looks to have been correct. The decline into this period is having the precise correlated response necessary to create the peak in government for this turn in the ECM – the final rush to quality. The S&P 500 cash previously elected just one Weekly Bearish […]

Armstrong & Downs from Capitol Hill

China – Hillary & More   Part II