A lot of people are scared to jump into the US share market. Some who have been regular investors write: “THIS MARKET SCARES ME!” They are getting vertigo. Yes, the old saying what goes up also goes down is keeping a lot of regular traders seating bullets. They cannot handle these levels and do not […]

QUESTION: Marty, you said the “main resistance stands for this week at 20505.” The Dow stopped today at 20504.41 and closed on the high. Nobody produced numbers like you do. The Dow goes up and the euro declines. I can connect the dots. Is this correct? ANSWER: Correct. It is the capital flows and Europe […]

Friday’s closing at 20,298.21 in the Dow was still bullish and the main resistance stands for this week at 20505. Exceeding that level and a close above it on Friday would point to an extension into next week. The top of the channel in the 20,700 area. Exceeding that level will warn that we could […]

The next key resistance in the Dow stands at 20,324. Of course, the major channel resistance stands at the 20,703 level while support is to be found at 19,568. The Weekly Projected Bullish Reversals are  20,475.23,  20,518.80, 21,882.34, and 22,188.86. These are the What-If numbers so they may change if we make a new weekly low. […]

QUESTION: Marty; You gave the resistance in the Dow at 20,158 and it stopped at 20,155. Gold you gave a buy signal at the close of 2016. You give us specific numbers to reach for a bounce or a collapse. Gold is rallying now on claims that the latest run up is attributed to the uncertainty […]

Private Blog Update for Dow & Gold

Private Blog – Dow Update for February 2017

Former President Obama signaled he is effectively setting up a shadow government declaring he now supports all the protests against Trump especially for stopping the acceptance of refugees settling in the United States. Obama said he is heartened by the level of engagement taking place in communities around the country against Trump. This is all playing […]

The EU leadership is attempting to minimize the importance and the explosive result of BREXIT. While the leaders merely yell “You will still regret it”,  the disintegration of the EU has already begun and they are clueless as to what is really at stake. While many just focus of trade, the entanglement is far more complex than […]

DAMARLON CENAKA THOMAS (Inmate Number: 42325-039), age: 31, black male, was gunned down in a federal halfway house on January 23, 2017. Thomas was a man whose drug-related prison sentence was commuted in November by President Barack Obama. Thomas has been fatally shot at a federal halfway house in Michigan after two men with assault-style rifles […]