We did not see a clear direction for core Asian indices today as we played between the positive and negative for most of the day. A typical August Tuesday with slow trade, low volume and no direction but we did have economic data to digest. Chinese released Export numbers for July increased by 7.2% whilst […]

This year’s WEC (World Economic Conference) is time to address the beginning of the most important event perhaps in our lifetime that stands on the event horizon to begin in 2018. We have nearly reached our second target on the Dow Jones Industrial Index – 23,000. They laughed at our forecast back in 2011 that […]

COMMENT: #1: Marty, Thank you for your recent post on the private blog on July 12th. Socrates had identified the week of July 24th as a key week for a potential high with the two key target areas of resistance at 80.50 and 81.75. The actual high was 80.62 on July 26th. I am sure that there […]

A clear distinction was drawn between Shanghai (+0.4%), Hang Seng (+0.5%) and SENSEX (+0.7%) exchanges and the ASX (-0.6%) and Nikkei (-0.6%) as they both suffered declines. Some Chinese industrial profits have been encouraging, possible regulatory changes and improving economic data continue to support momentum. The yen trades comfortably with a 110 handle – a […]

A strong Asian session following yet another record US performance with the added enthusiasm for central guidance from both the BOJ and the ECB. The BOJ left rates unchanged but we did hear them cut the inflation forecast for this and next years. Earlier we also saw the June Trade data release which proved to […]

QUESTION: Dear Martin,   I am a reader of your blog and attendee of some of your conferences. I am quite impressed about the timing of your forecasting arrays. In particular,  May 1 you published the arrays for DJIA (attached) where you showed two clusters of volatility: the weeks of 15 May and 26 June. […]

Reflected in Wednesdays late US futures trading Asian indices responded with a strong opening theme. China’s Shanghai found additional support from the Trade data releases much stronger than had been forecast. Exports were released 11.3% with Imports at 17.2% whilst the forecasts had been 8.7% Exports and 13.1% Imports. Shanghai closed +0.65% higher with the […]

A flood of comments from central banks this week has been signalling that the era of easy money is coming to an end. Of course, the nonsense spouted out by the Gold Promoters that hyperinflation was coming has left 10 years of continually wrong forecasts, yet the pretend analysts have done far more damage to […]

Although the Shanghai index continued its positive trend we did finally see only a minimal advance and then a small set-back for the Hang Seng. An earlier strong gain (+0.6%) in the Hand Seng was lost by the time the market had closed but with numerous unexplained small cap scares, it was not a surprise […]

Many people have asked how far do we may forecasts at our conferences. Here is a clip from the February 1996 World Economic Conference (WEC) forecasting the Dow would rally from 5500 to 7000 and perhaps to 10,000 on capital inflows by 1998. In this short clip you will see that this forecast was made […]