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Dow To Be or Not To Be – Correction Time?

  We warned that the Dow was not going to blast out to the upside and we saw a sideways to consolidating trend into May. Nothing has really changed and as you can see from our Energy Models, we have indeed been in a declining phase. Technically, the Dow is coming back to key support. […]

Dow to Rise with Higher Interest Rates not Lower

QUESTION:   I’m just wondering how the stock markets can go up into a rapid bubble in 2015 -17, if the bonds are going to collapse in Oct. of ’15? do you still stand by your call for stocks to go so high this year? oil is going to go too cheap., and it would seem […]

Gold – The Downside

  The Gold “POP” our computer pinpointed was right on schedule. We even managed to get the day of the high. Now gold has fallen to 1146 intraday and this is interesting. Our Daily Bearish Reversals are at 1146 and 1141 followed by 1130. Resistance now stands at the 1208-1215 level.   While we see […]

Downs & Armstrong from Capitol Hill

French Police Shaking Down Tourists for Spare Change

The French Finance police are now shaking down tourists and people just passing through France on trains or planes. A personal friend has reported when traveling through France by train from Luxembourg to Zurich, he was stopped on the way by French Finance Police. They asked if he was carrying €10,000. When he replied “no”,  they […]

CONFUSED about the DOW

QUESTION:  Is your computer saying the DJIA will crash around 2015.75 ? ANSWER: All will be revealed soon enough. There may be an initial correction, the FALSE MOVE, but there does not appear to be any major crash. Near-term, the Dow is still contained.  So no real blast to the upside. We really are working […]

Can the Dow Exceed 18600?

  Can the Dow Exceed 18600 and still fall? Yes. We can see this is a technical target zone. In March on the Monthly level the Uptrend Channel stands at 18773.74. The weekly projection stands at about 18980.45 and on the Daily level the resistance is at about 18582.94. It is really a price zone […]

The Dow as we Approach 2015.75

QUESTION: Hi Marty, Thanks for all the insights as always. Just one thing confusing me – as of October 2015, when the ECM turns down, what happens to the markets? On one blog you wrote a temporary setback in US markets, in another “It is about CONFIDENCE. As the ECM turns down, then you will see […]

The Dow Outlook

  The Dow made a new high today above last week. It is still in the sideways mode with the key resistance in the 18500-18600 level. Energy models are not at the highs so we are not in a major topping pattern. The Dow has been contained nicely by the Breakout Channel constructed from the […]

The Dow & the Upside

  The Dow closed above a minor Weekly Bullish today. We still see this general consolidation pattern in play. The first real resistance level remains at the 18500 zone. There is still the chance that we get an early high in March with a decline into the May/June period. That would point to a rally […]