This is a discussion focusing on the prospects of the rise of a Third Party for 2016 and what to expect overall as we approach 2015.75 – Big Bang.

  The Dow held our Weekly Bearish Reversal at 17722. We warned that “The main bank of support begins at the 16300 area. A weekly closing beneath 17722 will shift the market into a basing mode.” There appears to be in place a consolidation phase with the Dow churning back and forth until May. We […]

  A weekly closing in the Dow Jones Industrials below 17722 will confirm that the January correction where we have had that Panic Cycle due in the middle of the month is in play. This will open the door to a retest of the 16300 area. Keep in mind that we did NOT achieve the […]

  The Dow continues to press higher despite the yelling and screaming this is a huge bubble. The oscillators even dispute that claim. Here is the Dow reconstructed back to 1790. We are just starting to poke through to the upside warning that high is not yet in place. Our year-end number for 2013 was […]

It seems the one primary area that people disagree with the view of the future is the rise in the dollar that is on the horizon. I have warned that in discussions behind the curtain, there will be a move to replace the dollar as the reserve currency. I have also stated that the only […]

  The Dow elected only the Daily Bearish on Monday not last Friday which was also a Weekly. Therefore, no Weekly Bearish has been elected leaving 17235 intact. Hence, a closing today above 17,758 today will be an indicator that higher highs are yet to be made. A closing above 17970 will signal a breakout […]

  For months, our computer has been targeting next week – the week of December 15th. This target appears poised to present a low perhaps on Monday, which is also a panic cycle target.   We can see that the Dow has remained nicely within the upward channel. So far it has not broken key […]

Jamie Dimon, head of JP Morgan, personally telephoned individual lawmakers to urge them to vote for the repeal of Dodd Frank. This is getting really out of hand. Let us make this very clear. Besides the fact that these banks LACK the models to prevent them from blowing up every single time running to government with […]

The Dow did not elect any bearish reversals. During a breakout, the market typically falls back to retest the channel from which it broke-out. Any sustainable pause require a closing below 17235 for starters. A close below 17644 will suggest a move back into the upward channel. Nevertheless, the first hurdle remains in the mid […]

  Crude oil has collapsed under $65 to a new five-year low on predictions that oversupply would keep building until 2015. Indeed, We are preparing a special report on Energy. Some people have assumed this is a covert manipulation to bankrupt Russia. This is not true. We are in the last throes of the collapse […]