The US government has now moved into the second week of a shutdown with 810,000 federal employees furloughed without pay or 28% of their work force. Some believe there is no end in sight largely because the Democrats are trying to use this to destroy the Republicans and the Tea Party. For this reason, Congress […]

The U.S. government began to shut down for the first time in 17 years early Today, after a bitterly divided Congress over Obamacare defunding failed to reach any agreement as expected. What must be stated openly is that the “New Deal” of Roosevelt has actually destroyed the very fabric that formed society that nobody wants to […]

There have been people desperately trying to hack into our site for months now. It is not the NSA, CIA, or other government entity. They would rather have us up to get access to forecasting than down. The source has been private and it correlates to when stories are posted about a certain organization. The […]

QUESTION: Martin They added new Dow Stocks and according to this chart they are now the new ” Dogs of the Dow”. I remember when they added Intel and Microsoft in 2000. My only thought was “that’s a really bad idea” If the Dow is to double in the next 2 years these puppies will have […]

So far, everything has still followed the turning points. We got the fall in the US Share Market into early September and the bounce has been very strong. This is what I was warning about previously. The majority were very bearish and the shorts were lined up counting their profits. That provided the fuel for […]

It looks like we are headed to a shut down. The House will pass a Continuing Resolution for the debt ceiling, but they will include no funding for Obamacare. Not only do the Republican constituents demand they get rid of Obamacare, but as of January 1st, Congress is forced itself to go under this system. […]

Glen Downs is a Chief of Staff on Capitol Hill working there for nearly 30 years. Glen sees what is coming and is also deeply concerned. He will be the first to tell you Congress will do nothing to prevent anything. While Glen is not into the forecasting role, he is behind the curtain and […]

The Dow components are changing effective September 23rd. Goldman Sachs (GS) , Visa (V) and Nike (NKE) are in. Alcoa (AA), Bank of America (BAC), and Hewlett-Packard (HPQ) are out.

We elected the first Minor Weekly Bearish Reversal at 14825 but not the second at 14805. This warns that we still should press lower perhaps into next week. However, it does not signal a complete breakdown. The bottom of the Uptrend Channel lies at 14233 for next week. The Weekly Bearish Reversals are 14805, 14450, […]

Gold has rallied up to the key resistance level. We now need a weekly closing above the 1423 level before we go further on any sustained basis. The Daily Bullish Reversals are 144500, 146200, and 147730. The Daily Bearish now lies at 135400 so watch that level below. We should have had a temporary high […]