Showing 9027 Results for dow
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Showing 9027 Results for dow
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August 6, 2015
Our computer says that Bill Clinton will not get to dress up for White House Parties — what a shame. He would have been one of the sexier/flirtier First Ladies we’ve had in a long time. The election cycle for 2016 seems to be another forecast that the computer has been spot-on about. We will see […]
August 5, 2015
With the exception of the bond sell-off yesterday, the markets behaved reasonably well – even in thin summer trading. This comes after Federal Reserve Bank of Atlanta President Dennis Lockhart’s comments that the Fed is poised to raise rates. Today, we saw a mixed Asian session for equities with both the Nikkei and HSI ending with small gains (+0.45%) whilst the […]
August 4, 2015
None of the core Asian Equity Indices managed to trade in positive territory today: Nikkei (down 0.19%), Shanghai (-1.12%), and HSI (-0.92%). We saw weakness again in Asian currencies, and this mood worked its way in Europe as well. The first trading day in the Greek stock market after its official closure saw a 17% […]
August 4, 2015
Gold remains extremely weak. We need a daily closing above 1108 to say the low is temporarily in place and a bounce back up is possible. The 1080 level is critical support on a daily closing basis, and it remains possible that gold can break to the downside moving into September if the July low […]
August 4, 2015
Congress kicked the can down the road to precisely the ECM target date. This is when the government will go into shutdown mode. There is a greater than 50/50 chance that there will be no deal to extend the debt ceiling, which never ends. This merely reflects that there is no control over fiscal spending, […]
August 4, 2015
Saudi Arabia pumped a record 10.564 million barrels per day in June, showing that as prices decline, a record level of production is unfolding. Governments in the Middle East have budgets that are now in serious trouble. As oil prices decline, output is increasing beyond OPEC quotas because they need money to make up for lost revenue […]
August 3, 2015
QUESTION: Thanks for the latest posts.I have 3 queries if you care to consider them. Some years ago you used to say $5000 and $12000 when contemplating gold’s upside.Now the latter seems out of reach.Can you indicate what caused you to change your mind? Secondly, regarding a possible Republican Presidential victory, does this correlate with a […]
August 3, 2015
Gold elected the Monthly Bearish at 1155 and we did so well below that level, holding the 1084 number both weekly and monthly. Our energy models are turning positive, so it does not appear that we will have major follow-through at this time. When you elect a Bearish Reversal that far from the number, you […]
August 3, 2015
The asset class within tangible assets in the immovable category is none other than real estate. This greatly varies from one location to the next. We face two main problems with real estate because we are facing a major Sovereign Debt Crisis. First is the fact we have a problem with leverage reflected within interest rates. While many tout […]
August 3, 2015
QUESTION: Mr. Armstrong; Your timing has been incredible. It is becoming clear that your forecasts are time and price which are separate. You have opened my eyes to a whole new way to observing the world. Do you think gold will still reach $5,000 after 2016? Thanks so much RB ANSWER: Yes, but as I have stated […]