QUESTION: Mr. Armstrong, with your 2015.75 turning point on the ECM, you said that was the peak in government and the following 4.3 years would turn down rather hard. You also said 2016 would be a strong rise in 3rd party activity and people are now talking even about Bernie running 3rd party. You said […]

QUESTION: Mr. Armstrong, it seems that there is a cycle to everything. I am starting to notice there appears to be cycles in the use of words especially in a legal context. Your piece on “discretion” is interesting how it evolves to suit the times. Money Laundering began as a drug crime and now it […]

The latest poll now places Trump ahead of Hillary 45 to 42. The storm continues to brew in the Democratic Party and our models show there should be a Republican victory. The Democrats appear to be going with Hillary who has over a 50% rating as being dishonest. On top of that, she is simply […]

The market seems happy that the JPY trades comfortable north of 110 as we saw a small 0.5% gain in the Nikkei today. Hang Seng performed better closing up over 1%. with Shanghai also closing near its highs. A quiet session to close the week but at least on a positive note. A quiet but […]

Gold has been backing off with the prospect of rising interest rates, but a weekly closing below 1225 will signal that the high is possibly in place. However, a weekly closing below 1205 will signal that a serious decline is likely. Technically, we can see critical points at 12434.47 and 1202.13, and a closing below […]

Interesting that both the Nikkei and Shanghai closed almost unchanged following a similar trading pattern today but the Hang Seng really could not even attempt break-even, closing down 0.6% on the day. The JPY closed above the bullish reversal but we have a large gap to wait for the weekly. In late US trading the […]

QUESTION: Marty, years ago you did a chart showing the projection for unemployment. I believe I understand what you were projection for the company I work for has been replacing people with technology on a large scale. So we can have rising corporate profits with rising unemployment as technology changes everything. Is there a point […]

Japan’s GDP showing today finally provided signs of life when the expected number of 0.1% was put to shame with a 0.4% print. However, it was only enough to rescue the Nikkei from the selling but did help to provide the days highs. By close of business the index had drifted back only to close […]

Things all looked good in Asia with the Nikkei closing up a little over 1%, Hang Seng following its lead gaining 1.2% and so it was only Shanghai that returned a small negative on the day. All was good following the strong US session and so we were lead mostly by energy and miners (BHP on the […]

At last year’s WEC, we warned that the collapse of the euro was underway. We achieved the Yearly Bearish Reversal on the close of 2015, but we did so far below the number. We had been waiting for the rally to retest the 11600 level, which we finally achieved. The ECB monetary policy has been […]