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Dow & The Future

The Dow Jones Industrials basis the cash has been moving up reaching 14932.68 during the week of April 8th. Next week is the key turning point followed by the week of May 20th, June 3rd, and June 24th. Next week is a directional change si if we see a low that holds 14334 for the […]

Dow Getting Tired

The Dow is starting to get a little tired on the daily level. The Uptrend Channel rests at 14568. A daily closing below 14450 will signal a correction short-term. Volatility starts to rise next week. The Oscillators are confirming on the daily level the market its tired. The big turning point is due the week […]

Fitch downgrades China’s In ANTICIPATION

The Fitch downgrade of China’s credit rating is interesting because it is ANTICIPATING that China will have to bailout the state and local governments as well as banks. Under this approach, Europe should be downgraded to JUNK status.  Fitch downgraded China’s sovereign credit rating for the first time since 1999 because of concerns that the […]

If Cyprus Opens the Banks – This will Be a Meltdown

Merkel said on TV: “On the one hand, the banks must take responsibility for themselves. That’s what we have always said. We don’t want taxpayers having to save banks but that banks save themselves.” It was the politicians who created the Euro when I warned them this would happen because you cannot have a single […]

Hollande is taking France Downhill Super Fast.

President Francois Hollande is the true champion downhill racer of all time. His polls have collapsed the fastest than anyone to ever head a government Hollande is now taking France downhill so rapidly, it is just astonishing. His latest proposal is to cut the salaries of France’s top private sector bosses. Their salaries will be capped […]

Gold – Dow – Dollar

The dollar is not sinking and will actually rise on geopolitical concerns as the safe harbor in  tempest of conflicting trends. Keep in mind that the majority of people who put themselves out there as analysts only focus domestically. They analyze everything as if all roads lead to Washington. That myopic viewpoint is why they […]

The Downside of Electronic Money – What is Left?

By eliminating all money government hopes to get every penny in tax. They are shutting down the global economy for Americans threatening to prosecute any foreign entity who refuses to report on what Americans are doing overseas. How can America expand into the global economy if Americans cannot operate overseas? This is part of the […]

Markets Dow & Gold

The Dow rallied for the normal bull count of 11 days reaching 14475.40. A closing below 14333 will signal a pause and a close below 14218 should signal a retest of the mid 13,000 level. Gold needs a closing above 1588 to signal a pause in trend for now. The low on this move came […]

New Highs on Dow – Low Volume?

We have to keep in mind that the world economy has not fully recovered. Trading volume on a global scale is about half of what it was in 2007. The Dow is ONLY making new highs in dollar yet. The low volume is actually bullish from the standpoint it is not OVERBOUGHT. We will see […]

The Dow High Nobody Believes

The Dow Jones Industrials has rallied in the face of incredible skepticism with a litany of reasons why it shouldn’t be happening, that are of course all domestic oriented. This is fantastic for it shows the market is NOT historically at a high. Bubbles come when the vast majority claim the rally will never end. What is […]