QUESTION: Marty; You do realize you correctly forecast the takeover boom and the reversal in trend in 1985 followed by the peak of Japan to the day and the fall of communism with your 1989.95 peak in the ECM. Then with 1998.55 you forecast the collapse of Russia and were named hedge fund manager of […]

The Global Market Watch (GMW) is only an advisory tool. It is not something to trade on by itself. It is merely a system designed to be an alert. We were articulating this in the verbiage under “Pattern Recognition,” but it led to more confusion since it can be opposite of other models simply because it is purely pattern based. […]

With the exception of the firmer Hang Seng (+1.75%), core Asia was pretty much mooted. The big news today was BREXIT again when Boris Johnson withdrew his name for potential Conservative Leader. This comes on the tail of Michael Gove declaring his willingness to throw his hat in the ring. Markets were firmer (around +0.5%) […]

The “remain” crowd thinks this is all over in Britain because Boris Johnson will not seek the PM position in the Tories, and this appears to be setting up for Theresa May to take the PM position. One reader wrote a rather nasty comment: “Your supposed ‘revolt’ will never materialize, as the English themselves are quietly […]

Asia performed well in what appeared to be trading in shadows the majority of the day. Rumors that the PBOC were about to cut rates saw a rally in Shanghai (+1%) only to drift off the highs by the close. Rumors of more BOJ easing (attempting to put even 40yr bonds into single digits). It […]

A very serious issue is starting to rise behind the curtain. Obama is blasting Trump as part of some global elitist group that does not exist outside of those in Obama’s camp who subordinate the people to government. Indeed, it was Obama who played the role of political elitist by interfering in Britain quite disgracefully. He […]

Rating Agencies Testify Before Congress for their AAA-Ratings after 2007 Standard & Poors downgraded United Kingdom (UK), which is comprised of England, Northern Ireland, Scotland, and Wales, from AAA to AA. This shows emotional and political bias rather than any substantial change in economics; they are making good on their political threats of 2015. S&P […]

COMMENT: Soros has been long gold and sold all his stocks. He made a fortune. REPLY: No professional trader tells people what he will do in advance. Those announcements were made AFTER Soros took a position. I believe they were stories to create his exit. You get people rushing in who think they are joining […]

Sources are talking about desperate times in Brussels. The reaction in Brussels is never reform, but rather more draconian measures. A nine-page report exists discussing how the leaders of Germany, France, and Italy met in Berlin for BREXIT crisis talks. The solution? They want to shut down any democratic possibility of disagreement, as they know […]

As we expected weekend headlines would dictate Monday’s trading and that is exactly what we have seen. The GBP continues to fall spreading uncertainty and confusion around the globe. In the UK the opposition party (Labour Party – known as the Shadow cabinet) saw ten members resign on Sunday and an additional nine members resign […]