Showing 1005 Results for brexit
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Showing 1005 Results for brexit
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May 9, 2016
China’s trade balance (released overnight) was not great (Est. $40bn but the actual release was $45.56bn and exports contracted 1.8% in April) and had a negative effect on equities from the open. The Nikkei and Hang Seng were heavily influenced by oil’s rally given the very sad news of the Alberta fire incident. Japan and […]
May 8, 2016
QUESTION: Marty; Are you saying that Bill Gross is wrong and they will not try “helicopter money” again or that “helicopter money” will not stimulate the economy? ANSWER: Whether or not the Fed tries to apply “helicopter money” is highly debatable. Bill Gross DID NOT make a forecast that any QE (Quantitative Easing) would be successful or […]
May 6, 2016
In the Dow, we have technical support at 17573 and a Daily Bearish Reversal at 17568. At the time of this posting, the Dow is trading at 17633 and the low has been 17580. A closing beneath this level will warn we could see a decline into the week of the 16th. The primary Weekly […]
May 3, 2016
On Tuesday, Ted Cruz ended his campaign. His loss in Indiana extinguished any chance of denying Mr. Trump the nomination. Trump easily took Indiana, demonstrating that the people are simply angry at those in Washington. Trump said, “We’re going after Hillary Clinton.” Our models have shown that the Republicans should win. Only one of our four […]
April 30, 2016
We will do a brief video update tomorrow on the general state of the markets given we have elected Monthly Bullish Reversals in several currencies. While we have been looking for the euro to reach 116, we have now clearly extended the sideways rally given that the major low for last year took place in […]
April 28, 2016
QUESTION: All three are moving together since mid-January. Does that mean all three are already aligned and a lift is now possible? Or do we go to retest the January lows first? ANSWER: This is the preparation for the coming Slingshot Move. Everything is pushing it to the limit. We are carrying the weight of the world around […]
April 23, 2016
Obama went to London at the request of David Cameron and the EU Parliament. Obama joined the scare tactics in an attempt to frighten the British into giving up their sovereignty to Brussels. He used the TTIP trade deal, which the French want to block, and said the agreement is why the Brits should stay in the EU. […]
April 20, 2016
Nikkei opened well and also saw a retracement of the JPY, but unfortunately, other Asian indices did not follow suit. Having seen a 0.5% gain in the first hour of trading, we spent the rest of the day drifting back to almost unchanged. Shanghai and Hang Seng, meanwhile, were hit from the opening and really […]
April 14, 2016
The market was right to focus on the Japanese Yen over the past few days having witnessed a convincing dip in the Nikkei that many wish they had bought. Having been concerned last week of the 16k level, tonight we are discussing the 17k point after a 530 point rally today. Both Shanghai and Hang […]
April 13, 2016
The Dow Jones took out the Weekly Bullish but not the key one at 17846. This is why we are basing without immediate follow-through. Nonetheless, our primary technical targets for the year stand at 17345, 18791 and 18880. Holding the 17345 level warns that we are still move to the upside. A weekly closing above […]