Happy Valentine’s Day! Today’s headline “Trump, Sanders are they killing the market?” Seriously… on the front page of Barron’s magazine? Let’s get real people… No, they are not killing the markets. What we are witnessing right now are the effects of intermarket relationships at play. A strong US Dollar is a great thing during a […]
The good news regarding last week’s action in the market is it felt a lot worse than it actually looks on a chart. Now, we aren’t saying that it was a pleasant decline, but this was a decline inside a trading range. With that said, we must alert you to the fact that the Bollinger […]
Cu Rua, the ancient special turtle from Hanoi Vietnam, has died. Is this a bad omen for Wall and Broad? Confucius say be cautious! Here in the USA there is talk of a possible “Battle of the Billionaires” this coming November and that’s not from Confucius. The current rumour is that Michael Bloomberg is considering […]
Some of the wild action seen in the Friday session was due to option’s expiration and some of it was just pre-holiday adjustments. We knew the retreat was coming; we were lucky enough to have figured that out for this newsletter. What we don’t know is how long this retreat will last. A lot depends […]
Although the Chinese markets, Saudi turmoil and North Korean nuclear test have been given credit for last week’s market retreat, there are other factors that are being ignored. We have been warning that a strong US Dollar will have a deflationary effect on the US economy and somewhat negative effects on the middle income earners, […]
Merry Christmas and Happy New Year! This shortened week has been very exciting for the bulls with three of the four days bragging of robust rallies. Even the retreat in the shortened Christmas Eve session was positive for the market insomuch as not much ground was lost. This coming week will be very slow, volume […]
It is official, Christmas will arrive on December 25, so gear up for the shopping bonanza. This year Christmas is a Friday giving the retailers a few extra days for returns and additional shopping. The recent violence in the world has scared many visitors and shoppers away from crowded areas. We were in NYC yesterday […]
