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Forecasts

Is the Recession Starting?

The ISM purchasing managers’ index for the manufacturing sector in December 2015 in the USA has plummeted to its lowest level since June of 2009. This warns...

Dow & the Immediate Outlook

QUESTION: Marty, at the WEC you said the Dow would go down in the first quarter. How far do you see this going this time? ANSWER: We elected a monthly Bearish...

2016: The BIG SHIFT

As we close 2015 and begin a new year, the markets generally closed flat to neutral with a warning that as we approach the political year from hell (2017) that this...

Closings Today will be the Year-End Signals

  Below is the holiday schedule for the markets. The closing for our models will be TODAY, and for the most part, this will be a full normal day. We are...

The Dow for Year-End — Will it All Just Go Nuts for 2017?

The Dow Jones Industrials still remains in a bullish posture on a broader perspective. The real critical support will lie at 16500 and the Panic Support is well...

Gold Update

Gold for year-end has a number of 1044.50 if we close BELOW this next Wednesday on December 31. If we close ABOVE this number, it will not provide a buy signal...

The Euro Year-End Closing Below 116.40

A simple year-end closing below 116.40 in the euro confirms that a broader correction is in motion; the earliest potential low is in 2018 with the potential to...

CLARIFICATION

First of all, someone is claiming that I put out some recommendation on DUST. I have NEVER recommended such an ETF and this appears to be a deliberate attempt to...

Evil People in High Places? Or Just Coincidence?

Dick Cheney is best known for being the head of Halliburton who then became Vice President. Cheney moved his office directly in the White House and ran the...

Keep the Powder Dry Going into Year-End

This is historically a thin period of trading. Things can be a bit more volatile for a lot of the big money parks and parties at this time of the year. The Dow has...