Year-End 2013 Number   The Year 2013 has been a great year for equities and a rough year for commodities. Gold has put in its worst performance since 1981 while the Nikkei has put in its best performance since 1972. As we look ahead, 2014 will begin the rise in Civil Unrest that will […]

COMMENT: Trading: I cannot do stock trading on the exchange as I will always loose.Trading is a zero sum business if you include seller, buyer and bank/broker fees.I believe that the winner on trading are the banks and the brokers. I believe that “Naked” trading and speculation by the big banks has ruined the free market and […]

As the U.S. economy enters its fifth year of expansion after the worst recession in seven decades, our own leading survey we conduct with retail merchants report on average that this has been the best year in retail business since 2006. It did not top the sales of 2006, but every year since. We will […]

COMMENT: Your story (of the little girl) tears at my heart.  However, it is one thing to feel sorry for her, but another to do something to actually help her. A few years ago, we adopted three little girls who were born to drug addict parents.  I wonder how difficult it would be to start […]

QUESTION: Mr. Armstrong; I believe reading between the lines, you discovered something incredibly important yet everyone looks at you in the wrong way as if this is all some theory you began with in the traditional manner. Things like random walk are theories to justify someone who could not discover anything so they created a […]

QUESTION: Hello Martin So what I can understand about the potential upcoming cycle inversion is that it will not produce a phase transition in equities going into Sept 2014 but after Oct 2015. Is that correct ? Also when is the earliest that we will know if this phase transition will occur ? Thank you again […]

The Dow Jones Industrials rallied sharply with the Fed starting to taper. We have a near double top but today was a turning point and this week was also a target for a Panic Cycle which seems to be on point. However, while the market remains strong long-term, there are signs of some exhaustion starting […]

The employment and growth data have improved since the last Fed meeting in October, and Congress has reached a two-year budget deal that takes them right up to 9/30/2015 perfectly in line with the ECM peak at 2015.75. Our target date has been published for years and is a straight mathematical formula. The precise day […]

Gold had a chance to at least rally and clean out some shorts, but could not close above 1243. The Dow is in the same position. We may be setting up for a MAJOR protraction of these trends for the next peak in the Economic Confidence Model 8.6 Year Wave in 2024. This implies there […]

Nothing has changed with the Euro v the dollar. We are waiting for the turn in 2014 and that remains in place. In order to set the stage for the worst of the worst, we need to move to extremes in both directions. Economically, Europe is a disaster. You typically have the currency rise in […]