Despite a better than expected GDP in Japan (almost double expectations) yesterday failed to inspire much of a follow through today. That was the case until the cash market closed and it was only then that the Yen took a turn for the worse. In late US trading the Yen broke into the 109 handle […]

That was interesting! Obviously well trodden ground now but the DOW futures were around 800 points lower at the time the Asian cash markets closed. The Nikkei was down over 5% on the day and as result of market bouncing in early US trading the futures are up over 900 points (5.75%). The Yen traded […]

Our computer projected a reaction rather than a change in trend. In the Dow Jones Industrial cash Index, the major support lies down at 17330 area. The technical support lies at 17283 for next week as well. Many will expect the reaction to a Trump victory to be the same as BREXIT. Our computer is […]

Well, the election that seemed to never end is finally coming to an end, but will it end today? This is very interesting to watch how biased the press has become and clearly they have lost all credibility. This election is the most dramatic I have ever seen in my lifetime. Normally, there is really […]

Markets were dominated by the overnight news that the FBI would be taking no action over the newly uncovered Hilary Clinton emails! As soon as the news broke we saw positive price action for most core indices (cash and futures) with a decent bounce in the US Dollar whilst last weeks safe-haven bids (precious metals […]

As Japan was on holidays Thursday it was today that the Nikkei cash market caught up with yesterdays futures decline. With the market still nervous surrounding the FBI’s investigations ahead of the US elections, coupled with todays release of the Non-Farms Payrolls prices were hit closing down 1.4% on the day way before numbers were […]

As we move into the elections and the polls narrow with Trump gaining, the power that be will try to push the US share market down to create the image that a Trump victory will be devastating just as they did in Britain. The number to watch in the Dow for today’s closing is 17713. […]

QUESTION: Mr. Armstrong; You have pointed out that both Republicans and Democrats have voted for wars and they really seem to have no differences on this issue. You have said they use the social issues to distinguish themselves, but war and economics they seem to always agree. Do you have any insight on this phenomenon? […]

Headine:  Democrats should ask Clinton to step aside I fully agree from my “opinion” perspective that Hillary is a disgrace and she should step aside and Joe Biden should be the Democratic Candidate. Americans have “become so numb by the decades of lies and cynicism oozing from Clinton Inc. that it could elect Hillary Clinton as president, […]

  The Nikkei continued its march despite the weakness seen in other Asian markets as currency continues to be the counterbalance. In late morning trade we did see a retracement back towards unchanged level but that was short-lived and as soon as the afternoon session resumed trading the buyers lifted it again and we closed […]