Mario Draghi of the ECB (European Central Bank) has cut a deal to fight inflation with BlackRock to advise on a possible bond-buying scheme to flood the market with euro cash. BlackRock will help the ECB to design a program to buy asset-backed securities as part of the regulator’s plans to ease credit conditions in the […]

The debate over the pending crash in the stock market seems endless. Whether or not margin debt as reported by the NYSE has relevance any more is an interesting question in a world in which the retail investor has abandoned investing (decline in liquidity). The real marginal buyers are hedge funds and some banks while […]

With the Sovereign Debt Crisis, Bail-Ins, Cycle of War, Global Contraction if Capital Flows & Investment, welcome the age of DEFLATION and yet another reason to BUY equities. The NASDAQ Composite is up 50.9% from the 2007 high as of the close of July. This index still has the capability of reaching 650000 level compared to the […]

The primary reason we run our model on everything at each time level is to distinguish short-term moves from long-term. For those who may be relatively new, our models are highly fractal. They were originally developed on intraday trading. It was then observed that the very same patterns which appeared intraday would migrate upward through […]

We still see the US share market rising sharply. The cash SP500 should reach the 3000 level. We have an important Monthly Bullish Reversal standing at 212342. Only an August closing below 193000 would be short-term bearish. There remains no other game in town. With the lethal combination of the Sovereign Debt Crisis and the […]

QUESTION: Marty; You have emphasized how you track world capital flows and conducted your research even in the flows of capital and disparity of interest rates between regions in the Roman Empire. You have mentioned that liquidity has collapsed and that capital has fled from emerging markets that is also putting pressure on Russia before […]

The S&P500 elected a Daily Bullish Reversal last week and a rally unfolded thereafter. But we see this as posturing just yet. The volatility will begin with the first week in September and then rise into November. This market does not appear to be in crash mode – only a correction mode buying time. The […]

United States Court of Appeals,Second Circuit. Martin A. ARMSTRONG, Petitioner-Appellant, v. Joseph R. GUCCIONE, United States Marshal for the Southern District of New York, and Marvin D. Morrison, Warden, Metropolitan Correctional Center, Respondents-Appellees, Alan M. Cohen, Intervenor Receiver-Appellee. Docket Nos. 04-5448-PR(L), 05-0280-PR(CON). Decided: November 27, 2006 Before:  WALKER, LEVAL and SOTOMAYOR, Circuit Judges. Thomas V. Sjoblom […]

On December 6th, 1994, Orange County California became the largest municipality in U.S. history ever to file for bankruptcy. The financial difficulties leading to the bankruptcy were the direct result of an enormous gamble with public funds taken by a county treasurer who was seriously under-qualified to deal in the kinds of investments he chose. […]

Telstar News Conference July 23rd, 1962   THE PRESIDENT. Good afternoon. [ 1.] I understand that part of today’s press conference is being relayed by the Telstar communications satellite to viewers across the Atlantic, and this is another indication of the extraordinary world in which we live. This satellite must be high enough to carry […]