The time to buy stocks is when there is “blood in the streets”. In late August through early September 2015, my sentiment charts were screaming BUY. That was a great time to buy for a tradable rally. I took profits as the markets rallied through the end of 2015 and sentiment rose. Many sentiment indicators…
The DAX 30 (FXCM: GER30) is bearish below Wednesday’s high of 9129 and given this downtrend, traders will most likely use a correction to 9000 as an opportunity to add to their bearish exposure with stops above 9129. They will most likely target this week’s low of 8696 and on a break to this level, the psychological…
Technical Outlook: SPX went all the way down to the 1810 level momentarily, and thereby breaking the critical 1812 level. However, immediately right after a WSJ headline came out that OPEC was willing to consider a production cut and that send futures skyrocketing off of their lows – 27 points in less than 20 minutes. …
Financial markets often behave like demanding, spoiled, and fickle children. If they don’t get what they want RIGHT NOW they throw a temper tantrum. That is exactly what bourses are doing around the world. The Dow Average rallied 500 points this week in the hope that my former Berkeley economics professor, Federal Reserve governor Janet…
The USA is turning into the Weimar Republic. On the one hand we have a fervent nationalist and on the other a righteous socialist. Both of them have weird hair and, unlike their German predecessors, are not magnetic orators. But it is still scary to someone bi-cultural. I was raised by parents who had lived…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Pure Energy Minerals — all over the Nevada lithium scene, before anyone ever heard of a, “giga-factory” Pure Energy Minerals (TSX-V: PE) / (OTC: HMGLF) / (Frankfurt: AHG1) is the second most advanced Nevada (NV) lithium junior. The Company…
It is good news for silver investors when significant nominal peaks of the Dow are formed. This is because significant nominal peaks in the price of silver tend to come after significant nominal peaks in the Dow. This has been the case for the last 90 years at least. The two most significant nominal peaks…
China’s economic Then & Now By peeling back to history, we know that since the 1980’s China’s economic system has been associated with being a ‘socialist market economy’. However, there has always been some form of denial by the Communist Party. The party rarely admits openly to the outside world that capitalists still run strong…
Calamities are of two kinds: misfortune to ourselves, and good fortune to others. – Ambrose Bierce Student debt is increasing at the rate of almost $3000.00 per second; this is stunning considering that education in our system does not even rank in the top 10 globally; we are ranked 18 out of 20. Worse yet, it…
Last June, Jeralean Talley, who had been the oldest known living person in the world, passed away in Detroit at the grand old age of 116.That left Susanna Mushatt Jones, also 116, and the second known living person born in the 1800s, to assume the throne. When asked about the secret to her longevity, the…
