This up trend that started with the election has been broken. Does that mean that we have a medium-term correction developing? It isn’t too convincing yet, but it is a start. Technology is taking a well deserved break. There should
June 30, 2017
Q2 was quiet, and it ended with a whimper. U.S. stocks finished up 3% for the quarter but down slightly for the week. International stocks were up slightly for the week and outpaced the United States for a second consecutive
Thursday night (Friday morning in Sinapore) CNBC Asia’s Street Signs program must have had an interview cancellation, because they needed someone to give them 3 energy stock picks in response the Trump’s “Energy Dominance” speech on last minute notice.They sent me (and
In case you haven’t noticed, folks are getting nervous about tech. Here’s what the Nasdaq 100 did in June: And that’s a real shame, because tech was the glue holding everything together in the face of increasingly lackluster data and
In case you haven’t noticed, folks are getting nervous about tech. Here’s what the Nasdaq 100 did in June: And that’s a real shame, because tech was the glue holding everything together in the face of increasingly lackluster data and
The ‘trap door’ was sprung immediately after pre-opening futures shifted from up to down, continuing the alternating series of reversals seen this week. It recovered some after President Trump focused on ‘Energy Dominance’; just the term I hoped he’d use
The complexion of the market changed considerably in June as fatigue finally set in after a very strong rally. June was littered with a spate of heavy volume down days, especially in tech stocks, which is not ideal
Brazil’s Finance Minister Henrique Meirelles expects a lower economic growth rate for 2017. He expects the GDP to grow 2% year over year in the fourth quarter compared with the earlier estimate of 2.7%. Therefore, the full year average is
<< Watch Part 1
Posted Jun 30, 2017 by Martin Armstrong Following a weak US session, Asia fell in sympathy with US prices and then leveled as China’s core held in well, especially as PBOC set the YUAN rate at 6.7744 – the highest
