Tuesday, January 23rd, 2018

The financial markets have spoken their opinion about the Tuesdays election very clearly in simple easy terms: Massive sell offs. The Wall Street and the people who run this stock market have also spoken via a normal public relations channel called relentless sell offs. There should be no doubt in your mind what they mean […]

May’s unemployment numbers added only 69,000 jobs to the economy, a number far much than the 125,000 jobs needed just keep the unemployment rate up. Hence the unemployment rate jumped back to 8.2 percent and reversed in gear. It is no wonder that the stock market plunged at the opening bell and never recovered. The […]

What is a Golden Cross? It is an event when a 50 day moving average crosses 200 day moving average from underneath. It has all the bullish connotations. That means the market is bullish and that the long term outlook also has changed from sideways to a slight slant to the upside. If the market […]

There was a rally on Monday and the marker rested on Tuesday and today the market gaps open heavily on the upside. All the stocks gap up likewise. Its a work of professionals. They are jockeying this beast to heavens, Last week it was being pummeled to death and this week everything is hunky dory? […]

WOW! Are we back in the saddle again? Not so fast. There will be time we will, ride those wild wild horses, they couldn’t drag me away. That was a line I stole from Rolling Stone’s song and distorted it. Actually butchered it. The market crashed last week and it looked like the world will […]

The Headline news risk remains high.. anything bad and the bears pounce on it. There is no shortage these days and so the market is  down below its 50 day moving averages on all three major indexes SPX, NDX and RUT.  The volumes are high suggesting institutions dumping shares. The internal on the market are […]

There are numerous reason for the market to be down.   Japan and the nuclear meltdown and Libya most importantly.  Bad news brings out bears and bears attack in droves and push the indexes down and crater leading stocks. SPX, RUT, NDX are all below their 50 day moving averages and in the hands of bears […]

Market still remains very tricky. Any attempts to trade to the long side is getting met by defeat after defeat for bulls. Market gapped opened and SPX was up to 1042 in first hour of trading. Many people bought into it as they came back from a 3 day weekend. That was a mistake. It […]

Stocks have fallen since the SEC decided to sue Goldman Sachs for fraud. This the one line nugget you can find on Yahoo Tech Ticker, and there are lots of other reasons there as well. But the main reason why this market crashed and burned with this much ferocity was the Financial Reform Act that […]

Here is a quick video on the crash from my desk. Dow dropped 900 points Intraday. Related Sites Latest Home Office Furniture Auctions | Home Computer Desk … art nouveau writing desk | Antique lamps Nigel Farage plane crash: the perils of election travel …