Trend Letter Blogs


Headlines – Oct 20/16

Draghi hints at extension of ECB bond purchases. Read story Where the next crisis will come from. Read story US jobless claims rise, but labor market still strong. Read story Oil falls as profit taken from strong gains. Read story Russia oil capable of significant output growth, Sechin says. Read story Russia taunts US with […]


Headlines – Oct 19/16

Wall St flat as oil gains offset Intel’s drag. Read story Dollar falls a third day as Fed seen taking gradual rate path. Read story General Cartwright is paying the price for Hilary Clinton sins. Read story China’s economy grows steadily at 6.7%. Read story EU believes trade deal with US won’t be completed this […]


Headlines – Oct. 18/16

Goldman Sach’s profit jumps 58% as trading revenue surges. Read story Rising gasoline, rents push US inflation higher in September. Read story Carney to ignore inflation jump as November rate cut seen. Read story Election expert: “We now have 4 million ineligible and dead voters on America’s voter rolls”. Read story Crown’s luck runs out […]


Headlines – Oct 14/16

Financial stocks lift Wall St after strong results. Read story The press buries Hilary Clinton sins. Read story More than one million in Obamacare to lose plans as insurers quit. Read story Samsung flags $5.3 billion hit from Note 7 failure. Read story US retail sales rose .6%, pointing to confident consumers. Read story Brazil […]


Headlines – Oct 13/16

US stocks at one-month lows as China data weighs. Read story Oil trades near $50 amid rising supplies as OPEC disputes emerge. Read story US jobless claims hold at four decade low. Read story Amazon adds 120,000 workers for holidays. Read story Unilever is treating the UK like a Latin American country with a dodgy […]


Keep a close eye on this chart!

S&P 500 update As we can see on the following chart, the S&P 500 traded below its wedge pattern yesterday (yellow shaded area), & is now flirting with its uptrend line that has been in place since the mid February low. The 2125 support level has held the last two times it was tested (green […]



OPEC points to larger 2017 oil surplus despite deal to cut. Read story Pound rallies as May agrees to let lawmakers debate Brexit plan. Read story Fed can be ‘gentle’ in raising rates, Dudley says. Read story Professor says college students have become ‘precious snowflakes’ living in a ‘fantasy world’. Read story Texas, once a […]


Germany to ban petrol fueled vehicles by 2030

Germany’s federal council, the Bundesrat, has passed a resolution calling for a ban on combustion engine cars by 2030. If the ban were to go through, German citizens would only be permitted to purchase electric or hydrogen-fuelled cars. The resolution, which has received cross-party support but has no legislative effect, calls on the European Commission […]


Is it time to buy gold?

When forecasting which direction gold is most likely to take, one of the key indicators we use is the Commitment of Trader (COT) data. This data is gives us a view of what type of investors are long, & which ones are short gold. There are two key groups that we watch closely: The Large […]


Headline – Oct 4/16

Tech stocks, Deutsche Bank lift Wall St. Read story Powerful hurricane slams into Haiti. Read story Gold tumbles below $1300 psychological mark. Read story OPEC crude output rises to record as Nigeria, Libya boost supply. Read story Pound tumbles to 31-year low. Read story Fed’s Lacker says he would have dissented at September meeting. Read […]


Headlines – Oct. 3/16

US stocks pull back after rally. Read story Deutsche Bank races against time to reach US settlement. Read story Deutsche Bank: What’s the risk? Read story Columbia Peso weakens with bonds on shock peace deal rejection. Read story Pound falls as PM May announces Brexit timeline. Read story Oil rises to 3-month high as investors […]


Headlines – Sept. 30/16

Wall St opens higher as financial stocks rise. Read story Deutsche CEO tries to reassure staff as shares plunge. Read story As Deutsche Bank struggles, European bank rally creates investor dilemma. Read story The biggest real estate bubble isn’t London, San Fransico, or NY; It’s Vancouver. Read story European banks are asking ECB for a […]


Why should we care about a German bank?

While tens of millions watched the US presidential debate on Monday, investors who understand the global economy were watching the shares of Germany’s Deutsche Bank (DB). Why should we care about a German bank? Deutsche Bank is the 4th largest bank in the world, with over $2 trillion in assets. It also has one of […]


Headline – Sept 28/16

Wall St rises as energy, financial stocks gain. Read story Deutsche Bank sells UK unit, rules out capital increase. Read story Germany denies preparing Deutsche Bank rescue plan. Read story Draghi goes head-to-head with German critics of ECB policy. Read story Instant coffee brand promises men instant erections. Read story China’s ambitious plan to make […]


Headlines – Sept 27/16

Saudi’s, Iran dash hopes for oil deal in Algeria. Read story Wall St propped up by tech stocks. Read story Trump, Clinton ratchet up attacks. Read story Deutsche Bank shares fall to fresh new lows. Read story WTO cuts world growth to slowest rate since global financial crisis.Read story BlackRock warns on Treasuries as Fed […]


Headlines – Sept 26/16

World stocks get twitchy ahead of Trump, Clinton showdown. Read story Stocks fall as Deutsche Bank leads rout in lenders; Bonds climb. Read story Oil rises as OPEC meets, volatility hits post-Doha high. Read story Former IMF Chief Rato on trial for Spain Bankia fraud. Read story  US bond market’s biggest buyers are selling like […]


Equity market update – September 15/16

For over a month now, we have been highlighting the potential correction scenarios for the S&P 500. Below is the chart we showed on August 28th. At that time we highlighted that the first two potential corrections (black & blue arrows) represented healthy pullbacks. We also noted that if the Key Support at 1978-1998 (green […]


Headlines – September 7/16

World stocks hit one-year highs as Fed hike prospects fade. Read story Fed’s Williams says US economy in good shape, wants rate hike. Read story Oil rises, but doubt over output deal tempers rally. Read story Bank of England’s Carney says he’s ‘serene’ about Brexit warnings. Read story How Snowden escaped Hong Kong. Read story […]


Headlines – September 2/16

Wall St rises as jobs report reins in rate bets. Read story Manufacturing jobs go unfilled due to skill gap. Read story Oil up, but heads for biggest weekly loss in 8 months. Read story Trudeau uses business speech in China to focus on human rights. Read story Putin pushes for oil freeze deal with […]


Headlines – September 1/16

Wall St opens flat as investors await jobs data. Read story Manufacturing in US contracts for first time in six months. Read story EU ruling on Apple’s Irish tax is ‘total political crap’: CEO. Read story Weak Pound drives UK factories back from Brexit shock. Read story US layoffs remain low; labor costs spike in second […]



Wall St rises as hawkish Fed boost financial stocks. Read story Central bankers spurn call for radical approach at Jackson Hole. Read story European stocks fall as Fed outlook lifts US dollar; oil declines. Read story Beneath Yuan quiet, China worries rise. Read story Massive BOJ stimulus shock looms, says $2 trillion UBS investor. Read […]


Headlines – August 26/16

Fed chair Yellen sees stronger case for rate hike. Read story World’s largest Pension Fund loses $52 billion in stock rout, Read story Puerto Rico Pensions: $2 billion in assets, $45 billion in liabilities. Read story US corporate profit climbs as GDP ticks down to 1.1%. Read story TD, CIBC results beat expectations with higher […]


Oil headed to $30?

Is it really possible that we could see oil drop back into the low $30 range? – absolutely! While the mainstream media is all abuzz about yet another potential OPEC production freeze, supply continues to outpace demand. Even if OPEC were to agree to a freeze, which is unlikely, they are talking about a freeze […]


Headlines – August 25/16

Stocks fluctuate with bonds as traders brace for Yellen’s speech. Read story Central bankers eye public spending to plug $1 trillion investment gap. Read story Baltimore police defend secret aerial surveillance program. Read story Chicago’s detective force dwindles as murder rates soars. Read story Italy death toll nears 250 as rescuers search demolished towns. Read […]


Headlines – August 24/16

Earthquake in central Italy leaves dozens dead. Read story Wall St opens lower as investors eye Fed. Read story Developing-nation assets drop on political risks as Oil declines. Read story Fine-print fortune: Two ex-Goldman traders look for bonanza in mortgage bonds. Read story Largest Oil companies’s debts hit record high. Read story Merkel tells Renzi […]


Headlines – August 23/16

Wall St opens higher for first time in three days. Read story Dollar dips on Fed rate hike doubts. Read story Bank of Japan’s rush into stocks raises fears of market distortions. Read story It’s getting scarily quiet in the stock market. Read story Ten reasons why BOA thinks US stocks have an ‘elevated risk […]


Market indicators at extreme levels

Long-term, we are very bullish on the equity markets, but in the short-term, our indicators are warning of a correction, & potentially, a blow-off correction. The S&P 500 is nearing an inflection point, indicating that we are about to see either a moon shot higher to challenge the next strong resistance level, or it corrects […]


Clinton Cash, the documentary

We have warned for over two years now that 2016 would be the start of a major Trend Change, where the masses finally figure out that those in power are only looking out for themselves. We have highlighted that as Western economies start to crash, the people will finally lose confidence in the governments, & realize […]


Oil drops below $40

Oil closed today below its Near-term Support level of 40-42. Back in early June, when oil was trying to push above 50.00, we noted that the bullish sentiment was too high, & warned that oil was likely to pull back & test the 41.00 level. As we can see on the following chart, oil has […]

Hilary and Lavrov

Oh oh….Hilary has a new problem: Skolkovo

Russia’s influence the  American political system has been in the news lately, especially as the mainstream media tries to link Donald Trump to Vladimir Putin and the DNC hack. What the mainstream media doesn’t tell us is how a  report published by the Government Accountability Institute presents a whole new twist in the Russia/US political ties. It all […]


Headlines – July 12/16

Global stocks, sterling rally on stimulus hopes. Read story Return of oil contango shows price recovery to be bumpy rise. Read story BOE’s Carney hints at more stimulus after Brexit. Read story Japan to craft stimulus by end-July, may issue construction bonds. Read story Oil bounces back from two-month lows on weaker US dollar. Read […]

Banca Monte dei Paschi Siena

Italian banks on the brink!

Over the past six months we have been warning that European banks were in big, big trouble. We have published charts such as the one below of Deutsche Bank, showing how beaten up these banks have become. Deutsche Bank’s stock is down 90% from its 2007 high, & is now at an all-time low. While […]


Post Brexit Market Update – Day 2

The global markets continued to get hit as investors struggle to grasp the potential impact of the UK leaving the European Union (EU). 1. After dropping 8.88% on Friday, the British Pound dropped another 3.37% today. That’s a drop of 12.25% in two days. 2. The Euro declined 2.87% on Friday, and lost another .70% today. […]


Brexit Wins, Cameron Resigns, Markets Panic

The U.K. voted to quit the European Union after more than four decades in a stunning rejection of the continent’s postwar political & economic order, prompting Prime Minister David Cameron to resign and sending shock waves around global markets. We have warned for over two years now that 2016 would be the start of a major […]



Brexit voters wade through torrential rain storm to cast ballots. Read story Stocks jump as havens slide after release of latest EU poll. Read story Plot to rig Brexit vote? Read story Tesla shares hit hard after offer to buy SolarCity. Read story If Briton elects Brexit, changes will come slowly. Read story  Brexit already […]

Market update

Market Update 06/14/16

We are receiving a lot of email from some very nervous investors. Many are confused with what is happening, & there is clearly fear ramping up. Below is a chart of the VIX Volatility Index. VIX values greater than 30 are generally associated with a large amount of volatility as a result of investor fear […]


Former US Attorney General says Edward Snowden did a ‘public service’

From the Independent… A former top government law official has said that NSA whistle blower Edward Snowden performed a “public service” by triggering a debate over surveillance techniques. Yet Eric Holder, a former US Attorney General said he believed Mr Snowden should still be punished for leaking classified intelligence information that he claimed threatened US […]


Brexit: The Movie

The fear-mongering and outright bs over what a UK exit from the EU would mean, has reached such a level that the pro-EU side is now claiming that if the British leave the EU, they would risk getting cancer. To counter all of the pro-EU propaganda, documentary maker Martin Durkin created Brexit: The Movie, which makes a total […]


Tide change, or a storm warning?

Investment trends are a lot like tides, generally quite predictable for those who know what to look for.  The average person may look out to the sea, and notice ripples and waves, but have no clear idea as to whether the tide is coming in or going out. Waves and tides are predictable when you […]

Negative rates

Negative rates, the dangerous experiment

For over two years now we have been warning that low interest rates were going to have a serious effect on savers. We have also highlighted many times how low interest rates would crush Pension Funds, as these funds need annual returns of 6%-8% to meet their future obligations. We recently published a blog on how […]


The $78 Trillion Problem

$78 trillion is a massive number, & according to Citigroup, that is the amount of unfunded pension liabilities incurred by the richest 20 countries of the Organization for Economic Cooperation & Development (OECD). These countries include the US, UK, Canada, Australia, France, Germany, Japan, & central Europe, among others. The report also noted that most […]


How to survive the coming crisis

We are getting many questions from readers on how do we as individuals survive this coming period of incredible change. It used to be that people would work hard, save their money, and then when they retire, they could live off their savings. Today, seniors can no longer simply live off their savings, with record […]


John Oliver explains why Apple needs to maintain its encryption—to stay “one step ahead” of hackers

As figures in technology and politics weigh in on the US Federal Bureau of Investigation’s iPhone encryption battle with Apple, the comedian John Oliver has now joined the fray. In his show on Sunday (Mar. 13), Oliver backs the tech company’s resistance to government efforts to compel it to unlock an encrypted iPhone belonging to a […]

Negative rates

What would negative rates mean for you?

It used to be that you worked hard, saved your money, and then when you retired, you lived off the interest of your savings. Today, global central bankers are changing the landscape, where already in 15 countries, the term negative interest rates is a reality. Japan is the latest country to do this, following Europe, […]


The real reason central banks want to eliminate cash

First we had ECB president Mario Draghi announce he is seriously considering eliminating the €500 note, & today we have former US treasury secretary Larry Summers lobbying to eliminate the $100. Both of them use the ‘terrorist’ angle as justification, saying that the only users of high denominated currency are terrorists, & criminals. But this move […]


A robot sinks a hole-in-one on the PGA Tour

From Quartz… About a week after beating a supposedly unbeatable board game, robots are now turning their attention to a game you’ve actually heard of: golf. LDRIC, a robot named after Tiger Woods’ birth name (“Eldrick,” phonetically), knocked in a hole-in-one on the 16th hole of the Waste Management Phoenix Open in Scottsdale, Arizona on […]


Question on Gold

Q. You have continually warned that gold will not truly move into the bull market that you have projected until we see a loss of confidence in government. Given Trump’s popularity, isn’t that an indication that we are indeed seeing that loss of confidence in government now, and that this is why gold is rising? […]



Global markets rise as weak dollar, US rate outlook keep oil strong. Read story Oil seen ‘lower for longer’ by Morgan Stanley as forecasts cut. Read story US jobs markets signals loss of momentum; productivity plunges. Read story Bank of England cuts growth estimate; call for rate hike dropped. Read story  America holds crisis meeting […]



Manufacturing in the US contracts for 4th consecutive month. Read story  Oil falls 4% on China data, fading prospect of OPEC action. Read story US consumer spending softens; savings hit three-year high. Read story Global yields hit 12-month low with Japan 2-year at minus 0.16%. Read story Euro-Area Factories Cut Prices as Deflation Risks Loom […]


The 100 largest US public sector pension plans have a $1.2 trillion funding gap

From The 100 largest public employee pension plans in the United States face an unfunded liability of more than $1 trillion. This figure, compiled by consulting firm Millman, likely under-reports the actual liability, because it is based on the plans’ own, rather rosy, assumptions of investment returns. The true gap between what politicians have promised state and […]


China spooking global markets

The Chinese government implemented a new ‘circuit-breaker’ system that was supposed to give investors a feeling of safety & security, knowing that the market couldn’t fall too much in a day. Unfortunately, it has had the opposite effect. The new ‘circuit-breaker’ system halts trading if the market declines 5%, & then halts again if it […]


Market Turmoil

Volatility has ramped up & the ‘risk-off’ sentiment has taken hold of the markets. The Nikkei market started the damage as concerns over North Korea’s claim it had successfully carried out a hydrogen bomb test frightened markets early in Asia, & lasted right through the close in North America. There were many questions as to […]


NASA: Burning fossil fuels ‘COOLS planet’

Major theories about what causes temperatures to rise have been thrown into doubt after NASA found the Earth has cooled in areas of heavy industrialization where more trees have been lost and more fossil fuel burning takes place. Environmentalists have long argued the burning of fossil fuels in power stations and for other uses is […]


A must see chart

It is said that in the markets as in life, history provides great insight for the future. If so, the following charts offer a compelling argument that the S&P 500 will have a strong run into the first quarter of 2016. We compared these charts about 6 weeks ago, showing the uncanny similarity of the […]


Fed raises rates – what it means

For the first time in more than nine years, the Federal Reserve (Fed) voted unanimously to raise its benchmark interest rates by 25 basis points to a range of 0.25% – 0.50%. “With the economy performing well and expected to continue to do so, the committee judges that a modest increase in the federal funds […]


Oil closes at $37.63, what next?

West Texas Crude Oil closed Monday at $37.63, breaking below $38.00 for the first time in six years. The price of oil has declined almost 65% from its peak in June’14. Prior to last week’s meeting of the Organization of Petroleum Exporting Countries (OPEC) oil cartel, there were strong rumors that OPEC would finally cut its […]


Feds collecting hoards of personal Internet data

From the Washington Examiner… The FBI has been collecting information about U.S. residents such as friends, political activities and online shopping for more than a decade, the former owner of an Internet company revealed. The agency has been collecting the personal Internet data through so-called “National Security Letters.” “For more than a decade, the FBI […]


Saving the Planet

Instead of sending thousands of politicians & bureaucrats to Paris in their private jets to get their picture taken with other politicians, maybe we need to step back & determine what our real role here is on this planet. This link was sent to us from a subscriber on the late George Carlin’s view on […]


It’s all connected

Everyone it appears is aware how central banks manipulate their currencies in order to try & stimulate their economies. While central banks can influence the currency markets, often more with talk than action, global currency markets are massive, & the market will always have the final say. According to the Bank for International Settlements (BIS), […]

global debt

Our final warning on Corporate debt

It used to be that businesses borrowed money to fund plant expansion, research & development, or other long-term production improvement endeavors. These debts typically were self-supportive in that the increased production would generate increase revenues, which paid for the interest on the loan. Since 2008, thanks to the central banks keeping rates at near 0%, […]

love letter

9 year old writes a love letter & is now threatened with harassment charge

Do you think that maybe, just maybe, the degree of political correctness has now reached an absurd level? In Hillsborough County, a nine year old child has been threatened with sexual harassment charges for writing a love letter to his classmate. In the letter he described how his classmate’s eyes “sparkle like diamonds.” It also notes how the boy finds […]

Jihadi John

Headlines – Nov 13/15

Wall St opens lower on weak retail data; Cisco drag. Read story European stocks hammered after commodity rout.  Read story Euro area growth misses estimates as ECB ponders more stimulus. Read story Massive 3 billion barrel glut in Oil supplies to deepen price rout. Read story VW brand sales fall 5.3% in first full month […]


Is this the bottom for Oil?

In our December 17, 2014 issue of Market Musings we stated that fundamentally, we would not see a significant rise in oil prices until we got a correction in the supply/demand ratio. The latest data from the Energy Information Administration (EIA) shows that OPEC is now winning the market share war as US production is […]


The next shoe to drop

In 2014, when we forecast that the US dollar would appreciate to levels that the masses could not fathom, many thought we were nuts.  How could we make such a prediction when at the same time, we were highlighting the massive, unsustainable US debt situation? And it wasn’t just that the US was in a […]


Headlines – Nov 11/15

Global shares shrug off mixed China data, copper teeters near 6 year low. Read story AB InBev launches SAB bid, agrees to sell MillerCooors stake. Read story  Hayes to broker: UBS management ordered staff to lowball LIBOR. Read story ECB shortens transition time for bank capital exemptions. Read story Alibaba says ‘Singles’s Day’ sales surpass […]


Headlines – Nov 5/15

Carney signals BOE rate can stay low as China drags. Read story Fed jolts market to prime them for December lift off. Read story EU set for ‘modest’ recovery. Read story US jobless claims rise; 3rd Qtr productivity posts surprise gain. Read story China’s bull market. Read story Britain says Islamic State likely brought down […]


Musings: Euro, S&P 500 & Gold

Q. You have been very negative on the future of the Euro, yet I keep reading where Merkel and company will never let the Euro collapse. What makes you so sure of the Euro’s demise? A. The Euro is doomed for a number of reasons, all of which we have chronicled many times in issues […]


Headlines – Nov 3/15

• How Chinese send billions abroad to buy real estate. Read story • Weak bank results lead Euro stocks lower. Read story • Nikkei tumbles on fresh China worries. Read story • US auto industry headed for record sales in 2015: GM. Read story • Oil climbs to 2 week high, amid signs refinery demand […]

Apple cash

Headlines – Oct 28/15

Stocks rise as Riskbank, Apple help ease Fed wait  Read story Asian stocks retreat before Fed as material shares lead losses. Read story Fed rate puzzle looms. Read story IRS using cellphone surveillance gear to listen to people’s calls. Read story China Steel head says demand slumping at unprecedented rate. Read story US 3rd Qtr […]


IRS using Stingray cellphone surveillance gear to spy on people’s phone calls

We have been warning that governments desperate for money will resort to extreme measures to track down every dime they can & that freedoms & rights will  increasingly  be sacrificed. According to the Guardian, the US Internal Revenue Service (IRS) is the latest in a growing list of US federal agencies known to have possessed the sophisticated […]

roy rogers & trigger 1940 - by roman freulich. Scanned by Frederic. Reworked by Nick & jane for Dr. Macro's High Quality Movie Scans website: Enjoy!

Dog named Trigger shoots owner in the foot

You just can’t make this stuff up. From Reuters… A dog named Trigger shot his 25-year-old owner in the foot in a bizarre accident that had Indiana officials on Monday reminding hunters to take safety lessons. Allie Carter of Avilla was wounded during a waterfowl hunt on Saturday morning at the Tri-County Fish and Wildlife […]


Headlines – Oct 27/15

·         Wall St opens lower on mixed results & weak data. Read story ·         Tentative budget deal reached. Read story ·         US plans to sell strategic oil reserves to raise cash. Read story ·         Weak business spending plans point to slower economic growth. Read story ·         UK economic growth slows to 0.5% in 3rd quarter. Read […]

epa04989908 Portuguese president Anibal Cavaco Silva addresses the nation, when he is expected to name caretaker prime minister Pedro Passos Coelho to form a new government, at Belem Palace, in Lisbon, Portugal, 22 October 2015. Passos Coelho's center-right coalition won the most votes in an Oct. 4 general election but fell short of a majority in parliament. The opposition Socialists have pushed for an alternative government together with two far left parties. But, the president is likely to follow Portuguese political tradition and name the candidate whose party won the most votes to form a government.  EPA/MANUEL DE ALMEIDA

Portugal’s President refuses to appoint elected anti – EU government

Constitutional crisis looms after anti-austerity Left is denied parliamentary prerogative to form a majority government By Ambrose Evans-Pritchard Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national […]


Follow the Global Flow of Capital

For years now, we have been telling subscribers that the key to being a successful investor in today’s global economy is to follow the global flow of capital. Our subscribers have made terrific gains over the past couple of years by simply shorting the Euro & the Yen, & going long the US Dollar. We […]


Abe reaches engineering, economic agreements with Turkmenistan

From Japan Times… ASHGABAT – Prime Minister Shinzo Abe and Turkmenistan President Gurbanguly Berdimuhamedov agreed Friday to cooperate on infrastructure development and natural gas plant projects totaling ¥2.2 trillion in the resource-rich Central Asian country. Abe and Berdimuhamedov also agreed to urge North Korea to follow United Nations Security Council resolutions banning the development of nuclear […]


The vice president of the Maldives allegedly tried to kill the president last month

From Quartz… Police in the Maldives have arrested Ahmed Adeeb, the country’s vice president, on charges of treason, alleging that he was involved in plotting an explosion that could have killed president Abdulla Yameen Abdul Gayoom in September. (The president is commonly known as “Abdulla Yameen.”) Though the president was not hurt in the blast, […]

Mexico quake

Mexico Quake Hits

From Quartz… The strongest hurricane ever seen in the western hemisphere hit Mexico last night (Oct. 23), with residents and aid groups bracing for massive destruction from high winds that are expected to cause flooding, landslides, and damage from flying debris. The eye of Hurricane Patricia made landfall 55 miles (85 kilometers) west-northwest of the […]


US oil settles down 2.4%; 3rd-straight daily loss

From Reuters… Oil prices slid for a third-straight session on Wednesday on worries over rising U.S. crude stockpiles, although a larger-than-expected drawdown in gasoline and distillates tempered the market’s bearish sentiment. U.S. crude oil inventories rose 8 million barrels last week, the government-run Energy Information Administration (EIA) reported. The build was more than double the […]

In this photo taken on Tuesday, Oct. 20, 2015, Russian President Vladimir Putin, right, shakes hand with Syrian President Bashar Assad in the Kremlin in Moscow, Russia. President Bashar Assad was in Moscow, in his first known trip abroad since the war broke out in Syria in 2011, to meet his strongest ally Russian leader Putin. The two leaders stressed that the military operations in Syria - in which Moscow is the latest and most powerful addition - must lead to a political process. (Alexei Druzhinin, RIA-Novosti, Kremlin Pool Photo via AP)


Global stocks slip as earnings, China weakness weigh. Read story Oil touches 3 week low, as over supply worries deepen. Read story China capital outflows top $500 billion. Read story US dollar gains versus emerging market currencies. Read story  US debt wrangling could cause ‘accident’: Treasury’s Lew. Read story Puerto Rico breaks off talks with […]


At least 30 involved in VW diesel cheat

According to  German news service Seigel, at least 30 managers were involved in Volkswagen’s  emissions test cheating, German magazine Spiegel reported on Wednesday, citing internal and external investigations. VW’s U.S. Chief Executive Michael Horn last week blamed “a couple of software engineers” for installing the software that defeated emissions tests and said it was not a […]


Putin says US & Allies have “oatmeal in their heads”

Some of Russia’s international partners have “oatmeal in their heads” because they don’t understand clearly that its military campaign in Syria seeks to help the fight against terrorism, President Vladimir Putin said. Russia notified the U.S. and the European Union in advance “out of respect” that it intended to begin airstrikes against Islamic State and […]

Headlines – Oct 12/15

Wall St flat as investors wait for bank earnings. Read story US dollar falls to three week low on rate-hike doubts. Read story China stocks, Yuan jump in heavy trade on stimulus hope. Read story Emerging markets urge Fed to raise rates & end uncertainty.  Read story Bond market casualties leading biggest S&P revival since […]

Trend Technical Trader Subscriber Only Blogs