Before the Open (May 7)

Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. China, New Zealand, Taiwan, Indonesia, Singapore and the Philippines did well while Japan, South Korea, India and Thailand were weak. Europe, Africa and the Middle East are currently mostly down. Denmark and Israel are up, but the UK, France, Germany, Poland, Turkey, South Africa, Hungary, Belgium, […]

Before the Open (May 6)

Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed with big losses. China, Hong Kong and Singapore suffered the most; South Korea, India, New Zealand, Taiwan, Australia, Indonesia and the Philippines were also weak. Europe, Africa and the Middle East are currently posting solid, across-the-board losses. There’s no sense listing […]

Before the Open (May 2)

Good morning. Happy Thursday. The Asian/Pacific markets leaned to the upside. China, Hong Kong, South Korea, New Zealand and the Philippines posted gains while Australia, Malaysia and Indonesia posted losses. Europe, Africa and the Middle East are currently mostly down. The Czech Republic is up, but Denmark, Poland, France, Turkey, Finland, Norway, Spain, the Netherlands, […]

Before the Open (May 1)

Good morning. Happy Wednesday. Happy Fed Day. The Asian/Pacific markets leaned to the upside. China, Australia, Indonesia, Thailand and the Philippines did well; Hong Kong, South Korea and New Zealand were weak. Europe, Africa and the Middle East are currently mixed. Turkey, Spain, Italy and Saudi Arabia are up; Poland, Finland, Russia, Austria and Sweden […]

Q2 2019 – This is Not What Tops Look Like

There’s an on-going debate about the current market – is a top forming, or has what’s taken place the last 18 months (give or take) just a big consolidation period within an uptrend? Entering such a debate is silly at best and dangerous at worst. Silly, because it doesn’t matter unless you’re managing billions of […]