“Possibility of a severe fall in the stock market is now very high,” Murray Gunn, HSBC
10/13/16 – (RT) In a note to clients released Wednesday, Murray Gunn, the head of technical analysis for HSBC, said he was on red alert for an imminent sell-off in stocks in the light of the price action over the past few weeks. Continue reading “Red Alert: Prepare for severe stock market crash, warns HSBC”
RBS was right. Most of the hit will be during the next year
Continue reading “Harry Dent: 2016 will be the worst year for stocks since the ’30s”
Oil keeps diving and its taking Wall Street with it
1/20/16 – “Crude crumbles below $27…freaking Wall Street out.” “World markets plunge as oil drops below $28 a barrel.” Continue reading “CNN: “Oil crash sends DOW diving 400 points””
Mr. Obama, the economy is NOT doing well…anywhere!
1/15/16 – The news is not getting any better for the economy. Today the DOW plunged another 391 points wracking up a 1,437 point drop just in the first two weeks of the year. The S&P lost 2.3%, and NASDAQ lost 2.7% to the lowest level since October 2014.
RBS just announced emergency advice Continue reading “Economic crisis is global; reaching critical mass”
“Sell everything…except high quality bonds,” warned Andrew Roberts in a note this week.
1/12/16 – That harrowing advice is from The Royal Bank of Scotland, which has warned of a “cataclysmic year” ahead for markets and advised clients to head for the exit. Do not wait. Do not pass go. Continue reading “Sell everything! 2016 will be a ‘cataclysmic year,’ warns RBS”
“Japan’s stock market plunging nearly 4 percent as fear spreads across the globe.”
Jason Goepfert at SentimenTrader: “The Market CDX North America High-Yield Index (CDX) jumped 20% on Monday. That’s the largest jump in at least a decade, as traders scramble to buy protection against widespread defaults in high-yield bonds (see chart below).” Continue reading “KWN Report: Panic is beginning to engulf the world.”
ShofarBlast.org 