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  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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January 30, 2018

Sectors Turning Down, Is a Top Forming

Tuesday January  30, 2018

The DJIA is down  191 in pre market this Tuesday morning. Couple with Monday's fall that wipes out Friday's gain and then some.

REITS, Utilities, and now  Energy are all falling. I am wondering if we are seeing a top being formed. If so one sector after another will begin falling.

I reported the reliable Merrill Lynch indicator had flashed a sell sign.

The WSJ has yet another op ed this from the Dean of the Dartmouth School of Business about the danger of losing NAFTA. I continue to fear Trump will do something foolish in that regard. All we need is some out of the ball park event to conclude the rally.

Posted at 08:03 AM in Stock Market |

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