Saturday, October 24, 2015

SATURDAY 10/24/15

SPX 2075. INDU 17647. COMPQ 5032. RUT 1166. DAX 10795. CAC 4924. FTSE 6444. MIB 22737. IBEX 10476. PSI 5423. NIKK 18825. SPASX200 3413. KOSPI 2040. SSEC 3413. HSI 23152. BSE 27471.

Euro 1.1017. Dollar/yen 121.45. In one day’s time the dollar/yen pair ran from under 120.40 to 121.45 over one full point. The USD catapulted from under 95 late last week to above 97 after the ECB’s dovishness sent the 



















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 only 100 days until the first primary votes are cast in Iowa when the race becomes very serious. The countdown begins.

On the Fox business block of television shows, the bullish recommendations continue. Gary B Smith says AMZN will be up over +50% within two years. John Layfield says oil giant CVX will be up +20% within the next year. Jonas Max Ferris says LULU will rise +25% over the next year. Charles Payne suggests buying WHR. Adam Lashinsky suggests buying VO. Ben Stein and Elizabeth McDonald continue to suggest buying dividend ETF’s and funds proclaiming SDY and LCEIX, respectively, as winners going forward. SDY is back to flat on the year after losing -10% during the August selloff. MSGN is another recommendation. The future is so bright that you have to wear shades.

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