Since the August low, the RASI Index showed good momentum, but it has now stalled, “rolled over”, and is heading lower. The DJIA shows the same trend. A new market catalyst is required to get both Indexes moving higher again. [more]

The summer doldrums are coming to an end and the market is looking forward to its annual period of positivity that runs from October through to May-June. However, October is traditionally a volatile month for stocks. So, resolving several geopolitical tensions would do wonders for getting the market “back on wheels”. [more]

Last week, NASA posted then quickly retracted a paper written by Google’s researchers outlining a claim that the tech company built the first quantum computer while citing the term “quantum supremacy”, which means the computing power has reached a point capable of carrying out calculations previously impossible or more specifically, too time exhaustive, to carry out. [more]

After a break-out move that started in late-May/early-June, the price of gold has declined 4.2% since its early-September high. Now gold and its proxy ETFs are trading at critical technical levels. [more]

The Portfolio struggled in concert with the general market this past week. Still, it rose 1.1% in the month of September and it is up18.0% since inception. [more]

Factors impacting the economy, such as the U.S.-China trade spat, GDP growth, job numbers, wage increases, and the GM strike etc., are likely to have a more direct bearing on the future direction of the stock market than the Trump impeachment enquiry. [more]

Acclaimed American economist lays out four scenarios that could lead to a global economic recession and/or a severe financial crisis: (i) U.S.-China trade dispute; (ii) U.S. confrontation with Iran; (iii) A no-deal Brexit; and (iv) Next month’s Argentinian presidential election. [more]

The U.S. House of Representatives passed the Safe Banking Act. The legislation now moves to the Republican-controlled Senate for a vote. The legislation would protect federally-regulated banks from prosecution for doing business with cannabis companies in states where cannabis is legal. [more]