On the heels of continued volatility in key global markets, the Godfather of newsletter writers, Richard Russell, covered everything from stocks and bonds, to the gold market. Russell also included 7 fantastic charts — one of those was a key 14-year chart that showed a major breakdown in one of the most important markets in the world.
Richard Russell: My key indicator is seen below. Here we see the Dow holding persistently and bullishly above its 200-day moving average. How long will this constructive situation last? Ah, if we only knew (I think it will be quite a while).
According to this week’s Barron’s, the majority of leading advisors are bullish on the stock market. But I don’t operate on the basis of what the majority of analysts believe. I always put the price action in the market first on my list of what to believe.
And below, we have an interesting situation.
…..read more HERE
Much attention has been paid to 3D Printing lately, with new companies developing cheaper and more efficient consumer models that have wowed the tech community. They herald 3D Printing as a revolutionary and disruptive technology, but how will these printers truly affect our society? Beyond an initial novelty, 3D Printing could have a game-changing impact on consumer culture, copyright and patent law, and even the very concept of scarcity on which our economy is based. From at-home repairs to new businesses, from medical to ecological developments, 3D Printing has an undeniably wide range of possibilities which could profoundly change our world.
