Dave's Geopolitical Market Update

Long War : The Obama Administration is alarmed that the forces winning the war in Syria are linked to Al-Qaeda. Gasp! In response it wants t...

Long War : Throughout the Mideast and North Africa the shape of the Long War is being molded by the tiny Gulf kingdom of Qatar. A few exampl...

Charts : In the last blog I said that if the S&P 500 dropped to 1500, found support, and bounced up, then the technical damage done by t...

Charts : Today saw a sharp downturn. The broad index was down over 1%. Small caps were down 2%. Materials and industrials were down 3%. We...

Charts : The S&P 500 is throwing up a series of Doji Candlestick formations. Doji Candlesticks can best be viewed in a day to day chart ...

Cold War II : North Korea has successfully tested a miniaturized nuclear warhead. This took analysts by surprise. Previously North Korea has...

Long War : All of a sudden its gotten real hairy in the LW. In Thailand and Malaysia we have seen low level Islamic insurgencies blaze up to...

Long War : There are three major wars or campaigns raging within the Long War at present: 1) Afghanistan. 2) Syria. 3) Mali. The CIA attack ...

Long War : The nominee for CIA Director, John Brennan, was in on the begining of George Bush's CIA drone program. As a Nartional Securit...

Charts: First support for the S&P 500 is a band between 1498-1502, the band centers on the round number 1500. Next support is 1474, the...

Long War : After David Petraeus was eliminated last year as CIA Director the agency went through a long walk through the wilderness, not sur...

Charts : The market is in a rally attempt. It is not in a rally. It needs to consolidate its gains for about 4 days and then have a follow t...

Charts : The market has been in a correction since late Sept. It is now in a rally attempt. The correction reached about a 10% loss on most ...

Long War : There was a lot of media hand wringing when AQIM (Al-Qaeda North Africa) attacked the US Consulate in Libya and killed what we th...

Long War : The anti-Islamic U-tube video, Innocence of The Muslims , has ignited massive violence and unrest across the Muslim world. It see...

Long War : In Syria, several days ago the FSA planted a bomb somewhere in or around Assad's military headquarters. The bomb went off but...

Long War : In Syria, the Battle for Aleppo rages on. Assad's Army must take the gateway district of Salaheddine to win this battle. At o...

Long War : There are only two countries that have genuine overseas military empires: America and Iran. America has about 10,000 overseas mil...

Long War : Several weeks ago CIA Director Petraeus held a meeting in Langley with the heads of ISI (Pak Intelligence). Shortly after that me...

Charts : Round number support is key right now for the major indexes. The S&P 500 is finding significant support at 1400. The Nasdaq is ...

Syrian Civil War : The FSA rebels (good guys) have downed a Syrian fighter jet with a manpad missile. So the CIA is almost certainly giving ...

Charts : The broad index has broken out of its 1 1/2 year consolidation channel by trading convincingly above 1370. By that I mean technical...

The Battle of Aleppo : Assad's army has almost secured the staging grounds for the infantry assault on the rebel held Salaheddine distri...

Long War : In Syria, Assad's army has been trying to capture the Salaheddine district in the Battle for Aleppo by standing back and redu...

The Battle for Aleppo : Assad's Syrian Army is in its third day of attacking the Salaheddine district, the key to the battle. The bad gu...

Syrian Civil War : Moral superiority is an actual military concept. It means one side in a war is willing to take much higher casualties tha...

Charts : The S&P 500 has been in a consolidation channel for 1 1/2 years. Today it moved up to the top of that channel (1370) right afte...

Charts : The broad index has repeatedly tested battleground support at 1333. Today we have a monster rally. This means that the key support ...

Charts : Yesterday the broad index hit the 50-day moving average, found support and so far today that support is holding. We are balanced on...

Charts : At midday on July 24 the S&P 500 is trading just under 1333 which is both the 50-day moving average and the final Fibonacci ret...

Fundamentals : Spain is going to need a bail out from the EU and ECB or it is likely to default. Greece has exhausted its bail out funding a...

Syria : The FSA offensive into Damascus saw several thousand rebel fighters infiltrate key sections of the city before the battle had begun....

Long War : The CIA has just assassinated the head of Assad's Syrian Intelligence. But wait a minute, the media is saying the rebel FSA i...

Charts : Over the past year and a half the broad index has been in a long term consolidation channel of 1320-1370. It is now at the upper en...

Fundamentals : It is possible that the only realistic engine for global economic growth is China. Therefore we have to dig deeper into the r...

Charts : The upward sloping wedge pattern for the broad index has widened and is now an upward sloping trading channel. This is a big improv...

Charts : I am writing this within a few minutes of the opening bell July 12, so we'll see how the market finishes. At the open key techn...