t does not take much to get the major stock market indexes trading higher. It simply takes the U.S. Dollar Index to decline and the stock market goes wild to the upside. This inverse dollar/stock phenomenon has been going on since March 2009 when the Federal Reserve Bank announced it’s quantitative easing part one or the global stimulus plan as it was previously called. Today the SPDR S&P 500 ETF(NYSE:SPY) was trading as low as $118.77 at 12:50 pm EST. However, once the U.S. Dollar Index began to decline the SPY has rallied back up and is now trading around $119.90. That move higher is over a 10.0 point bounce in the S&P 500 cash index. The U.S. Dollar Index chart is the driving force behind every major and minor move in the stock markets around the world.
