We have all seen this act before, the U.S. Dollar Index makes an early move higher and then declines sharply from its intra-day high. Well, this is exactly what occurred today around 10:30 am EST as the U.S. Dollar Index pulled...
Read MoreThe Dollar spiked higher for the third straight day with one small difference. Today, the Dollar pulled back into lunch, giving the markets a solid pop. The Dollar trades inversely to the markets and anytime the Dollar falls,...
Read MoreThe market is just slightly off of a mega top. Recently, the SPDR S&P 500 ETF (NYSE:SPY) hit $137.18 before reversing last week. The markets reversed primarily because the Dollar made a bottom and began to spike higher....
Read MoreThe Dollar has ripped higher over the last three trading sessions. This dramatic move has signaled a bottom in the near term. This now means pull backs in the Dollar can be bought and bounces on the Euro can be shorted. The...
Read MoreMonday’s are notoriously a light volume trading session which usually favors the upside action in the major stock indexes. This morning the trading volume is extremely light as the SPDR S&P 500 Trust(NYSE:SPY) is...
Read MoreLast week, the iShares Dow Jones Transport Index(NYSE:IYT) rallied higher despite the major stock and commodity sell off. The move higher for the transport indexes was obviously caused by the decline in oil prices. This morning...
Read MoreThe rumors are spreading like a wildfire that Greece will be leaving the Euro-zone. The Greek government has denied these reports. In any case, the Currencyshares Euro Trust(NYSE:FXE) has plunged on the news. The FXE is trading...
Read MoreAh, the markets are surging higher today after yesterday’s bloodbath decline. Well, this should not be a real surprise to traders. By now, we should all know that the stock market rarely declines on a Friday. You see,...
Read MoreAs long as the U.S. Dollar Index is declining lower this morning the major stock market indexes should remain strong. The leading commodities that were all crushed lower yesterday could all bounce up a bit on the back of a U.S....
Read MoreToday, the U.S. Dollar Index is surging higher by $1.09 to $74.12 per contract. This is the largest one day gain for the U.S. Dollar Index since January 5, 2011. As we have all learned by now when the U.S. Dollar Index declines...
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