The U.S. Dollar has opened lower on the day. This has given the major stocks indexes a slightly higher gap up this morning. While many believe the dollar trade has decoupled from the market we do not. Remember a lower dollar gives commodities and inflationary stocks a lift. This entire rally from the March lows has been on a weaker dollar with the exception of the past three weeks. Please realize that the last three weeks have seen some of the lightest trading volumes in the month of December.
