ARE BEARS COMING OUT OF HIBERNATION?
DOLLAR is rallying, this is bad for commodities and stocks but, good for bonds.
EURO is falling, this is good for the dollar as, it is the most heavily weighted currency in the DXY basket.
FXI has hit an area of very high resistance. The Chinese stock market is heavily correlated with SPY.
Bears have been humiliated the last couple of months; I am excited to see the tantrum they throw as, they have not eaten all winter.
EURO is falling, this is good for the dollar as, it is the most heavily weighted currency in the DXY basket.
FXI has hit an area of very high resistance. The Chinese stock market is heavily correlated with SPY.
Bears have been humiliated the last couple of months; I am excited to see the tantrum they throw as, they have not eaten all winter.
Comment:
Go Read The Intelligent Investor.Half that book is about Bonds and the security they provide.
