The USD is up more than 8 % this quarter. We saw a price correction after the FEDS announcement earlier this month . Will investors continue to buy the USD in the next quarter ? why ? what does it mean ?
It seems the Saudis are winning the battle with falling oil prices . The Kingdom hasn't budge and has no intention to cut oil production anytime soon. in the U.S however, more than 53,000 jobs are expected to be cut because of falling oil
the FED made it very clear , that unless we reach maximum employment ( about 2 %) , rates will not change . In my opinion, investors shouldn't worry about rate this year.
The SPY remains above it's 200 MA , and the AK Trend ID shows no sign of correction, so this trade remains open.
I've been trend trading since 2006 , but started using this indicator since 2009. You can use this indicator to help you identify " bulls/Bear" market. The mistake that I've seen often, is people trying to call the top or selling their investment too early. This indicator does a pretty good job on when to buy and when to sell .
If you used it as a signal for SPY ( which I'm doing) you would of been up 77 % since Jan 1 2012, which is not bad at all .