‘Dollar Update’ Archive

King Dollar & Crude Oil reversing ST trends, says Joe Friday

joefridaycrudeusdollarbreakinglinesmay22CLICK ON CHART TO ENLARGE

King Dollar and Crude Oil have been have had little correlation over the past year, as each has traded in pretty much opposite directions.

Over the past 9 months King Dollar has had a historical rally and the opposite is true for Crude Oil.

Of late Crude hit its 23% …

Bonds breaking support, is it due to King Dollar weakness?

bonds3packbreaksupportmay14CLICK ON CHART TO ENLARGE

Did key bond ETF’s create long-term double tops over the past couple of years? The above 3-pack takes a look at three different bond ETF’s. AGG and LQD earlier this year attempted to break above 2012 highs. At this time it looks like they failed and may have created double …

Whack a mole time for key assets of late! Now what???


Portfolio construction and the game whack a mole seem to have some in common of late….Key assets have been looking for a place to hide!

The 3-pack below reflects that the US Dollar and Government Bond ETF TLT have broken below steep rising channels. At the same time the S&P 500 is could be slipping …