In today’s FX Hour, we discussed cross pairs and comparing currency strength We discussed how the U.S. dollar can be strong against other currencies while showing weakness against commodities. We showed how to compare different currency pairs and combinations of crosses to determine which currency is the strongest and weakest. We reviewed the major indexes, […]
In today’s FX Hour, we discussed the economic and technical pressure on the economy and equity markets We discussed inflation risk and economic slowdown. We look at our “canary in the coal mine” indicators of Visa, MasterCard, and home builders but we also discussed energy pricing and the declining discretionary income. We looked at the […]
In today’s FX Hour we discussed ways to read inflation. We discussed CPI reaching a 13 year high growth rate and how inflation can be measure by comparing different commodity prices against bond prices. We discussed the misleading skew from the Federal Reserve’s bond purchase program and ways to play the inflation management that is […]
In today’s FX Hour we discussed the mixed markets pointing to more strength for the U.S. dollar. We discussed the U.S. dollar strength, gold up slightly, silver weakness and commodity indices being mixed. We discussed the flight to safety pushing the U.S. dollar in wider ranges. We have identified key targets and expectations in the […]
In today’s FX Hour we discussed the markets running out of steam. We discussed equities reaching new record highs on lighter and lighter volume while also entering Overbought areas on our chart. We discussed the strengthening dollar and the decline in inflation expectations. We looked at the major currency pairs, equity indexes, and commodity prices.
In today’s FX Hour we discussed Jerome Powell indicating the FOMC will be controlling inflation. We discussed the comment that they will use “all the tools” at their disposal to control inflation and keep it to the 2% annual target. We discussed confirmation and signals that should be visible in the U.S. dollar, bonds, equities […]
In today’s FX Hour we discussed Wednesday’s FOMC meeting and hints as to what direction policy may go. We discussed inflation and the early rollover of most commodities including gold prices showing less fear of inflation. We also discussed bond prices falling and the U.S. dollar gaining which may be a sign of investors betting […]
In today’s FX Hour we discussed the implication of the Global Minimum Tax We discussed the GMT and how all taxes are a burden on consumers. We discussed how a new tax on corporations will be passed down to the consumer which will drive prices higher without inflation or growth. We looked at the major […]
In today’s FX Hour we discussed how “transitory” can be indicative of transitional. We looked at the key levels of support and resistance. We discussed how inflation can be seen globally while the U.S. dollar can be strong relative to other currencies. We looked at the major indexes, gold, copper and other commodities.
In today’s FX Hour we discussed our Canaries in the Coal Mine We looked at home builders and Visa as signs that the weakness in the markets is setting in. We discussed confirmation levels in the charts as well as the major currencies, the U.S. dollar and commodity hedges.
In today’s FX Hour we discussed the signs of correction We looked at the major indexes and currencies. We discussed the U.S. dollar and inflation as well as cryptocurrencies and the potential of stagflation similar to the late 1970s. We looked at confirmation and targets for the currency pairs and major indexes.
In today’s FX Hour we discussed the Hindenburg Omen. We looked at the key criteria to identify the Hindenburg Omen and the expectations of a market correction in the next 30 days. We discussed watching for the movement of money from equities into safety. We discussed the possibility of the U.S. dollar, gold and commodities […]
In today’s FX Hour we discussed the confirmed divergence in equities and hidden inflation. We looked at the targets associated with the divergences and what would be necessary to confirm a bearish trend and not just a temporary pullback. We looked at the U.S. dollar and commodity prices and discussed the double and triple digit […]
In today’s FX Hour, we discussed earnings and equities struggle to move higher We discussed how earnings reports have beaten expectations approximately 4 out of 5 reports for the past 2 weeks and yet equity indexes have only gained approximately 1% during those 2 weeks. We discussed the earnings from the biggest stocks this week […]