6 thoughts on “CHART OF THE DAY – US Dollar

  1. chrisG

    Yes Gary. After such monster run in miners, after that baby bull, need to churn sideways for a while before the next big run. Either churn, or a sudden quick brief drop. Either way, we got to buy this sucker somehow.

  2. Alexandru Popovici

    – the “crap-company” YELP tested its 10dma and resumed its growth disregarding broad indexes reaching to attain a new 52w high,
    – BCOV is holding extremely well.
    – SPAR shook out its 10dma and found support there
    – OKS held strongly by its 20dma

    Broad indexes to have one more leg down in the next 15 minutes and then they will spring higher –> mean-reversal to their 10dma is to end in few minutes!

    1. Alexandru Popovici

      bought my WB shares @ average 48.89.

      SPX refused to leg-down below 2149.8 and subsequently sprung decisively over 2155 –> one of signals I awaited to go full-monty into stocks.

      Treasuries are moving North, as expected and warned bears too last week.

  3. AmantedeTeclas

    Thanks for the update, Gary.

    Don’t know if it means anything to You. Well, I guess yes.

    Thanks to You I was able to make some peanuts on oil. I appreciate it. Also I was lucky and bought on the low of the Nasdaq 2 weeks ago. And guess what I bought. Yes: TWITTER. 🙂 🙂 Thanks, man.
    I made only peanuts again, but I am happy anyways.

    I hope the dollar will break 1 or 2 percent lower, cause I am short, and also am holding a small position long in OIL and Cognizant Tech. It touched oversold on the RSI last week. From there it has always gotten up.

    Well, PMs…I am just still too scared. 🙂

    Have a good one.

  4. Alexandru Popovici

    wow! nice shake-out by big boys in Deutsche Bank’s shares!!!
    DB has been the culprit for today’s fall and with this shake it is most likely that it is also the low of DB at $11.23

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