Sunday, April 23, 2017

Archive for the Category ‘Currencies’

The S&P 500 Struggling To Maintain Gains As Financials Dip Below Key Support (FAZ, FAS, SPY, XLF, UUP, UDN)

The S&P 500 Struggling To Maintain Gains As Financials Dip Below Key Support (FAZ, FAS, SPY, XLF, UUP, UDN)

The S&P 500, SPDR (NYSE:SPY) has had an incredible run after gaining 3% in the past two days, especially given that is has been able to completely shrug off the negative fundamental data that has been pouring into the US markets. Expect the Financials Sector (NYSE:XLF) to take a haircut from recent gains, with Financials […]

US Dollar Surging as Mainstream Media Claims the Opposite (UUP, UDN)

US Dollar Surging as Mainstream Media Claims the Opposite (UUP, UDN)

Getinbank Viagra The US Dollar (NYSE:UUP) and (NYSE:UDN) has received nothing short of negative press since the introduction of Quantitative Easing part deux, amassing a total of $600 billion in printed paper (none of which is backed by gold bouillon). In theory, all exogenous variables equal, this event should depreciate the currency, however, it has done the […]

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