Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
×

Get our best content in your email.

You are already a member! Please enter your password to sign in.

Can the market rally with a stronger U.S. Dollar?


itms
1.5 stars

428 Reads | 1 Comment | 0 People call this a favourite

The entire stock market rally has occurred on the back of the weak U.S. Dollar. Simply put, this rally was nothing more than a re-inflation rally. Everything inflationary moved higher such as gold, copper, steal, iron ore, and agriculture. Today the dollar is catching a strong bid and the stock market is higher on the back of the U.S. government job report. Is it possible that a recovery is really underway? What will happen if the dollar begins to rally? One would think that commodities would fall or decline in price. If this is the case what would move this market higher? Where is the next catalyst for another leg higher in stocks. Use caution here as everyone gets excited over a government jobs report during the holiday season. Dollar Chart Here: http://inthemoneystocks.com/userfiles/image/DXY%20M%2012_4_09.bmp


  • Coal Gets Slammed Again


    99 Reads | 0 Comments | March 19, 2013

    One of the worst performing stocks sectors in 2012 has been the coal stocks. Today, this important industry group is falling lower again. The Market Vectors Coal ETF (NYSEARCA:KOL) is trading lower by 0.38 cents to $23.22 a share. Traders should note that the KOL traded as high as $26.39 a share on January 7, 2013 so traders can easily see this gradual decline that has taken place over the...


  • China Weighs On The Base Metals


    66 Reads | 0 Comments | March 4, 2013

    This morning, many of the leading base and industrial metal stocks are declining lower at the start of the trading session. This important sector is highly affected by the Chinese economy and stock market. Last night, the important Shanghai Index finished lower by 3.67 percent. The decline occurred after the Chinese government announced a new 20 percent tax on any home that is sold. Remember...


  • Research In Motion Heads Towards Target


    66 Reads | 1 Comment | February 26, 2013

    Research In Motion Ltd (NASDAQ:BBRY) continues to head towards the key $10.25 level, given out weeks ago. When this stock was trading near the 52 week highs of $18.00, I said it would pull back to $10.25. The current price is $12.64, -0.61 (-4.64%). It is almost there. At that level, technically it will become a long again for a good, strong bounce.This stock is a great swing trading...


  • Alternate Energy Red Hot Into Presidents Speech


    62 Reads | 0 Comments | February 12, 2013

    The State of the Union address will commence at 9PM ET tonight. This speech by President Obama is said to focus on alternate energy (just like past speeches). Every time the president has made a major speech, solar, wind, battery, fuel cell stocks and even natural gas plays have run sharply higher. Most retail investors and traders try and jump on board the day before or the day after. However...


  • What The Weak Leaders May Tell Us: IBM And Apple Struggle


    50 Reads | 0 Comments | February 12, 2013

    International Business Machines Corp. (NYSE:IBM) reported earnings on January 22nd, 2013. The stock shot higher, Wall Street cheered. However, the cheering was short lived. The move up on earnings was the high point on the chart in 2013. Since that jump higher, the stock has consistently fallen lower. When the largest Dow Jones Industrial component cannot catch a bid, could it be a warning...


  • Commodity Stocks Carry The Load


    85 Reads | 0 Comments | August 26, 2010

    Commodity stocks are lifting the stock indexes higher today. Leadingcommodity names such as Freeport McMoRan Copper & Gold Inc(NYSE:FCX), Southern Copper Corp. (NYSE:SCCO), and AK Steel HoldingsCorp. (NYSE:AKS), are all trading higher on the trading session. Thismove in commodity stocks comes as the U.S. Dollar Index trades sharplylower. As many of our readers know when the dollar declines...