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

1.5 stars

450 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:

  • Coal Gets Slammed Again

    102 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

    74 Reads | 0 Comments | March 4, 2013

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  • Research In Motion Heads Towards Target

    67 Reads | 1 Comment | February 26, 2013

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  • Alternate Energy Red Hot Into Presidents Speech

    67 Reads | 0 Comments | February 12, 2013

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

    52 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

    88 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...