Update On Bonds, Dollar, & Euro - Jeff Pierce

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I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More

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Update On Bonds, Dollar, & Euro 0 comments

May 15, 2012 12:14 PM | about stocks: FXE, TLT, UUP

Dollar looks ready to break out above significant resistance which would be very bad for the general markets. Euro is confirming strength in Dollar by the weakness in it's own chart. Bond strength is confirming weakness in general markets. I've been bullish long term on Bonds for quite some time and while there may be a bubble in bonds the weekly chart doesn't show an overbought state so this could persist for some time.
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Stocks: FXE, TLT, UUP

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