InTheMoneyStock...'s  Instablog
Send Message
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
My company:
My blog:
Pro Traders Rant and Rave Blog
  • If You Control The Dollar You Control The World 0 comments
    Mar 26, 2012 10:55 AM | about stocks: JPM, BLK, GS, UUP

    This morning, the U.S. Dollar Index topped out around 4:30 am EST. This was the same exact time that the S&P 500 Index e-mini futures (ES-M2) bottomed out. Traders can easily see how these two indexes continue to trade inverse to each other. When the U.S. Dollar is devalued it will inflate asset prices around the world. Traders can see how the large bank stocks are surging higher today. As long as this sector remains strong the major stock market indexes can trade higher. Leading financial stocks such as J.P. Morgan Chase & Co (NYSE:JPM), Goldman Sachs Corp (NYSE:GS), and BlackRock Inc (NYSE:BLK) are all climbing higher on the session. Should these leading financial stocks reverse or turn lower then there could be problems in the market. Until that time, the markets remain in rally mode.

    Traders should keep a close eye on the U.S. Dollar Index. The PowerShares DB US Dollar Index Bullish (NYSEARCA:UUP) is another way that traders can follow the U.S. Dollar intra-day. Remember, if you control the dollar you can control the world.

    Nicholas Santiago

    Stocks: JPM, BLK, GS, UUP
Back To's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Utility #stocks leading markets higher despite slightly higher yields in the 10-year U.S. #Treasury. $SO, $ED, $XLU all higher today.
    Apr 20, 2015
  • $YELP Forming Bearish Chart....
    Apr 13, 2015
  • $WMT bearish base, daily 200-day ma. Should drop to the $78.00 level & present a good entry level to buy the stock.
    Apr 10, 2015
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.