Michael J. Clark was born and raised in Sinclair, Wyoming. He is a poet, novelist, artist, historian, and market analyst. His fine arts portfolio can be found at the following address: http://www.hoalantrangallery.com/MJC2.htm His writing portfolio can be found at:... More
CGTS: VIX, UUP Charts Suggest More Near-Term Losses For Stocks 0 comments
Jun 13, 2012 5:00 AM
CGTS: VIX, UUP Charts Suggest More Near-Term Losses for Stocks
There is bad news for stocks if we trust two traditional anti-stock indicators. The VIX (put option-buying volatility index) and the UUP, Bullish US Dollar ETF, both have put in successful bottoms -- and both have established bullish higher lows and higher highs -- and seem to be heading higher.
THE VIX is widely recognized as being anti-stock indicator. The US Dollar is not perpetually anti-stock in its behavior -- but it has been recently, in fact since 2001. There was a period in 1990-2001 when stocks and the US Dollar both rose together. Historically, the Dollar has been a safe place to put asset when riskier assets were not sufficiently seductive to investors.
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CGTS: VIX, UUP Charts Suggest More Near-Term Losses For Stocks 0 comments
CGTS: VIX, UUP Charts Suggest More Near-Term Losses for Stocks
There is bad news for stocks if we trust two traditional anti-stock indicators. The VIX (put option-buying volatility index) and the UUP, Bullish US Dollar ETF, both have put in successful bottoms -- and both have established bullish higher lows and higher highs -- and seem to be heading higher.
THE VIX is widely recognized as being anti-stock indicator. The US Dollar is not perpetually anti-stock in its behavior -- but it has been recently, in fact since 2001. There was a period in 1990-2001 when stocks and the US Dollar both rose together. Historically, the Dollar has been a safe place to put asset when riskier assets were not sufficiently seductive to investors.
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MICHAEL J CLARK
CGTS - Hanoi, Vietnam
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StockTalks
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Apple wants to bottom; but IS Apple bottoming? Not so far. http://seekingalpha.com/p/zmvd
Mar 18, 2013
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Are global stocks topping? Probably not. All depends on what the US Dollar does. http://bit.ly/LfW9VY
Mar 15, 2013
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Words matter. Let's first agree to start calling INFLATION and ECONOMIC GROWTH the same thing. http://seekingalpha.com/p/zcd1
Mar 14, 2013
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