Weak Dollar Bodes Well for U.S. Economy [View article]
Joe, in case you haven't noticed the dollar has been depreciating severely as the economy has weakened and the stock markets tanked. A weak dollar is not good for the economy-it's a symptom that something is very wrong with the economy.
I understand that a weaker dollar is good for exports and that it's good for foreigners who wish to buy U.S. assets, but Americans absolutely hate to see U.S. assets sold to foreigners.
U.S. Session Wrap: Meredith Whitney Does It Again [View article]
I think you are missing the point here--the LFB seems to be supplying a lot of economic info and they also made an important point.
Everyone is consumed with the dollar's connection to oil, but they;ve pointed out that the dollar was able to decline even after oil fell because the financial sector weighed on the overall indexes.
Much of there info seems to be taken right from the source, and they break it down in a way that paints a total picture of the market. I think it's a very handy resource.
I'll give you another one to look at. Use a slow stochastic set at 5,3 and use a line chart to show closing prices.
Price closed at stoch oversold on March 31 and it closed stoch oversold on April 15. Price on April 15 was a higher price then on March 31. That means even though price has gone up at teh second point relative to the first the market still considers the price to be cheap, which is a bullish sign.
Another way of saying this is that the stochastic has made a double bottom.
Why the Fed's Interventions Aren't Working [View article]
The limited success of the TAF to this point may have something to do with the Fed offsetting whatever funds are auctioned with open market operations-therefore no additional supply of money is being created.
Start Planning for a Hard Economic Landing [View article]
Weak Dollar Bodes Well for U.S. Economy [View article]
I understand that a weaker dollar is good for exports and that it's good for foreigners who wish to buy U.S. assets, but Americans absolutely hate to see U.S. assets sold to foreigners.
The Euro's Long Run Is Finally Over [View article]
The Euro's Long Run Is Finally Over [View article]
The Euro's Long Run Is Finally Over [View article]
U.S. Session Wrap: Meredith Whitney Does It Again [View article]
Everyone is consumed with the dollar's connection to oil, but they;ve pointed out that the dollar was able to decline even after oil fell because the financial sector weighed on the overall indexes.
Much of there info seems to be taken right from the source, and they break it down in a way that paints a total picture of the market. I think it's a very handy resource.
S&P Poised to the Upside; Dollar Should Maintain Strengthening Trend [View article]
A new Bullish Divergence [View article]
Price closed at stoch oversold on March 31 and it closed stoch oversold on April 15. Price on April 15 was a higher price then on March 31. That means even though price has gone up at teh second point relative to the first the market still considers the price to be cheap, which is a bullish sign.
Another way of saying this is that the stochastic has made a double bottom.
S&P 500 A/D Line in Neutral Territory [View article]
Why the Fed's Interventions Aren't Working [View article]