Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

So You Think The U.S. Dollar Index Does Not Matter? Think Again.

The financial media has been talking about the higher U.S. Dollar Index and the higher stock market today. While this is true today when looking at a daily chart it is important to note that the S&P 500 Index and most of the other major stock market indexes will decline or deflate whenever the U.S. Dollar Index bounces higher intra-day. The opposite is true when the U.S. Dollar Index declines the major stock indexes will inflate higher. Please remember that the U.S. Dollar Index trades around the clock and the U.S. markets are only open from 9:30 am EST - 4:00 pm EST. Just look at the chart below and see how this inflation rally is negatively effected when the U.S. Dollar Index ticks higher. This inverse dollar/stock relationship is as strong as it has ever been.