Comments on: US Dollar & Euro Breakouts Remain Intact

By: Robert_Matthews

Robert_Matthews — Thu, 11 Feb 2021 17:14:24 +0000

doom on everything! Dollar is holding trendline

By: dbaldor

dbaldor — Wed, 03 Feb 2021 17:51:29 +0000

In reply to mSquare.

Apparently OPEC is trying to reduce stockpiles of oil: https://finance.yahoo.com/news/oil-buoyant-near-55-falling-034438405.html

By: mSquare

mSquare — Wed, 03 Feb 2021 17:45:31 +0000

XOP over $69.50. I recall many of videos past week or two saying XOP has been going up but with divergences and is likely to reverse from $69s. So, @rsotc, an updated chart of XOP with updated commentary would help.

By: dbaldor

dbaldor — Wed, 03 Feb 2021 17:39:42 +0000

Hi Randy, It does not look like USD is having much of any impact on the market. I know this relationship makes sense and has been holding for a long time but at this time it seems to be broken. Are there any long trades that you would consider that are independent of the the USD movement?

By: LanLord

LanLord — Wed, 03 Feb 2021 17:35:13 +0000

So what does that mean in commodities like NIB, JO, IPI? Take profits now?

By: tennisball

tennisball — Wed, 03 Feb 2021 17:25:42 +0000

Hi Randy

Would you consider the prick that bursts this bubble could be the Bond Market? Yields are rising and something will create a lose of confidence.