DB US Dollar Index Bullish Powershares (UUP) 26.29 $UUP
USD, Economy And Policy
Gary Tanashian - Seeking Alpha - 2 hrs 24 mins ago
As the title suggests I want to talk more and chart a little less this week. We do so much charting and parameter management that I think we are in no danger of falling behind the curve in those areas. The same goes for the indicators and sentiment...
SPY: 208.03 (+2.20), QQQ: 106.40 (+1.06), DIA: 179.36 (+1.80), IWM: 123.50 (+0.89), UDN: 21.25 (+0.15), UUP: 26.29 (-0.20)
U.S. Dollar Still Has Upside Ahead, Australian Dollar Is Vulnerable
Philip Baker - Seeking Alpha - Mon Mar 16, 9:52AM CDT
The US dollar continues to power ahead with a 2.6% rise in the US dollar index last week to 100.18, taking the increase to 11.0% since the beginning of the year. This follows a rise of 12.8% in 2014. All but the most optimistic of bulls must be...
GDAY: 24.58 (-0.60), FXA: 76.60 (+0.27), CROC: 57.19 (-0.59), UUPT: 29.72 (-0.06), UDN: 21.25 (+0.15), USDU: 28.90 (-0.23), FORX: 42.34 (+0.27), UUP: 26.29 (-0.20), UDNT: 10.33 (-0.15)
Oracle May Be Weighed Down by Strong U.S. Dollar: What Wall Street's Saying
at The Street - Mon Mar 16, 8:39AM CDT
As Oracle gets set to report fiscal third-quarter results Tuesday, investors are hoping the company can continue its strength in the cloud amid competition from large-tech companies.
UUP: 26.29 (-0.20), ORCL: 43.21 (+0.83)
The Mexican Peso: An Oil Hedge Bought Some Stability But That Is Only Part Of The Story
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 7:00AM CDT
OLO: 6.72 (-0.18), UMX: 31.52 (+0.54), BNO: 19.85 (-0.54), USDU: 28.90 (-0.23), DNO: 64.74 (+2.20), OIL: 9.60 (-0.43), OLEM: 21.67 (-0.63), UDNT: 10.33 (-0.15), XLE: 75.04 (+0.41), USO: 16.22 (-0.58), UCO: 6.36 (-0.50), DTO: 117.57 (+6.38), UUPT: 29.72 (-0.06), UWTI: 2.01 (-0.23), SCO: 96.56 (+6.53), UUP: 26.29 (-0.20), EWW: 57.59 (+0.32), SZO: 71.84 (+0.92), SMK: 25.94 (+1.36), DBMX: 25.16 (+0.14), DBO: 13.19 (-0.29), QMEX: 24.74 (+0.23), UDN: 21.25 (+0.15), DWTI: 157.65 (+15.65), FORX: 42.34 (+0.27), USL: 23.30 (-0.58)
An Interest Rate Hike Could Cause A Recession
Individual Trader - at Seeking Alpha - Mon Mar 16, 6:33AM CDT
SPY: 208.03 (+2.20), QQQ: 106.40 (+1.06), DIA: 179.36 (+1.80), IWM: 123.50 (+0.89), FXE: 104.15 (+1.07), UUP: 26.29 (-0.20)
Not So Precious: The Dollar Is A Problem For The Precious Metals
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 6:30AM CDT
GLDI: 11.54 (-0.02), OUNZ: 11.51 (-0.01), SIVR: 15.39 (+0.05), DSLV: 66.80 (-0.72), USDU: 28.90 (-0.23), SGOL: 113.04 (-0.07), GDXJ: 22.36 (-0.05), SLV: 14.97 (+0.07), GDX: 18.20 (+0.13), PGM: 23.45 (-0.89), UGL: 36.32 (-0.06), BARS: 47.25 (-1.58), DZZ: 7.69 (+0.01), DGL: 38.08 (-0.02), GLTR: 59.39 (-0.01), UUP: 26.29 (-0.20), DGP: 22.00 (-0.06), UBG: 29.78 (-0.09), DGZ: 15.90 (+0.03), IAU: 11.17 (unch), RGLD: 63.37 (+1.75), WITE: 32.08 (-0.17), AGOL: 113.41 (-0.31), FORX: 42.34 (+0.27), PALL: 75.90 (-1.00), UGLD: 10.20 (-0.02), GYEN: 12.87 (unch), JJP: 54.39 (+0.04), GEUR: 13.68 (-0.16), AGQ: 37.02 (+0.31), PTM: 12.00 (-0.14), BLNG: 30.80 (-1.60), ZSL: 115.13 (-0.65), UDNT: 10.33 (-0.15), TBAR: 23.88 (+0.05), ABX: 10.55 (-0.05), UUPT: 29.72 (-0.06), USV: 20.77 (+0.07), NEM: 22.22 (-0.08), PPLT: 107.56 (-0.69), DGLD: 80.86 (+0.19), DBS: 25.13 (+0.08), RGRP: 16.46 (-1.55), SLVO: 10.95 (unch), USLV: 17.41 (+0.19), DBP: 35.74 (-0.02), GLD: 110.80 (-0.08), UDN: 21.25 (+0.15), BAR: 24.57 (+0.07), GG: 19.00 (+0.14), GLL: 103.70 (+0.09)
Commodity Prices And The Dollar: Why The Dollar Could Mean An Ugly Year For Certain Raw Material Prices
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 5:30AM CDT
DJP: 27.41 (-0.23), DEE: 64.54 (+0.54), CMDT: 39.55 (-0.17), DYY: 4.39 (+0.63), COMT: 37.78 (-0.21), CSCB: 14.55 (-0.16), USDU: 28.90 (-0.23), CMD: 95.50 (+2.00), FTGC: 24.19 (+0.07), GSP: 18.33 (-0.39), UCI: 15.07 (-0.08), PDBC: 19.55 (-0.10), UCD: 11.30 (-0.58), CSCR: 14.95 (-0.36), DPU: 11.00 (unch), UDNT: 10.33 (-0.15), GSC: 27.10 (-0.34), DBC: 16.85 (-0.10), USCI: 44.90 (-0.07), RGRC: 17.57 (-0.22), UUPT: 29.72 (-0.06), RJI: 5.74 (-0.05), UUP: 26.29 (-0.20), GSG: 19.07 (-0.25), DJCI: 17.70 (-0.23), DDP: 46.00 (+1.30), SBV: 27.97 (unch), LSC: 6.07 (-0.06), GCC: 21.03 (+0.04), UDN: 21.25 (+0.15), FORX: 42.34 (+0.27), BCM: 29.97 (-0.15)
Stronger Dollar Gives Investors Lots of Opportunities to Profit
at The Street - Mon Mar 16, 5:00AM CDT
As the dollar soars, investors looking to make money off the greenback's rise have several worthwhile strategies to pursue.
TJX: 68.44 (+0.45), UUPT: 29.72 (-0.06), TGT: 80.38 (+1.20), WMT: 83.18 (+1.28), MTX: 70.75 (+0.84), UUP: 26.29 (-0.20), AIR: 33.50 (+0.51)
Market Outlook - Between A Rock And A Hard Place
Price Headley, CFA - at Seeking Alpha - Mon Mar 16, 12:47AM CDT
The third weekly loss in a row has brought the broad market down 2.4% from its recent peak. In the grand scheme of things, it's not much... not even enough to call a full corrective move. Even so, there are glimmers of hope that the selloff has run...
SPY: 208.03 (+2.20), QQQ: 106.40 (+1.06), VXX: 27.31 (-0.79), GLD: 110.80 (-0.08), DIA: 179.36 (+1.80), IWM: 123.50 (+0.89), UUP: 26.29 (-0.20)
4 Central Banks Meet But FOMC Is Key
Marc Chandler - at Seeking Alpha - Sun Mar 15, 2:15PM CDT
The most important event next week is the FOMC meeting followed by a press conference by Yellen. In order to maximize its room to maneuver, we expect the FOMC statement will drop the patience that has characterized its forward guidance since last...
FXY: 80.08 (+0.02), FXE: 104.15 (+1.07), FXF: 96.70 (-0.22), UUP: 26.29 (-0.20)
The Euro-Dollar Riot!
David Kotok - at Seeking Alpha - Sun Mar 15, 10:06AM CDT
We open this commentary by trying to simplify a very complex trade. Think of yourself as the corporate treasurer of a midsized American company. You have your basic business activities in the United States, and you have several divisions in Europe....
ULE: 15.16 (+0.30), SPY: 208.03 (+2.20), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UUP: 26.29 (-0.20), UDNT: 10.33 (-0.15), DRR: 64.80 (-1.69)
Bill Gross: Going To The Dogs
Bill Gross - Seeking Alpha - Sun Mar 15, 3:53AM CDT
If you were a dog, what kind would you be? I can't say I've thought about it a lot myself, but it is an interesting, possibly introspective question considering the theory that many dog owners pick a breed that looks or perhaps acts like themselves....
1 Comment
SPY: 208.03 (+2.20), BUNT: 51.93 (-0.66), DIA: 179.36 (+1.80), EU: 20.54 (-0.08), XLF: 24.60 (+0.28), FXF: 96.70 (-0.22), GGOV: 37.25 (unch), UDN: 21.25 (+0.15), TLT: 127.79 (+1.07), UUP: 26.29 (-0.20), BUNL: 28.16 (-0.02)
Time For A European Vacation
Calafia Beach Pundit - at Seeking Alpha - Sun Mar 15, 2:02AM CDT
(click to enlarge) Friday the euro hit a 12-year low against the dollar. According to my calculation of the PPP value of the euro, it is roughly 10% "undervalued" vis a vis the dollar. That means that Americans traveling to Europe...
ULE: 15.16 (+0.30), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UUP: 26.29 (-0.20), UDNT: 10.33 (-0.15), DRR: 64.80 (-1.69)
Gold Week Ahead - Facing A Serious Challenge
Markos Kaminis - at Seeking Alpha - Sun Mar 15, 12:25AM CDT
GDXJ: 22.36 (-0.05), GLD: 110.80 (-0.08), OIL: 9.60 (-0.43), PHYS: 9.57 (-0.01), SLV: 14.97 (+0.07), NUGT: 9.50 (+0.19), GDX: 18.20 (+0.13), UUP: 26.29 (-0.20), GG: 19.00 (+0.14)
Dollar Momentum Takes A Life On Of Its Own
Marc Chandler - at Seeking Alpha - Sat Mar 14, 11:26PM CDT
The dollar's advance accelerated since the end of February. The momentum has surprised everyone. Pullbacks continue to be shallow. The move appears to have taken a life of its own. Consider last week, as the euro slumped more than 3%, sterling more...
USO: 16.22 (-0.58), SPY: 208.03 (+2.20), IEF: 106.90 (+0.34), DIG: 47.64 (+0.36), FXA: 76.60 (+0.27), OIL: 9.60 (-0.43), FXB: 145.66 (+0.98), FXY: 80.08 (+0.02), FXC: 77.91 (+0.16), FXE: 104.15 (+1.07), UUP: 26.29 (-0.20)
More On The Euro-Dollar Exchange Rate
Bob McTeer - at Seeking Alpha - Sat Mar 14, 1:07PM CDT
Nineteen countries now use the Euro as their currency. Fifty states use the Dollar as their currency. While that comparison is correct, it is a bit misleading for various reasons. U.S. states are more homogeneous than Eurozone countries. Our states...
ULE: 15.16 (+0.30), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UUP: 26.29 (-0.20), UDNT: 10.33 (-0.15), DRR: 64.80 (-1.69)
Week Ahead In FX: USD Rally To Be Tested By FOMC Patience
Dean Popplewell - at Seeking Alpha - Sat Mar 14, 11:33AM CDT
By Alfonso Esparza The Federal Open Market Committee (FOMC) will release its interest rate statement, and Federal Reserve Chair Janet Yellen will speak at a press conference on March 18 at 2 p.m. ET, in the most anticipated event for next week in...
GDAY: 24.58 (-0.60), JYN: 47.40 (-0.75), ULE: 15.16 (+0.30), FXA: 76.60 (+0.27), URR: 16.49 (+0.22), CROC: 57.19 (-0.59), UUPT: 29.72 (-0.06), FXY: 80.08 (+0.02), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), UUP: 26.29 (-0.20), YCL: 13.68 (unch), YCS: 91.23 (-0.07), FXB: 145.66 (+0.98), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UDNT: 10.33 (-0.15), GBB: 39.33 (+0.21), DRR: 64.80 (-1.69)
Lessons From Another Tough Week And The Big Day Ahead
Eric Parnell, CFA - at Seeking Alpha - Sat Mar 14, 9:24AM CDT
XLB: 49.56 (-0.28), VXX: 27.31 (-0.79), EWL: 32.54 (+0.07), TLT: 127.79 (+1.07), EWJ: 12.54 (+0.06), HEDJ: 67.14 (+0.53), EEM: 38.73 (+0.43), KRE: 41.46 (+0.11), FXB: 145.66 (+0.98), OIL: 9.60 (-0.43), XLK: 41.88 (+0.39), FXC: 77.91 (+0.16), FXE: 104.15 (+1.07), EMB: 109.59 (-0.13), SLV: 14.97 (+0.07), XLF: 24.60 (+0.28), VNQ: 83.34 (+0.96), FXF: 96.70 (-0.22), JJC: 31.93 (-0.07), XLE: 75.04 (+0.41), HYG: 90.10 (-0.10), MUB: 109.86 (+0.08), FXY: 80.08 (+0.02), EZU: 38.24 (+0.68), XLU: 44.22 (+0.74), UUP: 26.29 (-0.20), XRT: 99.49 (+0.57), FXS: 115.05 (+0.15), XLV: 73.23 (+1.42), GSG: 19.07 (-0.25), PCY: 27.80 (-0.05), EWU: 18.09 (+0.20), GLD: 110.80 (-0.08), PFF: 39.78 (+0.04), IWM: 123.50 (+0.89)
Trading The Parabolic U.S. Dollar
Adam Hamilton - Seeking Alpha - Sat Mar 14, 5:13AM CDT
The mighty US dollar has been red-hot in March, rocketing higher on the incredible divergence of major central-bank policies. While the Federal Reserve's first rate-hike cycle in 9 years looms, the European Central Bank has started aggressively...
ULE: 15.16 (+0.30), OUNZ: 11.51 (-0.01), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), UUP: 26.29 (-0.20), SGOL: 113.04 (-0.07), GLD: 110.80 (-0.08), IAU: 11.17 (unch), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), AGOL: 113.41 (-0.31), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UDNT: 10.33 (-0.15), DRR: 64.80 (-1.69)
Weekly ETF Gainers / Losers
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 3:12PM CDT
USO: 16.22 (-0.58), OIL: 9.60 (-0.43), BNO: 19.85 (-0.54), IYR: 78.73 (+0.92), BRF: 15.65 (+0.10), EWZ: 29.58 (+0.27), VNQ: 83.34 (+0.96), TLT: 127.79 (+1.07), UUP: 26.29 (-0.20), EWJ: 12.54 (+0.06)
USD, Economy And Policy
Gary Tanashian - Seeking Alpha - 2 hrs 24 mins ago
As the title suggests I want to talk more and chart a little less this week. We do so much charting and parameter management that I think we are in no danger of falling behind the curve in those areas. The same goes for the indicators and sentiment...
SPY: 208.03 (+2.20), QQQ: 106.40 (+1.06), DIA: 179.36 (+1.80), IWM: 123.50 (+0.89), UDN: 21.25 (+0.15), UUP: 26.29 (-0.20)
U.S. Dollar Still Has Upside Ahead, Australian Dollar Is Vulnerable
Philip Baker - Seeking Alpha - Mon Mar 16, 9:52AM CDT
The US dollar continues to power ahead with a 2.6% rise in the US dollar index last week to 100.18, taking the increase to 11.0% since the beginning of the year. This follows a rise of 12.8% in 2014. All but the most optimistic of bulls must be...
GDAY: 24.58 (-0.60), FXA: 76.60 (+0.27), CROC: 57.19 (-0.59), UUPT: 29.72 (-0.06), UDN: 21.25 (+0.15), USDU: 28.90 (-0.23), FORX: 42.34 (+0.27), UUP: 26.29 (-0.20), UDNT: 10.33 (-0.15)
Oracle May Be Weighed Down by Strong U.S. Dollar: What Wall Street's Saying
at The Street - Mon Mar 16, 8:39AM CDT
As Oracle gets set to report fiscal third-quarter results Tuesday, investors are hoping the company can continue its strength in the cloud amid competition from large-tech companies.
UUP: 26.29 (-0.20), ORCL: 43.21 (+0.83)
The Mexican Peso: An Oil Hedge Bought Some Stability But That Is Only Part Of The Story
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 7:00AM CDT
OLO: 6.72 (-0.18), UMX: 31.52 (+0.54), BNO: 19.85 (-0.54), USDU: 28.90 (-0.23), DNO: 64.74 (+2.20), OIL: 9.60 (-0.43), OLEM: 21.67 (-0.63), UDNT: 10.33 (-0.15), XLE: 75.04 (+0.41), USO: 16.22 (-0.58), UCO: 6.36 (-0.50), DTO: 117.57 (+6.38), UUPT: 29.72 (-0.06), UWTI: 2.01 (-0.23), SCO: 96.56 (+6.53), UUP: 26.29 (-0.20), EWW: 57.59 (+0.32), SZO: 71.84 (+0.92), SMK: 25.94 (+1.36), DBMX: 25.16 (+0.14), DBO: 13.19 (-0.29), QMEX: 24.74 (+0.23), UDN: 21.25 (+0.15), DWTI: 157.65 (+15.65), FORX: 42.34 (+0.27), USL: 23.30 (-0.58)
An Interest Rate Hike Could Cause A Recession
Individual Trader - at Seeking Alpha - Mon Mar 16, 6:33AM CDT
SPY: 208.03 (+2.20), QQQ: 106.40 (+1.06), DIA: 179.36 (+1.80), IWM: 123.50 (+0.89), FXE: 104.15 (+1.07), UUP: 26.29 (-0.20)
Not So Precious: The Dollar Is A Problem For The Precious Metals
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 6:30AM CDT
GLDI: 11.54 (-0.02), OUNZ: 11.51 (-0.01), SIVR: 15.39 (+0.05), DSLV: 66.80 (-0.72), USDU: 28.90 (-0.23), SGOL: 113.04 (-0.07), GDXJ: 22.36 (-0.05), SLV: 14.97 (+0.07), GDX: 18.20 (+0.13), PGM: 23.45 (-0.89), UGL: 36.32 (-0.06), BARS: 47.25 (-1.58), DZZ: 7.69 (+0.01), DGL: 38.08 (-0.02), GLTR: 59.39 (-0.01), UUP: 26.29 (-0.20), DGP: 22.00 (-0.06), UBG: 29.78 (-0.09), DGZ: 15.90 (+0.03), IAU: 11.17 (unch), RGLD: 63.37 (+1.75), WITE: 32.08 (-0.17), AGOL: 113.41 (-0.31), FORX: 42.34 (+0.27), PALL: 75.90 (-1.00), UGLD: 10.20 (-0.02), GYEN: 12.87 (unch), JJP: 54.39 (+0.04), GEUR: 13.68 (-0.16), AGQ: 37.02 (+0.31), PTM: 12.00 (-0.14), BLNG: 30.80 (-1.60), ZSL: 115.13 (-0.65), UDNT: 10.33 (-0.15), TBAR: 23.88 (+0.05), ABX: 10.55 (-0.05), UUPT: 29.72 (-0.06), USV: 20.77 (+0.07), NEM: 22.22 (-0.08), PPLT: 107.56 (-0.69), DGLD: 80.86 (+0.19), DBS: 25.13 (+0.08), RGRP: 16.46 (-1.55), SLVO: 10.95 (unch), USLV: 17.41 (+0.19), DBP: 35.74 (-0.02), GLD: 110.80 (-0.08), UDN: 21.25 (+0.15), BAR: 24.57 (+0.07), GG: 19.00 (+0.14), GLL: 103.70 (+0.09)
Commodity Prices And The Dollar: Why The Dollar Could Mean An Ugly Year For Certain Raw Material Prices
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 5:30AM CDT
DJP: 27.41 (-0.23), DEE: 64.54 (+0.54), CMDT: 39.55 (-0.17), DYY: 4.39 (+0.63), COMT: 37.78 (-0.21), CSCB: 14.55 (-0.16), USDU: 28.90 (-0.23), CMD: 95.50 (+2.00), FTGC: 24.19 (+0.07), GSP: 18.33 (-0.39), UCI: 15.07 (-0.08), PDBC: 19.55 (-0.10), UCD: 11.30 (-0.58), CSCR: 14.95 (-0.36), DPU: 11.00 (unch), UDNT: 10.33 (-0.15), GSC: 27.10 (-0.34), DBC: 16.85 (-0.10), USCI: 44.90 (-0.07), RGRC: 17.57 (-0.22), UUPT: 29.72 (-0.06), RJI: 5.74 (-0.05), UUP: 26.29 (-0.20), GSG: 19.07 (-0.25), DJCI: 17.70 (-0.23), DDP: 46.00 (+1.30), SBV: 27.97 (unch), LSC: 6.07 (-0.06), GCC: 21.03 (+0.04), UDN: 21.25 (+0.15), FORX: 42.34 (+0.27), BCM: 29.97 (-0.15)
Stronger Dollar Gives Investors Lots of Opportunities to Profit
at The Street - Mon Mar 16, 5:00AM CDT
As the dollar soars, investors looking to make money off the greenback's rise have several worthwhile strategies to pursue.
TJX: 68.44 (+0.45), UUPT: 29.72 (-0.06), TGT: 80.38 (+1.20), WMT: 83.18 (+1.28), MTX: 70.75 (+0.84), UUP: 26.29 (-0.20), AIR: 33.50 (+0.51)
Market Outlook - Between A Rock And A Hard Place
Price Headley, CFA - at Seeking Alpha - Mon Mar 16, 12:47AM CDT
The third weekly loss in a row has brought the broad market down 2.4% from its recent peak. In the grand scheme of things, it's not much... not even enough to call a full corrective move. Even so, there are glimmers of hope that the selloff has run...
SPY: 208.03 (+2.20), QQQ: 106.40 (+1.06), VXX: 27.31 (-0.79), GLD: 110.80 (-0.08), DIA: 179.36 (+1.80), IWM: 123.50 (+0.89), UUP: 26.29 (-0.20)
4 Central Banks Meet But FOMC Is Key
Marc Chandler - at Seeking Alpha - Sun Mar 15, 2:15PM CDT
The most important event next week is the FOMC meeting followed by a press conference by Yellen. In order to maximize its room to maneuver, we expect the FOMC statement will drop the patience that has characterized its forward guidance since last...
FXY: 80.08 (+0.02), FXE: 104.15 (+1.07), FXF: 96.70 (-0.22), UUP: 26.29 (-0.20)
The Euro-Dollar Riot!
David Kotok - at Seeking Alpha - Sun Mar 15, 10:06AM CDT
We open this commentary by trying to simplify a very complex trade. Think of yourself as the corporate treasurer of a midsized American company. You have your basic business activities in the United States, and you have several divisions in Europe....
ULE: 15.16 (+0.30), SPY: 208.03 (+2.20), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UUP: 26.29 (-0.20), UDNT: 10.33 (-0.15), DRR: 64.80 (-1.69)
Bill Gross: Going To The Dogs
Bill Gross - Seeking Alpha - Sun Mar 15, 3:53AM CDT
If you were a dog, what kind would you be? I can't say I've thought about it a lot myself, but it is an interesting, possibly introspective question considering the theory that many dog owners pick a breed that looks or perhaps acts like themselves....
1 Comment
SPY: 208.03 (+2.20), BUNT: 51.93 (-0.66), DIA: 179.36 (+1.80), EU: 20.54 (-0.08), XLF: 24.60 (+0.28), FXF: 96.70 (-0.22), GGOV: 37.25 (unch), UDN: 21.25 (+0.15), TLT: 127.79 (+1.07), UUP: 26.29 (-0.20), BUNL: 28.16 (-0.02)
Time For A European Vacation
Calafia Beach Pundit - at Seeking Alpha - Sun Mar 15, 2:02AM CDT
(click to enlarge) Friday the euro hit a 12-year low against the dollar. According to my calculation of the PPP value of the euro, it is roughly 10% "undervalued" vis a vis the dollar. That means that Americans traveling to Europe...
ULE: 15.16 (+0.30), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UUP: 26.29 (-0.20), UDNT: 10.33 (-0.15), DRR: 64.80 (-1.69)
Gold Week Ahead - Facing A Serious Challenge
Markos Kaminis - at Seeking Alpha - Sun Mar 15, 12:25AM CDT
GDXJ: 22.36 (-0.05), GLD: 110.80 (-0.08), OIL: 9.60 (-0.43), PHYS: 9.57 (-0.01), SLV: 14.97 (+0.07), NUGT: 9.50 (+0.19), GDX: 18.20 (+0.13), UUP: 26.29 (-0.20), GG: 19.00 (+0.14)
Dollar Momentum Takes A Life On Of Its Own
Marc Chandler - at Seeking Alpha - Sat Mar 14, 11:26PM CDT
The dollar's advance accelerated since the end of February. The momentum has surprised everyone. Pullbacks continue to be shallow. The move appears to have taken a life of its own. Consider last week, as the euro slumped more than 3%, sterling more...
USO: 16.22 (-0.58), SPY: 208.03 (+2.20), IEF: 106.90 (+0.34), DIG: 47.64 (+0.36), FXA: 76.60 (+0.27), OIL: 9.60 (-0.43), FXB: 145.66 (+0.98), FXY: 80.08 (+0.02), FXC: 77.91 (+0.16), FXE: 104.15 (+1.07), UUP: 26.29 (-0.20)
More On The Euro-Dollar Exchange Rate
Bob McTeer - at Seeking Alpha - Sat Mar 14, 1:07PM CDT
Nineteen countries now use the Euro as their currency. Fifty states use the Dollar as their currency. While that comparison is correct, it is a bit misleading for various reasons. U.S. states are more homogeneous than Eurozone countries. Our states...
ULE: 15.16 (+0.30), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UUP: 26.29 (-0.20), UDNT: 10.33 (-0.15), DRR: 64.80 (-1.69)
Week Ahead In FX: USD Rally To Be Tested By FOMC Patience
Dean Popplewell - at Seeking Alpha - Sat Mar 14, 11:33AM CDT
By Alfonso Esparza The Federal Open Market Committee (FOMC) will release its interest rate statement, and Federal Reserve Chair Janet Yellen will speak at a press conference on March 18 at 2 p.m. ET, in the most anticipated event for next week in...
GDAY: 24.58 (-0.60), JYN: 47.40 (-0.75), ULE: 15.16 (+0.30), FXA: 76.60 (+0.27), URR: 16.49 (+0.22), CROC: 57.19 (-0.59), UUPT: 29.72 (-0.06), FXY: 80.08 (+0.02), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), UUP: 26.29 (-0.20), YCL: 13.68 (unch), YCS: 91.23 (-0.07), FXB: 145.66 (+0.98), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UDNT: 10.33 (-0.15), GBB: 39.33 (+0.21), DRR: 64.80 (-1.69)
Lessons From Another Tough Week And The Big Day Ahead
Eric Parnell, CFA - at Seeking Alpha - Sat Mar 14, 9:24AM CDT
XLB: 49.56 (-0.28), VXX: 27.31 (-0.79), EWL: 32.54 (+0.07), TLT: 127.79 (+1.07), EWJ: 12.54 (+0.06), HEDJ: 67.14 (+0.53), EEM: 38.73 (+0.43), KRE: 41.46 (+0.11), FXB: 145.66 (+0.98), OIL: 9.60 (-0.43), XLK: 41.88 (+0.39), FXC: 77.91 (+0.16), FXE: 104.15 (+1.07), EMB: 109.59 (-0.13), SLV: 14.97 (+0.07), XLF: 24.60 (+0.28), VNQ: 83.34 (+0.96), FXF: 96.70 (-0.22), JJC: 31.93 (-0.07), XLE: 75.04 (+0.41), HYG: 90.10 (-0.10), MUB: 109.86 (+0.08), FXY: 80.08 (+0.02), EZU: 38.24 (+0.68), XLU: 44.22 (+0.74), UUP: 26.29 (-0.20), XRT: 99.49 (+0.57), FXS: 115.05 (+0.15), XLV: 73.23 (+1.42), GSG: 19.07 (-0.25), PCY: 27.80 (-0.05), EWU: 18.09 (+0.20), GLD: 110.80 (-0.08), PFF: 39.78 (+0.04), IWM: 123.50 (+0.89)
Trading The Parabolic U.S. Dollar
Adam Hamilton - Seeking Alpha - Sat Mar 14, 5:13AM CDT
The mighty US dollar has been red-hot in March, rocketing higher on the incredible divergence of major central-bank policies. While the Federal Reserve's first rate-hike cycle in 9 years looms, the European Central Bank has started aggressively...
ULE: 15.16 (+0.30), OUNZ: 11.51 (-0.01), URR: 16.49 (+0.22), UUPT: 29.72 (-0.06), EUO: 27.91 (-0.61), USDU: 28.90 (-0.23), UUP: 26.29 (-0.20), SGOL: 113.04 (-0.07), GLD: 110.80 (-0.08), IAU: 11.17 (unch), FXE: 104.15 (+1.07), UDN: 21.25 (+0.15), AGOL: 113.41 (-0.31), EUFX: 45.58 (-0.48), FORX: 42.34 (+0.27), ERO: 40.20 (-0.04), UDNT: 10.33 (-0.15), DRR: 64.80 (-1.69)
Weekly ETF Gainers / Losers
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 3:12PM CDT
USO: 16.22 (-0.58), OIL: 9.60 (-0.43), BNO: 19.85 (-0.54), IYR: 78.73 (+0.92), BRF: 15.65 (+0.10), EWZ: 29.58 (+0.27), VNQ: 83.34 (+0.96), TLT: 127.79 (+1.07), UUP: 26.29 (-0.20), EWJ: 12.54 (+0.06)
