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Market Pulse: The U.S. Dollar Appears Overbought

Market Pulse: The U.S. Dollar Appears Overbought

The U.S. dollar index has been in a steady downtrend since May. It paused after breaking a short-term trend line on January 8, but the bearish pressure continues. Click here to view the related idea and chart analysis on TradingView.

Crisis Over? All of a Sudden, the Global Economy Is Looking Better

Crisis Over? All of a Sudden, the Global Economy Is Looking Better

Energy stocks are rallying. Factories are reopening. Interest rates are rising. All of a sudden, economic data and the stock market are pointing to a broad recovery from the coronavirus pandemic. Yesterday the Institute for Supply Management's manufacturing index...

The U.S. Dollar Is Tanking. Here Are Key Things For Investors to Know

The U.S. Dollar Is Tanking. Here Are Key Things For Investors to Know

The U.S. dollar has been sliding for months, potentially creating a different kind of market in 2021. Currency moves often change the way investors think about stocks. Company fundamentals can lose importance in favor of economics and interest rates. Commodity prices...

6 Reasons Why Last Week’s Pullback Wasn’t All That Bearish

6 Reasons Why Last Week’s Pullback Wasn’t All That Bearish

Stocks dipped last week, but there are several reasons why it wasn't terribly bearish. Stocks were overbought.The S&P 500 held important levels."Risk-on sectors" were strong."Safe havens" were weak.Investors are favoring smaller companies.The holidays are coming....

‘Lower for Longer’ Is the New Mantra at the Federal Reserve

‘Lower for Longer’ Is the New Mantra at the Federal Reserve

The Federal Reserve meets today, with markets expecting its low-rate policy to continue. Last month, Chairman Jerome Powell gave a major speech at the central bank's annual conference. The big change was a willingness to accept higher inflation in the short term. That...

Four Risks Face the Nasdaq After Technology Skidded Lower Last Week

Four Risks Face the Nasdaq After Technology Skidded Lower Last Week

Technology stocks just had their worst week since March as Apple and Tesla skidded lower. More risks could be on the horizon. The Nasdaq-100 fell 3.1 percent between Friday, August 28, and Friday, September 4. The SPDR Technology ETF (XLK) declined 4.1 percent. Both...

Here’s Your Ultimate Guide to Trading the Weak Dollar

Here’s Your Ultimate Guide to Trading the Weak Dollar

A perfect storm of forces is lining up against the U.S. dollar. Here are some key things for investors to know. First, even if you don’t trade currencies (and most people don't), they can have a big influence on the stock market. Moves in the foreign-exchange markets...

The Nasdaq Just Had the Worst Week In a Decade, By this Measure

The Nasdaq Just Had the Worst Week In a Decade, By this Measure

Stocks rose again last week, flirting with post-pandemic highs, even as major technology names declined. The S&P 500 rose 1.25 percent between Friday, July 10, and Friday, July 17. It was the index's third straight weekly gain, with more than four-fifths of its...

All of a Sudden, Investors Are Waking Up to Global Stocks

All of a Sudden, Investors Are Waking Up to Global Stocks

The U.S. dollar is under pressure, spurring interest in a whole new universe of stocks and commodities. The iShares China Large Cap ETF (FXI) flew 9.5 percent on Monday, its biggest rally in more than a decade. KraneShares CSI China Internet ETF (KWEB) also rose more...