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An In depth Look At The USD

Cory
September 20, 2018

Doc and I look at the USD and the longer-term charts to determine where the dollar is headed. It may seem boring but there is a good chance the dollar moves sideways for a period of time before it breaks. That sideways move is the most important to look around the world at what is happening to determine if things are truly changing.

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Discussion
7 Comments
    CFS
    Sep 20, 2018 20:47 PM

    NEW YORK (AP) — Reefer Madness has gripped Wall Street.

    Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the ending will be a buzzkill.

    Billions of dollars have poured into the stocks in the last few months, and investors smell green (money, not leaves) in the air as they consider the opportunities these companies might have as the marijuana market in Canada grows, along with the possibility that the U.S. and other countries could follow suit.

    The value of one company, British Columbia-based Tilray, has jumped tenfold since its initial public offering just two months ago. The company had $20 million in sales in 2017, but it’s now worth considerably more than Macy’s or Hasbro. With those huge gains have come extreme swings.

    CFS
    Sep 20, 2018 20:49 PM

    The dollar index is a semi-meaningless index. It is far too dependent on the Euro.

      Sep 20, 2018 20:55 PM

      Agreed!

    Sep 20, 2018 20:37 PM

    O/T America’s #1 Psychic “The War has Started”, Michelle Whitedove

    https://www.youtube.com/watch?v=wXddFo5POaM

    Sep 20, 2018 20:45 PM

    ARV.AX Artemis Resources Radio Hill Gold Circuit Construction Update

    https://www.asx.com.au/asxpdf/20180921/pdf/43yj0rycbwgtqt.pdf

    Sep 21, 2018 21:27 AM

    Slaughter in ASM!!