Tag Archives: us dollar index

Market Timing the US Dollar Index, Gold and Stocks: New Trend?

Posted on March 11, 2011 by David Durand

The dollar looks like it is starting a rally. Yesterday I tweeted via DavidBDurandMD on Twitter that I had gone long the US dollar.  Today I went short the Euro.  There are ETF’s you can use to do this if … Continue reading →

Posted in gold, gold etf, Market timing, S&P 500 Index, US Dollar Index | Tagged , , , | Leave a comment

Market Timing the US Dollar Index: Watch this line

Posted on February 24, 2011 by David Durand

The US dollar index has dropped just below a major up trend line this morning that is formed by the Nov. 2010 and early Feb. 2011 lows. A breach of this line at around 77.19 would cause the dollar to … Continue reading →

Posted in gold, gold etf, Market timing, US Dollar Index | Tagged , , , , , | Leave a comment

Market Timing Signal: The US Dollar Failed A Test and Your Federal Credit Rating Just Declined!

Posted on February 23, 2011 by David Durand

The US dollar has been considered the reserve currency of the world. That means that when the you-know-what hits the international fan, the dollar is SUPPOSED to rally. It barely moved yesterday! Gold did move up significantly. This amounts to … Continue reading →

Posted in gold etf, investment, Market timing, trading | Tagged , , , | Leave a comment

Euro Attempts Breakout and Fails for Now

Posted on January 21, 2011 by David Durand

(UPDATE on 1-24-2011: Please see the comments below this post. This was a decent place to trade against the Euro, but the dollar reversed and failed support, so the trade was exited at a small loss. If you follow your … Continue reading →

Posted in Uncategorized | Tagged , , , , , | 2 Comments

Dollar Reverses Fakeout Breakdown: Sell the Euro

Posted on January 20, 2011 by David Durand

The US dollar index just reversed the prior breakdown this morning and we’ve got a market timing signal. It does that once in a while and when it does, it can work out as a good reversal trade. The market … Continue reading →

Posted in Uncategorized | Tagged , , , , | 1 Comment

China’s Currency Threats: Take them Seriously

Posted on January 19, 2011 by David Durand

President Hu said the US is printing too much money and is the cause of global inflation. Global food inflation is at 25% for the year. Imagine how that effects those who barely get by. Our Fed is hurting those … Continue reading →

Posted in Uncategorized | Tagged , , , , | Leave a comment

Time for the Euro to Come Down Again

Posted on January 18, 2011 by David Durand

The US dollar index is at the base of the recent market timing range and the Euro is at the top. Time for that to reverse. Europe cannot stand having a strong currency when more than ever they need an … Continue reading →

Posted in Uncategorized | Tagged , , , | 1 Comment