The U.S. Dollar appears overbought, will the stock market rally and the bond market sell off?
http://futures.tradingcharts.com/chart/US/M
http://www.fxstreet.com/rates-charts/usdollar-index/
* as of 7/5/10, the U.S. Dollar index is at 84.552; the index topped out at 88.834 on 6/4/10
Tuesday, July 6, 2010
Monday, July 5, 2010
May and June, not so good
Well, the months of May and June haven't been so good. I have neither bought nor sold any securities during that time frame. I made some disaster investments in a couple of companies that are teetering on the edge of bankruptcy at the height of the stock market pull-back. The rest of my investments have lost double digits, but I still like the prices of where they are at.
Maybe in hindsight the major stock indexes of the world have had such as huge run-up from March 2009 that a pull-back was inevitable. The stocks markets were on fire earlier this year and maybe I should have has a clue. Maybe I should have bought some portfolio insurance. The rest of this summer should be interesting.
Maybe in hindsight the major stock indexes of the world have had such as huge run-up from March 2009 that a pull-back was inevitable. The stocks markets were on fire earlier this year and maybe I should have has a clue. Maybe I should have bought some portfolio insurance. The rest of this summer should be interesting.
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