Weekly Update

091616adrenaline

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At any time, the Central Banks may give markets another adrenaline shot, especially if financial markets fall sharply.

091616spxnikyen

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U.S. stocks in yen at support.

091616spxnikdoll

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Japanese stocks in dollars breaking down.

091616goldyen

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Weak gold implies dollar yen to move higher, or gold move is a fake out.

091616spxad

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Breadth recovered quickly this week.

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Dollar Rocket Launch

The dollar appears to have begun a huge move, with implications for just about every other market.

082616pump

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A big dollar rally will deflate the Money Printing Pump very quickly.

082616spxAD

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082616spxnikdol

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Dollar rally will collapse the Nikkei in dollar terms, the S&P should follow.

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Weekly Update

080716spxAD

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0807163dnh

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The first two charts are arguably bullish, with stocks appearing to have weathered a pullback with minimal price damage.

080716pump

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That weak dollar sure helps keep The Money Printing Pump in expansion mode.

080716goldequalyen

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Dollar yen and gold are the same market these days.

080716nikspxyen

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The Nikkei and the S&P priced in yen is also the same market.

080716spxingold

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Quod erat demonstrandum, the Nikkei and S&P in gold are the same market, as indeed the chart shows they are.

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