Chartucopia

Some charts for a Saturday, some in front of the paywall, others behind.

091016pumpupclose

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We know what the Central Banks did the last time markets headed over the cliff. This will be the chart to watch this instance also.

091016pumplarge

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091016bojfedjpy

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If dollar yen ever reflected relative money printing, it would be quite a bit higher. It's a balloon under water.

091016bojecbeurjoy

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091016fedecbeur

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091016spxyen

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Expect the Nikkei to play catch up out of the gate next week.

091016goldyen

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A stronger dollar will prevent gold from benefiting from any flight out of bonds and stocks.

091016spxad

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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

click chart to enlarge A big dollar rally will deflate the Money Printing Pump very quickly.

082616spxAD

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082616spxnikdol

click chart to enlarge 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

click chart to enlarge Dollar yen and gold are the same market these days.

080716nikspxyen

click chart to enlarge The Nikkei and the S&P priced in yen is also the same market.

080716spxingold

click chart to enlarge 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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