At some point the strong dollar will hurt.
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click chart to enlarge Divergence forming.
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Category: Yen
One Big Market
It's just one big equity market, folks. U.S. - Japan, the only difference is the currency.
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Of “What if’s” and “Wish fors.”
Of "what if's" and "wish fors."
click chart to enlarge What if dollar yen was priced according to relative central bank balance sheets?
click chart to enlarge The Dollar Rally, be careful what you wish for.
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Cooling Off
Take a deep breath, everybody.
click chart to enlarge Peaked
click chart to enlarge Deteriorating.
Sorting
It's been a rough week for conventional wisdom in many forms. Markets are soring winners and losers from the wreckage of conventional wisdom.
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click chart to enlarge The S&P has re-synced with the Nikkei, closing the recent lag.
click chart to enlarge Gold says dollar yen higher.
click chart to enlarge Relative balance sheet size says dollar yen much higher.
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However, dollar strength depresses the balance sheet money pump denominated in dollars. A problem for stocks later.
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Crazy
Impressive display by the bulls today.
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Election Eve
I have no clue who wins tomorrow.
click chart to enlarge I mentioned early last week that the dollar decline was re-inflating the Money Printing Pump and setting the stage for the next advance.
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click chart to enlarge Small bullish divergence confirmed today.
Spirals Trump Moons
That Spiral Calendar date was important after all! The lunar calendar had to wait for the Spiral to finish its business.
click chart to enlarge October 24/25 was an important Spiral Calendar date.
click chart to enlarge Falling dollar reflates the Money Printing Pump.
click chart to enlarge New lows waking up from a long slumber.
click chart to enlarge Divorce.
click chart to enlarge video discussion inside.