Spiral Calendar – Page 171 – Christopher Carolan on Financial Markets & Lunar Cycles

Waiting on the Yen

Stronger yen equals lower stocks. It's that simple. The stock market is hostage to the unfolding emerging market currency crisis.

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It Begins

The next leg down is beginning for U.S. stocks.

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Chart-o-Mania

An extra helping of charts within for subscribers.

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For a few minutes today immediately after the FED announcement, dollar yen and eMini futures moved in different directions. But at the end of the day, the two markets were back in sync. And the important feature here is that stocks are following the yen.