Hello and welcome back to CRI's Market Message Video Blog.
Youtube link: Most recent Market Message.
- US Dollar is ultimate 'fear' / 'greed' proxy.
- Commitment of Trades Report confirms US Dollar Index bull market
- Pegging a currency to another falling currency can be dangerous.
- A strong US $ is bad for stocks while a weak US $ is good for stocks.
- Market breadth is extremely oversold. Expect a selling climax soon followed by a Santa Claus Rally?
- The recently dead-cat bounce in the broader US stock market has played itself out. Selling has hit climactic proportions - is a short term bottom far away?
That's all for this issue of CRI's Market Message,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.therationalinvestor.ca
http://www.therationalinvestor.ca