Thursday, October 7, 2010

The Dollar to S&P 500 Relationship

TweetThis
What an utter joke.

Market share? Company prospects? P/E ratio? P/S ratio? Debt?  Revenue?  Heck, even technical analysis?  Useless.  Tell me where the dollar is and I'll do the opposite!

Here is the intraday chart of dollar vs S&P 500.  The STOOPID market (IQ 8 required) in visual form.



That is one day; here it is over the past month... as an American your perfect correlation as a stock speculator; you make 6% on the S&P 500, but you lose 6% as your dollar is crushed. You "win"... as long as you are oblivious.

[click to enlarge]


Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.

Copyright @2012 FundMyMutualFund.com