Web Statistics Traders look to cash in on climbing dollar trades

Wednesday 16 November 2016

Traders look to cash in on climbing dollar trades

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Traders look to cash in on climbing dollar trades

Traders look to cash in on climbing dollar trades
Traders look to cash in on climbing dollar trades


"Traders look to cash in on climbing dollar trades" 


so Traders look to cash in on climbing dollar trades ? But how can they do this ?..... See below. 

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Right now, Traders look to cash in on climbing dollar trades. [see chart below]



If you're not good with money, entrepreneurship is probably not for you.

On wall st traders weighed the opportunities that were helped by a stronger dollar on Wednesday.

[chart] Taking a look at the US dollar, which climbed to a near 14-year high against a basket of currencies on Wednesday, may not continue to rise. The financial sector finished the day down 1.42 percent, but the sector isn't too far off its record highs from earlier this week, which has alerted some investors lately. Especially after TRUMP has is now the president elect.  Here is the USD chart....


Traders look to cash in on climbing dollar trades
Traders look to cash in on climbing dollar trades



The technology sector bounced back Wednesday, finishing up nearly 1 percent. That could be a sign of the market's consistent rotation, ultimately leading to a chance for more upside. We shall see in the next 4 week, if that is the case.

There is "no question" that a stronger dollar is a headwind for oil, commodities, and emerging markets and is definitely something to watch. SO we are keeping that on the radar for our MEMBERS HERE!....

Lets not assume that bank stocks are going to continue to climb the way they have. Traders should not automatically assume that deregulation is coming, Anyone who buys Bank of America or Goldman Sachs, for example, is chasing the rally. In fact, both of those bank stocks are up more than 20 percent in the last month.....That might not be the best of ideas here at the end of 2016, however we can say that the market is reacting very positively to the TRUMP winning situation, but that could all change next year, when he is actually sitting in the chair in oval office, as of right now, we still have to remember OBAMA is running the country!!!, and the shock of the TRUMP win is wearing off. 

We have our overall outlook for pending 2017 period in the coming newsletter

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More updates coming please stay tuned


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