On Monday morning, the strength in the Mexican peso is bullish since peso is inversely correlated with VIX. If it holds, it's favorable for stocks. Bonds pulled back. European markets such as Germany have barely bounced
BTC pulled back again. If this week will be bullish in general, this should be the low for BTC. It can go as low as $20,800 without breaking its uptrend though. S&P 500 divided by DAX, both in local currency. Possible top? As discussed in recent posts, the ideal situation for a rally is a pullback into the Fed meeting, followed by the final leg of the rally. A pullback in the U.S. dollar looks like the most important component for a rally right here given that bonds have already rallied quite a bit, but the weaker dollar could support commodities and energy.
Realtor.com Reports Active Inventory UP 25.5% YoY; New Listings up 14.9% YoY
-
*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
No comments:
Post a Comment