WEEKLY MARKET DIGEST: A MUST SEE CURRENCY CHART FOR EVERY STOCK INVESTOR $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )
A MUST SEE CURRENCY CHART FOR EVERY STOCK INVESTOR
January 24, 2014
Lately there has been a remarkable correlation between the U. S. stock market and the Japanese yen. The chart compares ETF SPY which represents S&P 500 to ETF YCS which represents 100% leveraged inverse position in Japanese yen against the U. S. dollar.
The chart shows six incidence of a dip in YCS since December that also correlated with dip in S&P 500.
Please click here to see the chart.… Please click here or the title below to read more.