September 28, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

King Dollar

Please click here for a chart of the U.S. Dollar Index Bullish Fund (UUP).

Note the following:

• The chart shows when The Arora Report’s Morning Capsule headline read “MOMO GURUS PREDICT DEMISE OF DOLLAR BULL RUN, CHINA DATA TEMPERS ENTHUSIASM FOR STOCKS.”
• Momo gurus were thrilled as the dollar had been falling going into July 17, 2023.  In the morning of July 17, 2023, there was a unanimous chorus that the dollar was about to fall out of bed.  We wrote:

The chorus of momo guru predictions that the dollar bull run has ended is picking up steam again.