Posts Tagged ‘dollar’
Posted by StockRake on August 12, 2008 in ETFs, Leveraged ETFs, Leveraged Funds, Market Comments, Stock Comments, Trades
Market Moving My Way
I mentioned yesterday that I went short with a “medium” position. This morning I’ve added to the index funds in the RUT only. I also bought TWM and EFU (2x inverse MSCI etf). The EFU is a play on the strengthening dollar. If the US dollar strengthens, the emerging markets will go down. The weak …
Posted by StockRake on August 4, 2008 in Agriculture Stocks, Alternative Energy, coal stocks, Commodity Stocks, Drug Stocks, ETFs
Is The US Dollar Ready To Rally?
Did we get a signal today that the US dollar is ready to rally? Commodities got slobber knocked. Steel, coal, shipping stocks, ag stocks, oil and oil stocks as well as alternative energy stocks, you NAME the stock it got crushed today. However, the financials held up. Commodities go down, dollar goes up and with …
