I found this post very interesting:
When Fundamentals and Technicals Fail to Align
My read-between-the-lines of the current economic environment includes:
Could the relatively ho-hum response of the Euro to the big downside in the US market today be considered another disconnect? I mean, in general when the US market is down, the Euro is up for about as long as I've been following it (a few months). Or is this lack up move in the Euro more related to oil not changing that much today (ie: typically oil up = Euro up). Or is it just a cowinkeedink that for the US markets have been going down while the Euro has been going up, then reversed lately?
Help a newbie, would ya?
When Fundamentals and Technicals Fail to Align
My read-between-the-lines of the current economic environment includes:
Could the relatively ho-hum response of the Euro to the big downside in the US market today be considered another disconnect? I mean, in general when the US market is down, the Euro is up for about as long as I've been following it (a few months). Or is this lack up move in the Euro more related to oil not changing that much today (ie: typically oil up = Euro up). Or is it just a cowinkeedink that for the US markets have been going down while the Euro has been going up, then reversed lately?
Help a newbie, would ya?
Isolate yourself from the herd