The day when these crashes happened the dollar ended up increasing from the day before. Throughout August the dollar was holding itself between 93. and 92. Was just checking what the dollar was doing on the early morning of September 3rd, 2020 and it was moving upward and so it might be signaling that a correction is upon us. Way too many signs of indication and if you haven't read this post that I had put up last night at 11:13 pm PST or the one a few days ago on August 31st, 2020. That we had mentioned about the US major stock markets going through a correction either on September 2nd or the 3rd 2020. Coming across that detail information on what the dollar was doing on the early morning way before the US stock markets had opened for Thursday, September 3rd, 2020 and knew that the correction had begun. This morning I had added extra funds into my account invest into something that has fallen below the 40 percent threshold on the Relative Strength Index. Here is the link to that blog on August 31 2020 at: https://stockmarketresearchnewsletterreport.blogspot.com/2020/08/gaging-in-how-these-us-stock-market.html.
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Wednesday, September 2, 2020
Reviewing history upon the dollar when market crashes happened
What I found was interesting when examining the dollar just before September 29, 2008 and on February 20, 2020. That the dollar was stable for about 3 to 4 weeks before these crashes happened.
I am author in writing multiple stories from science fiction to mystery. A bit of adventure, ghost stories, fantasy to action. Experience at investing for over 26 years and stock market research for close to 44 years. Owner of Carson Investment Services LLC. Working on around 40 different stories to be published, with two nearly ready for publishing. Been in the movie theatre business for 22 years and gave the Detroit Theatre another 30 years of life before it went out of business in Lakewood, Ohio. Member of the United Food and Commercial Workers Union from Cleveland, Ohio and had been an NBA partner with the Cleveland Cavaliers for 17 years.
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