Now if the dollar continues to rise even more, then we will be seeing more of an correction happening upon the stock markets. Since yesterday the US dollar has been climbing from its close of $90.51, with it up by another .42 cents $90.93 at 4:01 pm EST. Our power supply in supplying the United States needs a major upgrade from Texas up to North Dakota. The drastic cold weather hitting the central part of the states as the power companies within the state of Texas weren't prepared. Here is the article with President Joe Biden pushing for improving the electrical grid: https://www.bloomberg.com/news/articles/2021-02-17/biden-s-plea-to-remake-grid-gets-a-boost-on-texas-power-crisis. With most of our investments tumbling from the stock market boards heading down today as two of our bids to purchase more shares is getting closer to the bid price. Here is the stock futures: DOW is up by .33 percent, the S & P 500 is down by .01 percent and the NASDAQ is down by .49 percent at 1:16 pm PST. At 4:51 pm EST the US dollar has dropped by one penny, here is another update on the stock futures: DOW is up by .00 percent, the S & P 500 is down by .03 percent and the NASDAQ is down by .02 percent at 1:54 pm PST. Our investment went down slightly by $33.89, here is another update on the stock futures: DOW is up by .01 percent, the S & P 500 is down by .05 percent and the NASDAQ is down by .00 percent at 3:27 pm PST and dollar is flat going through the last hour.
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Wednesday, February 17, 2021
Will have to kept an eye on the US dollar since its been climbing for nearly two days
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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