Total Pageviews

Tuesday, March 30, 2021

The strength on the US dollar keeps pulling away

        From Monday 3/29/21 going through closing of the three major stock market boards the US dollar from Monday has jumped by +.02 on the MACDs history, with it being at +.11.     The positive blue line keeps pulling itself away from the negative red line (positive blue at +.51, negative red at +.40).

        Going into the overnight hours the dollar is still rising, with them at (positive blue at +.55 and the negative red at +.43, with the history line at +.12 going in 3/31/21.       Now looking at how the dollar is fairing upon the Relative Strength Index, at the moment it is at 72.14 percent and heading into the overbought area.      With the US dollar heading in that area it won't be able to keep climbing and should start seeing the negative red line on the MACDs gaining grounds on the Positive blue line.

       That would be good for stock markets boards once again having momentum within enough stocks to start driving prices up again.     At the moment the stock futures are up on all three of the US major stock boards: DOW is up by $37.00, the S & P 500 is up by $4.00 and the NASDAQ is up by $10.75 at 7:17 pm PST.       The dollar was recently at $93.36 and has fallen back down to $93.35 at 7:19 pm PST, here is another update on the stock futures: DOW is up by $11.00, S & P 500 is up by $0.75 and the NASDAQ is up by $6.75 at 8:18 pm PST.      Dollar climbing with it now at $93.43 and its highest point so far at 8:20 pm PST, during last week we had mentioned about Color Star Technologies Comp. Ltd, that its momentum has been pushing this stock up on price.     Today it has jumped up by .48 cents from yesterday's closing of $1.34 and had closed at $1.82, the stock symbol is CSCW.

        Had small gain of $8.21 on our investments, here is another update on the stock futures: DOW is up by $34.00, S & P 500 is up by $3.00 and the NASDAQ is up by $11.75 at 9:22 pm PST, the US dollar has gone down slightly to $93.41 at 9:23 pm PST.   

No comments:

Post a Comment

Welcome to the commit section for our Stock Market Research News Letter Report that is brought to you by Carson Investment Services LLC. We are in the process of creating something in where people can get together and talk about stocks or the investment for an online chat place.