Well before the stock markets in the US had even opened the dollar was staying above its closing from yesterday of when it closed at $90.61 on Thursday 4/29/21. Going through on early Friday morning of 4/30/21 the stock futures were struggling just to gain any ground to push themselves into the positive side. With the way the US dollar was moving higher it was keeping the stock market boards down throughout Friday. Upon the MACDs there is a huge shift from when the dollar was at -.15 on the history line, that is telltale sign for stock market boards to go through a decline coming up.
The good thing is that with falling stock prices, people would be able to get a better buy on their investment. Right now the US dollar looking against the MACDs are negative red line -.23, positive blue -.31, with the history line at -.08. Today we have two articles one on the US data and Biden Administration to return billions that were diverted from Pentagon. Article one: Dollar moves up from US data, second article: Biden Administration to return billions back into the Pentagon.
Coming on late Sunday afternoon of 5/2/21 we will be checking upon the stock futures, right now they aren't looking that great for this coming Monday 5/3/21. The three US stock market futures are down after Friday's closing: DOW is down by $144.00, the S & P 500 is down by $23.00 and the NASDAQ is down by $88.25. Had only a small loss on our investments of $30.96 as will be back late Sunday afternoon.
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