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Thursday, April 29, 2021

Dollar rising nearly an hour before stock markets had opened

       Took a small loss today 4/29/21 of $36.19 with the last remaining day of this month left until we head into the month of May next week.     Approximately almost an hour before the market had opened the US dollar began rising a second time and giving the stock markets a pull down going through the early morning hours.     Eventually the stock market boards were able to recover heading through the late hours before the US markets had closed.      The dollar was losing its surge around after 10 am EST with it steadily dropping.       Ex President Jimmy Carter is getting a visit on President Biden's 100th day in office and so here is this article: Biden meets with former President Jimmy Carter.      Here are the stock futures going into Friday morning 4/30/21: DOW is down by $27.00, the S & P 500 is down by $4.50 and the NASDAQ is down by $22.00 at 4:09 pm PST.         At the moment the US dollar had closed at $90.64 and waiting for it to reopen, now going to another Biden article.     The tax plan to raise taxes on corporate rates to 28 percent: How Biden's taxes hit the richest, but skip the suburban base.      The lead is shrinking upon the negative red line against the positive blue line on the MACDs on the dollar. 

        After the markets had closed the negative red line was at -.21, the positive blue line at -.35 with the history line at -.14.     Here is another update on the stock futures: DOW is down by $29.00, the S & P 500 is down by $5.00 and the NASDAQ is down by $25.50 at 4:24 pm PST.      Now that the US dollar has reopened going into Friday morning, its still at $90.64 at 4:26 pm PST.       Our final news article on the Covid vaccine from BioNTech: CEO confident Covid vaccine works against double mutant strain identified in India.       Here is another update on the stock futures: DOW is down by $23.00, the S & P 500 is down by $4.50 and the NASDAQ is down by $24.50 at 4:34 pm PST, still no change on the dollar.   

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