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Wednesday, June 16, 2021

Skyrocketing dollar, Fed meeting is deciding in talks to begin tapering, most stocks declining

     With the dollar skyrocketing during the trading session while Fed talks about stimulus tapering from it increasing the inflation growth estimate.      Increasing it sharply for the year, GM accelerates electric car investments and announces two new battery cell factories.      Here are the links to both of these articles: Fed now talking tapering with stock markets unhappy, second article: GM accelerates electric car investments.       Even with falling prices on some of the stocks today 6/16/21, it creates better deals to pick up more shares in different companies.       Dollar still surging even in after it reopening going into Thursday morning 6/17/21.      A little after 1 pm EST the US dollar began skyrocketing right around the Fed meeting and shot up from $90.55 to $91.25 in over two hours.     It is still rising at a rapid pace with another increase of .35 cents since the stock markets have closed.    The dollar is at $91.48 at 5:28 pm PST, it closed earlier at $91.13 and has been as lowest of $91.40 and the highest of $91.48.

     The positive blue line is starting to pull away from the negative red line on the MACDs driving the momentum in the US dollar.    Yesterday 6/15/21 the negative red line was at -.17 and today it was at -.13, yesterday 6/15/21 the positive blue line was at -.06 and today it was at +.04.    The history line jumped from yesterday when it was at +.11 and shot up to +.17.      With a spiking dollar and the stock futures going down into tomorrow: DOW is down by $185.00, the S & P 500 is down by $26.25 and the NASDAQ is down by $119.75 at 5:39 pm PST.      Practically every investment of ours went up today, the US dollar is at $91.46 at 6:16 pm PST.      Here is another update on the stock futures: DOW is down by $156.00, the S & P 500 is down by $24.50 and the NASDAQ is down by $110.00 at 6:18 pm PST.

     Early this morning I was woken up by my Elizabeth with the two of us confirming the date to meet each other sometime after July 5th, 2021.     We agreed upon after the two of us meeting for us to join together to head back to Canada.    Learned earlier this morning that they purchase construction for to build items for different estates and get paid by check from these construction sites.     So Elizabeth wants to teach me in what she and her aunt are doing, with bringing my business plans and projects off the ground.      

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