Technical Tuesday – Dollar Down, Markets Up – Duh!
May 22, 2018 at 11:01 AM EDT
The Dollar plunged from 93.95 to 93.25, which is 7.5% and the S&P 500 went up from 2,713 to 2,733, which is 7.5% – that is not a rally, that is the repricing of merchandise against a falling currency!
