All About The Dollar
The stock market closed relatively flat today after the market was filled with volatility & Panic all week. There was an options glitch this morning that led to many options being priced wrong and made the big options expiration a little more tame than normal. However there was something beneath the surface making wild moves: The dollar. I go over the recent dollar strength and how coming into next week this will be a key gauge to watch, especially if this will be the point where a strong dollar starts to hurt oil, which hasn't happened all year. Whether it is demand destruction or natural moves, we will need to see if this plays out because this very well may be the next leading indicator. EITHER WAY ITS GOING TO BE EXCITING, ENJOY YOUR WEEKEND AND HAPPY FATHERS DAY!
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