If the Fed is going to begin taking away the punchbowl why is the dollar tanking?

For a number of weeks the Fed has been talking about “tapering” its asset purchases, and from the recent spike in US government bond yields and the decline in US equities it seems as though investors them at their word. This does however raise an interesting question: If the Fed really is going to begin taking away the punchbowl why is the dollar tanking?

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The 5.3% correction in US equities is likely the best buying opportunity you’re going to get

For those that have been sitting in cash and have missed the 25% rise in the S&P 500 since November 2012, the recent 5.3% correction likely represents the best buying opportunity you’re going to get. The index bounced perfectly off its uptrend line and the outlook for US equities remains bullish.

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Market Wrap: 7 June 2013 – US equities remain in uptrend, palladium decouples from other precious metals & the Aussie dollar drops sharply

This regular column reviews the condition of several different markets including: stocks, commodities, currencies and precious metals. This week focuses on the Wilshire 5000, West Texas Intermediate crude oil, palladium, and the Australian dollar.

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Two short candidates to take advantage of the new market downtrend

Since reaching an all-time high of 1,687.18 on 22 May the S&P 500 has established a downtrend which so far has seen the index fall 4.7%. This article shows the new trend in the major US stock average and examines two potential short candidates that could take advantage of the new market downtrend.

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