Updates for Thursday markets

Sharing Financial overview from Market Volume:

After a severe slump over the past eight months, the US dollar appears to be springing back to life.

Some market pundits  believe that a sharp rally lies just ahead for the US dollar. Should the current inverse correlation between the greenback and the broad market continue to hold, this would have negative implications for the entire market; for one, it could cap the current exuberant multi-month stock rally investors have come to depend on.

Oil prices declined today as the US dollar strengthened. A pessimistic commentary  is that the demand for oil and gasoline products is declining because the US economy continues to struggle.

http://idkitana.wordpress.com/2009/11/13/updates-for-thursday-markets/

Ana aka Idkit

Ag Moderator

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