IAT-breaks 200day back to June lows.Topley’s Top Ten – September 5, 2017
1.U.S. Dollar Hitting Some Serious Technical Levels.
U.S. Dollar Sitting on 200day Moving Average Long Term Weekly Chart.
U.S. Dollar approaching uptrend line dating back to 2011
WSJ-
Shares in U.S. companies with more than half their revenue from outside the country rose by an average of 13%, identical to the gain on MSCI’s (dollar-denominated) index of developed markets excluding the U.S. S&P stocks with less than half their income from abroad gained only 5.9%, according to analysis of FactSet data.
The pattern is even clearer when the market is sliced into five segments from those most exposed to foreign revenues to those least exposed. The most-international fifth of stocks have gained 15% on average this year, while the least-international are up just 2%
https://www.wsj.com/articles/watch-out-the-weak-dollar-gives-shareholders-money-illusion-1504195376
Topley’s Top Ten – August 29, 2017
1.2017 is Large Cap Momentum Market….MTUM +20% vs. VTV +4%
MTUM momentum large cap etf vs. VTV vanguard large cap value etf
Topley’s Top Ten – August 28, 2017
1.U.S. Small Cap Stocks Experienced a 6.5% Correction from Highs.
In an S&P obsessed market, small caps quietly post a better than 5% correction with close below 200day moving average.
Friday High Net Worth Weekly Review – August 25, 2017
1.U.S. Households Net Worth to an All-Time High.
https://www.guggenheimpartners.com/cmspages/getfile.aspx?guid=8db18c30-ea6a-4b35-9e5f-cc00f7bba3df