Bullish Dollar, Bearish Tech

Featuring Dave Floyd

Dave Floyd from Aspen Trading takes a technical look at the damage done to equity markets in recent weeks, including a chart-based assessment of a number of stocks in the S&P and an outlook for the Fed’s rate hike decision later this week.

Published on
14 September, 2015
Topic
US Dollar, Monetary policy, Technical Analysis
Duration
20 minutes
Asset class
Equities, Currencies
Rating
35

Comments

  • SC

    Shaun C.

    28 9 2015 02:48

    1       2

    I do not like this type of TA. No consistency in application, no rigour in testing historic validity. May work for others but would prefer not to see it on RV.

  • AC

    Andrew C.

    22 9 2015 04:36

    1       0

    would have liked to see a different USD chart as the DXY is very weighted to Europe (EURO/GBP/CHF/SEK). So bear DXY is Bull Europe. How about emerging market currencies as a measure of USD strength?

  • DF

    Dave F.

    17 9 2015 23:31

    0       0

    Thanks Brian

  • DF

    Dave F.

    17 9 2015 23:31

    0       0

    Hey Andy - appreciate you comment regarding 'weak on fundamentals'.

    I made it pretty clear that that is not my wheelhouse - I know just enough to support my technical views and vice versa.

  • DF

    Dave F.

    17 9 2015 23:29

    0       0

    Thanks Suzanne - glad you find them helpful.

    Dave

  • DF

    Dave F.

    17 9 2015 23:29

    0       0

    Thanks Stewart - next video likely posted on Sep 28th

  • DF

    Dave F.

    17 9 2015 23:28

    0       0

    Chris - I use Motive Wave - if you need to label charts - hands down the simplest platform for waves and other drawing tools

    http://www.motivewave.com/?af=3780006&c=ASPENPUB

  • DF

    Dave F.

    17 9 2015 23:26

    0       0

    IK - time will tell which thesis plays out.

    Thanks,

    Dave

  • DF

    Dave F.

    17 9 2015 23:25

    1       0

    Hi Kashyap,

    Agree on NFLX but that is one of those 'looney' stocks - trades on who knows what.

    Would rather sink my teeth into something a bit more tangible.

    Eventually NFLX will fall

  • KS

    Kashyap S.

    17 9 2015 07:43

    2       0

    One year since I subscribed, and I can't imagine life without RV TV. Wondering why he missed NFLX, which is by far the most overvalued tech stock.

  • IK

    Ian K.

    17 9 2015 00:01

    0       0

    INTC: 800 design wins in Skylake processor, extremely high demand. 3DXP (Crosspoint) may mean INTC has the dominant memory class for the next decade. I hope for a dip to low 20s, but only so I can buy

  • cr

    chris r.

    16 9 2015 14:12

    0       0

    what technical tool are u using, which automatically structuers an ABC formation with a quick click, im stuck using a calculator.

  • FS

    Fred S.

    15 9 2015 13:34

    0       0

    Not a big fan of TA, but think you need both TA and MA to do well at trading. That's what I've learned so far from the best here on RVTV. Thanks Raul and Grant!

  • SB

    Stewart B.

    15 9 2015 11:05

    2       0

    Thank you. Good ideas. Please keep these coming.

  • SJ

    Suzanne J.

    15 9 2015 09:59

    3       1

    Great to see charts in action. Thanks for your insights and look forward to more. I use channels and vsa to guide my decisions, but every method has its strengths. I enjoy the learning experience.

  • AC

    Andy C.

    15 9 2015 02:04

    1       1

    Like the technical analysis and seeing tied to some fundamentals but this guy was weak on the fundamentals. Eliott wave is bullshit, don't fall for it.

  • RM

    Richard M.

    14 9 2015 21:38

    10       2

    I don't put much faith in EW (not much in fibo's either), that being said he still did a pretty good analysis. But I'm waiting for the MASTER of TA, Greg Weldon to make a return appearance - thanks!

  • BB

    Brian B.

    14 9 2015 21:18

    4       2

    Great. More of this type of presentation please with a particular focus on equities. Thanks

  • NS

    Nico S.

    14 9 2015 20:55

    3       0

    Likely some informative data, but so much more happening beyond technical's that will likely guide the market.

  • CL

    Chewy L.

    14 9 2015 20:54

    0       1

    Never mind. commented without watching the whole video

  • CL

    Chewy L.

    14 9 2015 20:31

    0       0

    love to see some TA on major indices, sectors, etc poised to move next time. great work!

  • db

    don b.

    14 9 2015 20:27

    5       4

    Yawn