A Walrus Thanksgiving (DXY, FXI, DJIA)

Bourbon & Bayonets

“The time has come,” the Walrus said, “To talk of many things: Of shoes–and ships–and sealing-wax– Of cabbages–and kings…” Lewis Carroll “I am the Walrus Goo-goo-ga-joob…” Lennon/McCartney Enjoy yer bird, gang! We’re monitoring two separate trends in the market as the turkey gets served this year. The first is the action on the dollar. And […]

November 27, 2014

Put on Your Parkas, Gang! (UNG, DIA, DXY)

Bourbon & Bayonets

Hang on, brothers. The pace is picking up. And because of that, we’re reminding you of a couple of ironclad laws of investing to help see you through the journey. Back on October 23rd we wrote a letter called The Slide is Complete, in which we argued that a Dow Theory ‘Buy’ signal was imminent […]

November 20, 2014

Dollar Fires Shake up the Market (DXY, XLI, XLK)

Bourbon & Bayonets

We’re going to start today with some comments on the dollar. Why? Because going into the weekend the dollar is looking stronger than it has in over a year. As the chart below shows, the U.S. Dollar Index (DXY), a widely accepted theoretical value assigned to buck, that’s calculated as a composite of a basket […]

July 31, 2014

Hopping on a Gas Bounce (UNG, DXY)

Executive Lounge, Wall Street Elite

We’ve been re-gearing toward the resource sector over the last couple of months and even opened a trade or two focused on the changing price of crude. We’re continuing today in that vein, but branching out to examine some different commodities that we believe are now ready to ignite. But first a little background. We’ll […]

July 28, 2014