Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets 4 pdf

... by the trend of the U.S. dollar. Therefore, we begin our intermarket analysis with the dollar. The path to take is from the dollar to the commodity markets, then from the commodity markets to the ... bottom in the CRB Index. The relationship between the dollar and the gold market is very important in fore- casting the trend of the general commodity price level...

Ngày tải lên: 20/06/2014, 23:20

... direction and sometimes in the same direction. The trick is in understanding the lead and lag times that usually occur and also the sequence of events that affect the two markets. Figure 6.11 shows the ... the CRB Index from 19 84 to 1989 shows that the Grains have the strongest correlation with the Index ( 84% ). Two other groups with strong correlations are the...

Ngày tải lên: 20/06/2014, 23:20

... other markets. 1 24 INTERNATIONAL MARKETS FIGURE 8.2 THE WORLD'S THREE LARGEST STOCK MARKETS RESUMED UPTRENDS TOGETHER IN EARLY 1987 AND COLLAPSED TOGETHER IN THE FALL OF THE SAME YEAR. Global ... Bonds GLOBAL BONDS AND GLOBAL INFLATION Figure 8.20 shows the interplay between U.S. and Japanese bond prices (two charts on the left) and the U.S. and Japane...

Ngày tải lên: 20/06/2014, 23:20

... such as gold and oil. The study of gold and oil leads us to the next stop on the intermarket journey, and that is the study of industry groups. Two global themes that were seen as the 1980s ended ... During 1986 and 1987, the S&L group was caught in between the upward pull of rising stock prices and the downward pull of a falling bond market. By the time the...

Ngày tải lên: 20/06/2014, 23:20

... juice 144 . 34 Orange juice 105.62 Crude oil 112. 24 Platinum 105.59* Gasoline 111.39 Crude oil 105.36 Hogs 109 .41 Sugar 1 04. 52* Gold 109.20 Coffee 1 04. 40* Platinum 105 .40 Gold 103.27 Lumber 1 04. 40 Cattle ... in the CRB Index. The final top in the Dow Utilities and the final peak in the bonds in early 1987 coincided with a trough in the CRB Index. The breakdown in...

Ngày tải lên: 20/06/2014, 23:20

... the commodity markets is largely determined by the trend of the U.S. dollar. Therefore, we begin our intermarket analysis with the dollar. The path to take is from the dollar to the commodity markets, then ... relationship between the dollar and the gold market is very important in fore- casting the trend of the general commodity price level, and using a foreign...

Ngày tải lên: 21/06/2014, 07:20

... Bonds GLOBAL BONDS AND GLOBAL INFLATION Figure 8.20 shows the interplay between U.S. and Japanese bond prices (two charts on the left) and the U.S. and Japanese stock markets (two charts on the ... turns in the CPI Index (1977 and THE CRB INDEX VERSUS THE PPI AND THE CPI 119 FIGURE 7.17 THE CRB FUTURES PRICE INDEX VERSUS ANNUAL RATES OF CHANGE FOR THE C...

Ngày tải lên: 21/06/2014, 07:20

... such as gold and oil. The study of gold and oil leads us to the next stop on the intermarket journey, and that is the study of industry groups. Two global themes that were seen as the 1980s ended ... are influ- enced by their own domestic bond markets) . And second, by U.S. bond prices which are themselves influenced by global bond markets. Discussion of the bond mar...

Ngày tải lên: 21/06/2014, 07:20

... later the broader stock market followed bonds and the utilities lower. The key to understanding the relationship between the Dow Utilities and the Dow Industrials lies in the recognition of the ... in the CRB Index. The final top in the Dow Utilities and the final peak in the bonds in early 1987 coincided with a trough in the CRB Index. The breakdown in th...

Ngày tải lên: 21/06/2014, 07:20

... stocks, 149 , 1 64 Bar chart, 41 , 42 , 273 Bond(s): and commodities, 9, 10, 13, 24, 28 and the CRB Index, 24- 30 and the dollar, 54, 58, 59 in economic forecasting, 229-230 global, 141 - 143 as a leading ... rates: bonds and, 3 and commodities, 13, 22, 106-108 vs. the CRB, PPI, and CPI, 120 and the dollar, 9, 19, 74, 75-79, 86, 94 global, 139- 141 and inflat...

Ngày tải lên: 21/06/2014, 07:20