Spike in DXY, VIX, and 10 Year Bond Yields

The Fed’s recent comments are leading to a pessimistic outlook for a Fed pivot in July or September. The U.S. Dollar Index (DXY), VIX and 10 year bond yields all spiked today. These three charts have an inverse correlation with stocks, bonds, crypto, and commodities. So it will be important to monitor whether the spike […]Read More

US Bonds Dropping as Yields Spike

TLT is trading near historical lows around $82.40. The current price is around $89 and TLT is in a downtrend. I would monitor the price action on the way down for a buy opportunity. I wouldn’t mind DCAing on dips in case if the price doesn’t reach $82.40. ChartChamp socials: https://linktr.ee/realchartchamp

April 2024 Core PCE Inflation

Core PCE inflation comes in very strong. This is the lowest we’ve seen since March 2021. The markets are bullish from this good news. Today’s monthly candle close will be important to monitor. June 12 FOMC Meeting As we enter into the month of June, there is an FOMC meeting on June 12. The Fed […]Read More

TMF Likely to Rally Until July-August

U.S. Bonds have started to rally in anticipation of rate cuts. I think the Fed is likely to be dovish in the upcoming June 12 FOMC meeting. There is currently a 99.7% probably of a pause so there won’t be any expected rate changes in June. However, investors are hopeful that the Fed provides a […]Read More

Can the Fed stop a recession?

Dedollarization: Saudi Arabia terminates 80-year petrodollar deal

Saudi Arabia has terminated an 80-year petrodollar deal with the United States. Saudi’s oil sales were exclusively in US dollars, and this deal has recently been terminated on June 9th. Saudi Arabia will use other currencies instead such as the Euro and Russian ruble. The U.S. dollar is likely to get weaker, which is bullish […]Read More

The Surge of the U.S. Dollar: Who Wins And Who Loses?

The U.S. dollar has been on a significant upswing recently, gaining value against many other world currencies. This rise in the dollar’s value has various implications that affect consumers, businesses, and even entire economies globally. To grasp the full picture, let’s explore what makes the dollar strong, why it matters, and who benefits or suffers […]Read More

TrendSpider Platform Review | Chart Champ Virtual Tour

In this live stream I provide a virtual tour of the TrendSpider trading platform. In Apr. 2024 I became the TrendSpider Platform Ambassador, and I look forward to showing you all of the innovative tools and features available on TrendSpider. ChartChamp socials: https://linktr.ee/realchartchamp

Fed Meeting Minutes

The key message from the FOMC is that the Fed believes the labor market has eased and inflation has declined, resulting in a more balanced outlook for achieving employment and inflation goals. They see the current monetary policy as generally restrictive, but acknowledge uncertainties about its exact impact. The Fed recognizes that the economic activity […]Read More