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Tuesday, November 26, 2024

Market Tied to Euro Right Now

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

The market starting stalling/selling off on the 17th.  The Euro started selling off on the 17th.  The Euro is flagging out in a descending channel right now, from which nice powerful moves can occur… I’d expect if this rally continues it happens when this Euro wakes up.

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Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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