Is the 'Short USD' Trade Too Crowded? What History Says Happens Next

Google Earnings After the Close

Bitcoin is in a blue sky breakout so let’s discuss how high the Trump Pump can take it — live at 3 PM ET in an emergency session Google Earnings After the Close  First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter. Google parent Alphabet (GOOGL; GOOG) reports earnings after the close today. Google has been in a correction along with the rest of big tech and the Magnificent 7 stocks... Will today's numbers be enough to change the direction?  Come join me as we dive in and see what’s moving!  Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    — — —  Is the 'Short USD' Trade Too Crowded? What History Says Happens Next Everyone seems convinced the dollar is done. But here's the thing — when everyone piles into the same trade, it's usually time to start looking the other way. Right now, the “short USD” trade is packed tighter than a rush-hour subway.  And if history is any guide, this setup could be flashing a major reversal warning. Let’s take a step back. The U.S. dollar typically trades in sync with the 10-year Treasury yield. But lately, that’s broken down. The 10-year is holding firm, even pushing higher, while the dollar has rolled over hard.  That kind of divergence doesn’t last forever — and when it resolves, it usually happens fast. You want a clean, simple way to play a potential bounce in the dollar? Look at UUP. It’s the Invesco ETF that tracks the U.S. Dollar Index. No, it’s not a massive mover, and no, it doesn’t look exactly like DXY — but if the dollar does rip higher, UUP is probably going to catch a bid — it was up 0.9% late Wednesday after I covered this in the morning. Or if you prefer to take shots at the currency pairs themselves, look at ETFs like FXE (euro), FXY (yen), FXB (pound), FXF (franc), FXA (Aussie) and FXC (loonie).  These all had huge runs against the dollar — and every time that’s happened in the past, we’ve seen sharp, sometimes violent reversals. Not saying you need to load up on any of these. In fact, I’m not personally jumping into this trade just yet. But I am watching it. Closely. Because here’s what’s likely: either the 10-year yield pukes — or the dollar pops. And if both break in the same direction, things could get wild fast. If you’re wondering why this matters, think about where gold and equities priced in dollars have been heading lately — straight up. That’s partly due to the weak dollar. But if the dollar suddenly snaps back, those trades could unwind just as quickly. So the real question is: Are you positioned for a dollar surprise? Because the crowd sure isn’t. And that’s where the edge is. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And be sure to hit that Subscribe button on my YouTube page! _____________________________________________________ The ‘Secret’ to Spotting Breakout Stocks — Before They Explode!  See, even though the market uncertainty keeps increasing by the day… There’s a way to spot certain stocks before they shoot through the roof. I’ve laid out all the details…   Access the Complete Breakdown Here! _____________________________________________________ Today’s Daily Chart Setup: Theravance Biopharma (TBPH)     This idea came directly from my Daily Chart Setup that automatically signals potential plays.    • TBPH is a new potential entry. Target: 10.52 Stop below: 6.9   • TBPH has a historical win rate of 66.67%   • TBPH has a profit factor of 3.422   • TBPH trades last 82 trading days on average over 6 trades since 2014. See the secret behind these signals here!   This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap line.  2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.  3. Once it touches the line and starts moving back up, that signals an entry.  I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! Please check out my channel and hit that Subscribe button! I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.  *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

Bitcoin is in a blue sky breakout so let’s discuss how high the Trump Pump can take it — live at 3 PM ET in an emergency session Google Earnings After the Close   First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter.   Google parent Alphabet (GOOGL; GOOG) reports earnings after the close today. Google has been in a correction along with the rest of big tech and the Magnificent 7 stocks... Will today's numbers be enough to change the direction?    Come join me as we dive in and see what’s moving!    Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    — — —  Is the 'Short USD' Trade Too Crowded? What History Says Happens Next   Everyone seems convinced the dollar is done.   But here's the thing — when everyone piles into the same trade, it's usually time to start looking the other way. Right now, the “short USD” trade is packed tighter than a rush-hour subway.    And if history is any guide, this setup could be flashing a major reversal warning.   Let’s take a step back. The U.S. dollar typically trades in sync with the 10-year Treasury yield. But lately, that’s broken down. The 10-year is holding firm, even pushing higher, while the dollar has rolled over hard.    That kind of divergence doesn’t last forever — and when it resolves, it usually happens fast.   You want a clean, simple way to play a potential bounce in the dollar? Look at UUP. It’s the Invesco ETF that tracks the U.S. Dollar Index. No, it’s not a massive mover, and no, it doesn’t look exactly like DXY — but if the dollar does rip higher, UUP is probably going to catch a bid — it was up 0.9% late Wednesday after I covered this in the morning.   Or if you prefer to take shots at the currency pairs themselves, look at ETFs like FXE (euro), FXY (yen), FXB (pound), FXF (franc), FXA (Aussie) and FXC (loonie).    These all had huge runs against the dollar — and every time that’s happened in the past, we’ve seen sharp, sometimes violent reversals.   Not saying you need to load up on any of these. In fact, I’m not personally jumping into this trade just yet. But I am watching it. Closely.   Because here’s what’s likely: either the 10-year yield pukes — or the dollar pops. And if both break in the same direction, things could get wild fast.   If you’re wondering why this matters, think about where gold and equities priced in dollars have been heading lately — straight up. That’s partly due to the weak dollar. But if the dollar suddenly snaps back, those trades could unwind just as quickly.   So the real question is: Are you positioned for a dollar surprise?   Because the crowd sure isn’t. And that’s where the edge is.   Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!   And be sure to hit that Subscribe button on my YouTube page! _____________________________________________________ The ‘Secret’ to Spotting Breakout Stocks — Before They Explode!   See, even though the market uncertainty keeps increasing by the day…   There’s a way to spot certain stocks before they shoot through the roof. I’ve laid out all the details…   Access the Complete Breakdown Here! _____________________________________________________ Today’s Daily Chart Setup: Theravance Biopharma (TBPH)     This idea came directly from my Daily Chart Setup that automatically signals potential plays.    TBPH is a new potential entry. Target: 10.52 Stop below: 6.9   TBPH has a historical win rate of 66.67%   TBPH has a profit factor of 3.422   TBPH trades last 82 trading days on average over 6 trades since 2014. See the secret behind these signals here!     This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.   How the Daily Chart Setup Works   Here’s a more detailed description of how the pattern triggers:   1. The price breaks upward through the orange Market Roadmap line.    2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.    3. Once it touches the line and starts moving back up, that signals an entry.    I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!   You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire Jeffry Turnmire Trading   I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!   Please check out my channel and hit that Subscribe button!   I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.   I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.    *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub