tag:blogger.com,1999:blog-37433435.post514475583039994727..comments2024-01-29T01:52:07.363-05:00Comments on Kevin's Market Blog: Watch The Yen If You Want To know What Stocks Are Going To do.Kevinhttp://www.blogger.com/profile/10858224918246729626noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-37433435.post-24509488602332375132008-03-08T10:36:00.000-05:002008-03-08T10:36:00.000-05:00this is not exactly true..there is a correlation ,...this is not exactly true..there is a correlation , no doubt. But intra day, the movement of yen doesn't precede the stock movement..at times, as i observed, it was other way around.<BR/>be careful out thereAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37433435.post-85775763942164775582008-03-06T09:21:00.000-05:002008-03-06T09:21:00.000-05:00Thats exactly what I've been saying for months.The...Thats exactly what I've been saying for months.<BR/><BR/><A HREF="http://benbittrolff.blogspot.com/2008/02/yen-as-leading-indicator.html" REL="nofollow">The Yen As A Leading Indicator</A>Ben Bittrolffhttps://www.blogger.com/profile/12465978905157927856noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-12410493047940314132008-03-06T09:20:00.000-05:002008-03-06T09:20:00.000-05:00Thats exactly what I've been saying for months.The...Thats exactly what I've been saying for months.<BR/><BR/><A HREF="http://benbittrolff.blogspot.com/2008/02/yen-as-leading-indicator.html" REL="nofollow">The Yen As A Leading Indicator</A>Ben Bittrolffhttps://www.blogger.com/profile/12465978905157927856noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-69839936029386554942008-03-06T08:23:00.000-05:002008-03-06T08:23:00.000-05:00The yen broke through January's high several days ...The yen broke through January's high several days ago. Given the negative correlation, one would have expected the S&P to have done the opposite - make a new low, but it didn't. Lately I'm nervous using this signal to trade and have abandoned it.<BR/><BR/>Take a look at this:<BR/>http://tinyurl.com/ywszsc<BR/><BR/>Would love to see a response from you on this one Kevin. <BR/><BR/>Many thx for moohttps://www.blogger.com/profile/10794288928798706925noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-35285633967632253232008-03-05T17:35:00.000-05:002008-03-05T17:35:00.000-05:00yes, this the de-leveraging of the yen carry trade...yes, this the de-leveraging of the yen carry trade. i believe the inverse relationship has been in affect just recently, like about a year??? anyone can confirm?<BR/><BR/>JimmyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37433435.post-45739943243007271722008-03-05T09:49:00.000-05:002008-03-05T09:49:00.000-05:00Kevin,Excellent post. Thanks for the insight. Ar...Kevin,<BR/><BR/>Excellent post. Thanks for the insight. Aren't we seeing the same inverse relationship between the $USD and the Yen? As the value of the dollar fluctuates, dollar denominated stocks follow suit? Maybe both $SPX and the Yen are following the movement in the dollar?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37433435.post-35823072051945563092008-03-05T04:17:00.000-05:002008-03-05T04:17:00.000-05:00Good post, Kevin. You can watch this 24/7 and sim...Good post, Kevin. You can watch this 24/7 and simultaneously get rid of the inversion by watching USDJPY in the Forex market.<BR/>http://tinyurl.com/2pah8pAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37433435.post-61533316167844297162008-03-05T03:29:00.000-05:002008-03-05T03:29:00.000-05:00Is this the carry trade still in action?Is this the carry trade still in action?Dr. Duruhttps://www.blogger.com/profile/03628447687097495422noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-25461984073460254962008-03-04T22:48:00.000-05:002008-03-04T22:48:00.000-05:00Wow! interesting stuff.Thanks KevinWow! interesting stuff.<BR/><BR/>Thanks KevinAnonymousnoreply@blogger.com