I think its finally time to pull back the horns on the dollar. Been looking for a substantial move since March and I think this qualifies. I’m seeing some positive divergences on the Euro and with QE gearing up over there it should give a boost to their economy/markets much like it did with the US. The dollar stabilized after QE. I’d expect a similar type move. European ADRs should do well. I’ve been in FCAU, but I think NOK and other ADRs would get the currency tailwind as opposed to the headwind they’ve had for close to a year. What other things do you guys think would be affected positively?
You went to a honk fest?
ReplyDeleteDidn't see the price in AH but the high of day was $61.76......... Too high?
I think its finally time to pull back the horns on the dollar. Been looking for a substantial move since March and I think this qualifies. I’m seeing some positive divergences on the Euro and with QE gearing up over there it should give a boost to their economy/markets much like it did with the US. The dollar stabilized after QE. I’d expect a similar type move. European ADRs should do well. I’ve been in FCAU, but I think NOK and other ADRs would get the currency tailwind as opposed to the headwind they’ve had for close to a year. What other things do you guys think would be affected positively?
ReplyDeleteI'm wondering about STM, kind of. DB is pretty beat up, probably the best idea.
DeleteTCK - Any chance this one comes back to life, ever?
ReplyDeletenew post
ReplyDelete