Another day that did not quite add up. Dollar got slaughtered today. Obliterated down over 1%. This has typically meant big up day in the stock market. Nope, only up slightly today. Financials were actually down and the Russell 2000 was flat. Oil was up but has gone sideways to down over the last few weeks.
The biggest loser today has to be Japan. The Yen was up 1.25%!! Talk about a Python grip. Japan is getting squeezed to death. Watch the Japanese markets tonight. You could have a big move down in Japan. At some point that spreads to the rest of the world.
Everything that is seemingly out of balance is getting more out of balance. Torquing is occurring.