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Will the Dollar Boost the Markets? | 3:00 on Markets & Money

(9/27/22) Markets are set to rally this morning, as a big short-squeeze may be underway; the dollar is showing signs of weakness. The dollar's recent surge is being confined by technical measures over time: Prices can only move in one direction so far before reverting to their moving average or lower. Watching the dollar correct from its extreme deviation from the 50-DMA will not be surprising, and will be a big boost to risk assets. Energy and oil prices should also benefit. Markets are extremely over-sold, and investor sentiment extremely negative, markets are well-set up for a reflexive rally similar to what we experienced in June. As we've mentioned before, use any rally to sell off weaker stocks, reduce risk, and raise cash for a better day's opportunity.
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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