Janet's Wilted Dollars

11/14/13 10:05AM EST

So, after testing Hedgeye TREND resistance of $81.39, the US Dollar Index (sadly) faded like a wilted flower yesterday.

Janet's Wilted Dollars - yell3

Reality check: This is your centrally planned market life now. Deal with it.

On a related note, I don’t think there’s a hope in hell that Janet Yellen signals a December taper. Heck, the Yen might even be a long here going into her hearing. That’s how scary dovish she is.

Janet's Wilted Dollars - lightning

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.