From the floor of the CME group Dan Collins, Traders Exclusive Contributor talks about the low market, the Fed and the dollar indexes. Collins says the low market open could be due to the positive numbers in GDP and unemployment or the negative earnings reports. He says there has been a long risk on/ risk off period where good new has been bad and bad has been good because it would lead more intervention by the Fed. He hopes the market is coming out of the period and we can start looking towards fundamentals to lead the market. Collins says at some point the taper needs to end. We are now down to 25 billion and continued tapering in October of this year should lead to tightening of interest rates in the second quarter of 2015. Collins says the dollar index is at a year long high, close to breaking out of a range. ¿
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Video
Harley-Davidson: Riding Into History on the Back of a H.O.G.
What is it about Harley-Davidson that evokes so much nostalgia? Maybe it's the throaty sound of the engine, the sleek lines or its classic colors. Watch the video for a video timeline of the iconic company that was built out of a shed.
Memorial Day Weekend: Outdoorsy Reveals the Best RV Camping Spots
Memorial Day is the unofficial start of summer and the vacation season that powers RV rental company Outdoorsy.
From Mega Millions to Powerball: Biggest Lottery Jackpots Since 2016
The odds of winning the Mega Millions jackpot and the Powerball jackpot are 1 in 303 million and 1 in 292 million respectively, according to Lottery USA.
2 Tailwinds Could See Investors Shop for Retail Stocks in 2019 -- ICYMI
Wage expenses and freight costs could soon abate, a big tailwind for retailers heading into the rest of 2019. Here's what investors need to know.