The bear market rally in stocks is continuing and not just in the United States but around the world.
The dollar is continuing to soften a bit but not dramatically. I would imagine that if this rally continues the dollar will ultimately roll over as a result.
There is also a lot of strength in commodities. Looking at oil prices, I think crude oil can get reasonably above 50 dollars a barrel. It looks as if is in the process of breaking out after a few months of consolidation.
It will be very easy for oil to move back to at least 100 dollars a barrel. It can easily do it before the end of the year.
