Wall Street Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.

Thursday, February 05, 2015

The Dollar Drive is Done – Buy the UDN

The dollar move of the last forever or so is ending now in my opinion, so I’m suggesting investors move into securities like the PowerShares DB US Dollar Bearish ETN (NYSE: UDN) immediately. You might also buy puts in the PowerShares DB US Dollar Bullish ETN (NYSE: UUP), or look to the commodities that will benefit from a weaker dollar, like energy and other areas, using securities like the United States Oil (NYSE: USO) or the SPDR Gold Trust (NYSE: GLD), which will lag energy due to capital flows from precious metals now flooding into energy. See my full report on the dollar here.

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