Abigail Doolittle of Peak Theories Research talks about whether or not the rally in the stock market, precious metals, and commodities - or the risk rally - is likely to continue. Based on Abigail's belief that the dollar is likely to decline further, it seems that the risk rally still has legs. Also, Abigail talks about her belief that Treasury yields will rise and that the Fed will still have the low rates it wants along with some hint of an inflation expectation.
@apacheman15 Well said. I tend to have similar macro views as Abigail (in other words, bearish) but I trade according to the trend. I do not believe it is proper to pollute my analysis with my macro bias that can easily be wrong.
mason72518 2 weeks ago
often watch CNBC and sometimes see you on there giving chart analysis. The problem I have is that you will show a chart, then you will put your own trendlines on the chart that do not in any way accurately reflect the trend of the chart. Do you have trouble sleeping at night knowing that you make a living by drawing trendlines on charts that do not even remotely reflect the actual trend of the chart? It is unbelieveable to me that anyone on Earth would put any stock into what you say.
apacheman15 3 weeks ago
Abigail, nice call on TIF yesterday on CNBC. Sat on my hands on this one, PUTS would have been nice. Thanks.
Beaperboy1 1 month ago
Abigail, please keep contributing. Some of the most insightful information comes from you, and that helps to keep sanity amidst the constant barrage of perma-bull/perma-bear rhetoric shown on CNBC.
sinhafamily 2 months ago
Abigail you should do a weekly recap type of video, thanks! :-)
asvtony 3 months ago
Nice job on CNBC
jdwhit60 3 months ago
guess what abby, the dollar is up as of right now
ElitePokerPlayer 5 months ago
Very informative piece. I'm wondering though, how long do you think the risk rally will last on dollar weakness? I browsed the Peak Theories site and found information on the S&P's Twin Peaks theory. It was mentioned there that the S&P could drop to 425 or even as low as 100 in the next 6 to 30 months. These two views seem to contradict eachother. Could you explain further? Should I extrapolate that Risk-On will last until QE2 ends in June 2011 then start to drop dramatically? Thanks!
dhavis69 1 year ago
who needs maria bartiromo when we have abigail? great stuff, thanks abigail.
murphinium 1 year ago
I disagree completely!
uckfayu 1 year ago