In today's update:
1) Stocks closed mostly lower today led by the financial sector after Donald Trump criticized the Federal Reserve for raising rates. The Dow Jones Industrial Average dropped 134.79 points, the S&P 500 fell 11.13 points while the Nasdaq 100 closed lower by 29.15 points and the Russell 2000, known as the small-cap index, actually gained 9.44 Points.
2) Crude Oil futures gained a little over 1% today on news of falling stockpiles while Gold Futures dropped sharply early in the day but closed well-off it's low as the dollar weakened. Bonds bounced today sending the yield on the 10-year treasury note back down to 2.840.
3) The U.S. dollar Index hit a new 52-week high intraday before falling back and closing just slightly higher than yesterday's close. From a technical analysis perspective, the dollar is at a very important inflection point. We will discuss this in detail in today's video.