Stronger Dollar, Defensive Stocks Hint at Potential Stock Reversal Ahead
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The US dollar strengthening past 102 indicates a potential reversal for stocks.
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The ratio of high-beta to low-beta stocks suggests a possible downward trend in coming weeks.
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The US dollar surpassing 102 historically precedes equities experiencing a reversal downward.
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High yield corporate bonds show early signs of investors dumping risky assets first.
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Defensive stock ETFs rising compared to S&P 500 hints at a rotation toward safety.