Today, U.S. stocks stopped their worst skid since August due to investors weighed data against expectations for the outcome of this week’s Federal Reserve meeting and its effects on tapering. “The big issue this week is the Fed’s meeting and what, if anything, they’re set to do,” Mark Luschini, chief investment strategist at Janney Montgomery Scott LLC, said. “The market seems to be increasingly prepared for the prospects of it, and yet at the same time, has not bought into the notion that it’s likely to occur this week.”
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Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: