In today’s shortened pre-holiday trading, the U.S. dollar rose, thanks to bright economic data boosting convictions that the Federal Reserve will continue tapering its stimulus. “The U.S. data was robust enough to keep the dollar supported to year end, and to convince investors that the Federal Reserve will continue to taper,” said Michael Sneyd, FX strategist at BNP Paribas.
[Note: Due to the Christmas holiday week, I’m sharing with you one of my favorite PowerTalks from the past. This PowerTalk originally was posted on December 12, 2012. However, the following analysis is updated.] Contrary to expectations, Safety and Security PowerTrend company Smith & Wesson (SWHC) has had a successful year, rising 36.78% since this PowerTalk was first
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
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Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
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: