As ballots are being cast for our national elections, the stock market closed strong. The market has one eye on the election results and another on what is taking place over at the Federal Reserve.

The Greenback was weak today in anticipation of further “quantitative easing” by the Federal Reserve.  Quantitative easing is a sophisticated way of classifying action taken by the central bank to stimulate the economy beyond its traditional tools of establishing interest rates.

Those who are anticipating a further slide in the U.S. dollar may find themselves caught by surprise if the magnitude of quantitative easing finally identified by the Fed is already priced into the currency.  We teach our subscribers, “When things become too obvious, it’s time to look out!”

Today we added two very interesting story-stocks to our Stock Market Companion Watchlist…

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