CNBC’s Jim Cramer broke down a “contrarian” call from trading expert Larry Williams, who sees signs that the American greenback could be bottoming.
“The charts, as interpreted by the great Larry Williams, suggest that the U.S. dollar could be ready to come out of its funk and start rallying again,” the “Mad Money” host said.
“If he’s right, we’re going to have to reassess a whole host of American companies that’ve been getting a huge boost from our weakened currency, and by reassess I mean lighten up on stocks of companies with big overseas sales,” he said.
Scottish Qualifications Authority, UK
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