The U.S. stock market has enjoyed a strong rally since the early spring, but while the economy has shown improvement, it still faces major headwinds. So it may be best to hedge against the U.S. dollar, which is likely to experience a significant decline over the next few months.

It’s important to be able to “step back” once in a while — in life, in work, and in markets, too. For those who would be rich, patience and wisdom count for far more than being clever.

The broad market tone is mildly optimistic as another week comes to a close. The Dow, the S&P, and the Nasdaq 100 have all broken above clear resistance levels; the Dow having done so more convincingly than the S&P, with the Nasdaq’s breakout the strongest of the three.