Category Archives: Politics

When Will the Gods Strike?

By -

This morning, the POTUS (who I suppose is closely monitoring GLOBEX quotes on the YM) tweeted this out:

0801-trump

My first remark is……….the mainstream media seldom mentions? Actually, no, he’s right. I don’t think anyone in the mainstream media has said word one about equities for the past two or three years. It’s especially bizarre that CNBC makes no mention of the daily lifetime highs, since you would expect them to be kind of focused on it. Its mostly smalltalk and puzzlement as to why Gartman only seems to own three ties.

(more…)

Mr. Trump: You May Not Want To Take Credit For The Stock Market Just Yet

By -

Stock market is still bullish

If you have followed my analysis through the years, you would know that I have correctly been steadfastly bullish the stock market for quite some time.   In fact, I was one of the very few who expected the market to rocket higher even after Donald Trump won the election last year.

And, now, we are approaching the S&P 500 target in the 2500SPX region we expected to strike in 2017.  However, just because the market has rallied strongly after the election as we expected, it does not mean we expect it to continue into the next election season. And, let me explain why that is so important.

(more…)