The Bull Market Marches On

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The Bull Market Marches On

"The Bull Market Marches On" 

in the news The Bull Market Marches On? What this all about..... See below. 

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Sentiment Trader show a very interesting chart today, just like how VIP members here  <= saw.. as the bull market keeps climbing. 


U.S. equities closed at record highs on Monday as Wall Street kicked off the fourth quarter on a high note.

The Dow Jones industrial average gained 152.51 points to close at 22,557.60, with Goldman Sachs contributing the most to the gains.

The S&P 500 rose 0.4 percent to 2,529.12, led by gains in health care and financials. Health care was one of the best-performing sectors, rising 0.9 percent, as biotech stocks posted their best day since Aug. 31. Financials rose 0.89 percent and have gained nearly 2 percent in the past month.

"Health care continues to be on fire and financials keep doing well. That's helping out the market today, t's also the first trading day of the month, which is usually the strongest day of the month for stocks, as fresh funds are put to work from the bigger hedge funds. 

The indexes also set intraday records, as they began a historically positive period for stocks. According to our statistics, the Dow, S&P and Nasdaq have averaged strong fourth-quarter returns in the past 25 years. Stocks are also building on gains set in the previous quarter.

The Russell 2000 also had a stellar third quarter, advancing 5.3 percent and notching a record high.. But its like no one can stop the market right now, not even the horrific terrorist event in LAS VEGAS. 

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Our Members here => VIP members here  "I think the reasons stocks, especially small caps, are doing so well are the economy and hopes of tax reform,

Traders and financial professionals work on the floor of the New York Stock 
"The economy is doing well despite the storms, a lot of folks don't think there will be tax reform but the market thinks there will be. If that happens, it will be a big boost to the economy."

Tax-reform expectations have been a key catalyst for stocks since President Donald Trump's election, along with hopes of deregulation. So we will be watching for that. 

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Will the stock market continue to rally in 2017

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Will the stock market continue to rally in 2017

"Will the stock market continue to rally in 2017" 

in the news Will the stock market continue to rally in 2017? What this all about..... See below. 

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Well there are many people talking up the market, and then there are others who say a catastrophic event is on the way very soon. There is accumulating evidence that the economy is very much strengthening, and if this is the truth, that could be very good for the economy and stocks in 2017. 

Although we can have a very optimistic view. We must take into consideration TRUMP will be president next year, and no one is really sure what is in store for us. So there are a few simple warnings for investors.

If the bull market continues for the next few months, and does not take a pause. Then what you have on your hands is a market that is vulnerable. Meaning, the higher we go, the more chance we will have of some type of serious correction.  If we get higher interest rates, and we have a strong US dollar as well that would be something many investors will be afraid of, so we have to be careful here, to think the market will go skywards every week without some type of pause. 

Let’s be honest, since Donald trump Got in, the market shot up fast, and may be getting a little ahead of itself.  Think of a helium balloon, once the balloon is fresh with helium it will go up and up, but there will be a point as which the balloon will start to lose its strength, and then deflate and stop ascending. 

The equities in the US have been going higher since Donald Trump’s surprising victory. Some have been referring to this as the TRUMP RALLY, or the DONALD TRUMP rally. Maybe this is a coincidence because people are sick of the lies from the democrats and want change. Maybe Donald Trump getting in, could mean a cleansing out for the economy and stock market and that could be a good thing. Time will tell. 

You can now see that the S&P has broken the very solid resistance at 2175 and we have exploded UP very very violently. 

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What we have to remember is this current bull market could continue, and the reason is due to lower tax rates and a business environment that is much friendly, once Trump is actually in the white house office.

Smart money is already starting to shift to consumer staples and discretionary plays, as well as technology. It seems Donald trump is going to support these areas, and there could be huge growth potential in the next 4 years.  That would be an area some of the smart investors are looking right now as we head towards 2017.

With better economic growth and tax reforms that would mean small- and mid-cap stocks will benefit quite extensively, but if the US dollar was to keep rallying, that would only hurt larger multinationals. 

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3 day Rally On The Market

3 day Rally On The Market? What does it mean?

Stocks closed near their highs Thursday, rallying for a third-straight session, lifted by a string of upbeat economic reports and following several speeches from Federal Reserve policymakers suggesting the central bank has alot of time before it starts reducing its bond-buying programs.

With this news, the pressure has been taken off the market and the participants are now out of a panic phase. But is this really a time to calm down and think everything is ok?

Well lets take 3 things into consideration.

Looking at the S&P daily chart below you can see....

1) We are in a longer term downwards channel with lower highs and lower lows.

2) We bounced nicely off the 1560 area or - oversold valuations from the fed announcement.

3) We are now in an "area of significant resistance", and the market is about to decide where to go from here.

With that said, it is obvious the market is still not out of trouble. Not until we see higher lows and higher highs is the market able to get back on its feet, and that has not being playing out. So it is wise to be cautious here.

SPX daily chart

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