Trump Rally: The 2018 Sequel? Dow breaks 25,000, heads higher

WASHINGTON, January 6, 2018: During the last two weeks of December 2017, we and our portfolios were essentially out of action. From the looks of it, most investors deserted the field as well, save for a small but intrepid band of tax-loss sellers, shorts and permabears, all of whom enjoyed hammering the market down whenever they… Please follow and like us:

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The Myth Behind Donald Trump’s Influence On Stocks

Earlier in the year, you may have seen a headline at some point pertaining to the so called “ Trump Rally” for the US and global stock market. Post election and through early 2017, there was this narrative that Trump had ignited a stock rally in anticipation of tax cuts, infrastructure spending, and deregulation. In early… Please follow and like us:

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The Federal Communications Commission voted last week along party lines to move forward with Chairman Ajit Pai’s plan

WASHINGTON, May 24, 2017 – CNBC’s online site posted an article Wednesday morning, reporting on an interview with Allianz’ chief economist Mohamed El-Erian on the cable network’s morning show “Squawk Box.” “The stock market has been rising because too much money is chasing too few opportunities, economist Mohamed El-Erian told CNBC on Wednesday. “The Trump trade… Please follow and like us:

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Trading Diary: A fine line between investing profit and loss

WASHINGTON, February 27, 2017 – We read a stock market analyst’s comment on the CNBC web site today that made us nervous: “‘We have transitioned from an interest-rates driven bull market to an earnings-driven bull market. That’s the main story,’ said Jeffrey Saut, chief investment strategist at Raymond James. ‘I think we’ve got another six, seven… Please follow and like us:

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Trading Diary: Freaky Friday puts trading action on hold

WASHINGTON, February 24, 2017 – If you keep up with the financial news, or what passes for it these days, given the politicization of nearly everything, you’ll have noticed that traders and investors alike are pulling back from the ongoing Trump Rally to assess the total situation. As is often the case, we’re dealing with a… Please follow and like us:

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The pause that refreshes: Trump Rally stalls in Friday trade

WASHINGTON, February 24, 2017 – After acting dazed and confused for much of this week, stocks looked wobbly during Thursday’s trading action, pointing toward a negative opening Friday; and a negative opening bell trade is exactly what U.S. markets got. Stocks and major averages alike took a tumble in Friday morning trading action, with the Dow… Please follow and like us:

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Trading Diary: Yawn. No buying today as stocks flatline

WASHINGTON,  – Thursday trading action on Wall Street was for the most part so indecisive that at times, it seems as if traders and investors alike greeted the entire day with a collective yawn. Trading Diary We simply moved cash around a bit in our accounts today, although we made one sale, of… Please follow and like us:

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