$DIA, $SPY, $QQQ, $VXX
Many people love President Donald Trump, and many hate him to the point of stress and hysteria, so much so that they are becoming obese as the result. I know a Trump hater that looks like he put on 50 lbs since last November. Wild!
However, if you are a concerned American who wants to know the solid sentiment beyond, CNN & MSNBC then the stock markets are your gauge.
If you are in the above group of US citizens, then do not waste any time watching the news, watch what is happening in the world’s equities markets.
Last Thursday, the sacked former FBI Director James Comey completed his beginning congressional testimony and the DJIA finished + 53 pts.
That tells me, you and all that are paying attention that despite what Mr. Comey said or did not say, that President Trump is in no trouble. We do not have to listen to hours of biased, reporting from the mainstream (left-wing) media.
The Key, watch the smart money, not the news
Once savvy analyst I read Saturday, says, “When it comes to the fate of our current President, or any number of other potentially world-changing actors or events, stocks are your Canary in the coal mine.”
The stock market alive and breathing “machine” made up of millions of very smart people from all over the world, who are investing and betting huge sums of money every minute of every day 24/7 .
There is nothing that is a perfect forecaster but the world’s financial market reflects the collective best guessed of these highly informed individuals, that use the most sophisticated methods. These people are highly educated and motivated by the high stakes in The Wall Street Game.
So, whatever information there is out there, they have it in real time.
The Big Q: What is the market is telling us now?
The Big A1: For President Trump fans, Mr. Comey’s testimony, is proof that our President is “Spot On”.
The Big A2: For President Trump haters, you believe that the financial market is irrelevant and our President is The Devil incarnate flaming out before your blood shot eyes.
The truth is this: the financial market does not give a hoot who’s right, who’s wrong or who is in the Oval Office.
The only think the financial market cares about is Money.
President Donald Trump’s clear & present agenda is to roll back oppressive government regulations, including those designed to protect consumers, and to slash corporate income taxes.
His policy goals translate into more corporate profits, which manifest themselves higher stock prices.
So, if President Trump was in any danger of impeachment and his agenda was likewise endangered, stocks would get hammered. Since stocks are going up, the smart money is saying loud and clear that his agenda is intact, hence the extension of The Trump Rally that began on 8 November with his election and the resounding defeat of Hillary Clinton and the Bush/Clinton/Hussein Obama globalization machine.
President Trump loves drama and chaos, and by using Twitter (NYSE:TWTR) to go direct without a media filter, he fans the fires, thus creating continuous drama.
That being the case, everyday American’s have will continue to have lots of opportunity to the stock market prediction machine themselves.
So, when the next drama happens, instead of reinforcing your prejudices viewing MSNBC, CNN or FOX Cable News, tune out the Noise and check Live Trading News for the latest world markets information 1st, here you will find virtually everything you need to know.
Particularly watch the VXX, it gauges the fear in the US stock market, Bearish means no fear.
|HeffX-LTN Analysis for DIA:||Overall||Short||Intermediate||Long|
|Bullish (0.43)||Bullish (0.35)||Bullish (0.42)||Very Bullish (0.51)|
|HeffX-LTN Analysis for SPY:||Overall||Short||Intermediate||Long|
|Bullish (0.25)||Bullish (0.31)||Neutral (0.19)||Bullish (0.25)|
|HeffX-LTN Analysis for QQQ:||Overall||Short||Intermediate||Long|
|Bullish (0.35)||Neutral (0.15)||Bullish (0.31)||Very Bullish (0.58)|
|HeffX-LTN Analysis for VXX:||Overall||Short||Intermediate||Long|
|Bearish (-0.35)||Bearish (-0.37)||Bearish (-0.40)||Bearish (-0.29)|
Have a terrific weekend.
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