Home 2020 The US Stock Market Believes President Trump is Doing Well Against Virus

The US Stock Market Believes President Trump is Doing Well Against Virus

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Economical stock market graph

$DIA $SPY $QQQ $RUTX $VXX

Saturday, President Trump said that the stock market’s 5 week blazing rally shows that traders and now investors like his Administration’s response to the coronavirus chaos has been a success.

The Market is the Test.

“The market is smart. The market is actually brilliant,” President Trump said at a White House news conference Saturday. “And they are viewing it like we have done a good job. They view it that way.

The benchmark S&P 500 index (SPX) finished on the highs Friday to close at its highest marks since 10 March. The index is up nearly 8% over the last 7 days and has recovered much of the ground lost through 23 March when it marked its bottom on a Key reversal that was confirmed on 24 March.

We had the greatest economy in the history of the world, better than China, better than any country in the world, better than any country’s ever had,” President Trump said. “We had the highest stock market in history, by far, and I’m honored by the fact that it’s started to go up very substantially.

Notably, our 3 Key technical indicators are have been flashing Very Bullish for the last 3 trading days.

Crunching the Numbers on Stocks that will Benefit as this Market Turns Due North

Have a healthy weekend, Keep the Faith!

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