Trump Bull Market Rally Has Room for a 10% Move

Trump Bull Market Rally Has Room for a 10% Move

Trump Bull Market Rally Has Room for a 10% Move

$SPY

The Trump Bull is Running…

Some very savvy professional participants have seen The Trump Rally raging since his election and believe it has enough energy to drive as much as 10% higher despite pauses to refresh along the path to more record highs.

“I’d say more upside than downside,” he predicted.

“I think the economy is gaining some strength. I think the regulation rollback and the likelihood that we’re going to see taxes decreased as well for individuals and corporates,” said Mr. Najarian, who with his brother Pete are the co-Founders of OptionMonster.com.

 “I think those are pretty powerful drivers and the fact that we’ve got housing starts highest level since 2007 today, I think that also is a significant increase and optimism for the market,” he said.
HeffX-Analysis for SPY: Overall Short Intermediate Long
Bullish (0.44) Bullish (0.29) Very Bullish (0.50) Very Bullish (0.54)

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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