US Economy Ready for an Investment Boom and Strong Growth
$DIA, $SPY, $QQQ, $VXX
We here at HeffX-LTN are optimistic about America’s economic future now that President Trump and GOP lawmakers have kept their promise of a sweeping tax reform.
“I think the economy is on the verge, which you heard me say this, because of the tax changes and regulatory changes, we’re on the front end of an investment boom,” said Larry Kudlow, a former Ronald Reagan adviser told reporters.
“I haven’t seen anything like this, these companies either declaring more investment equipment or wage increases in dividend it’s phenomenal,” said Mr. Kudlow
And President Trump himself tweeted last week about the historic accomplishment.
“Our big and very popular Tax Cut and Reform Bill has taken on an unexpected new source of “love” – that is big companies and corporations showering their workers with bonuses. This is a phenomenon that nobody even thought of, and now it is the rage. Merry Christmas!”
Our big and very popular Tax Cut and Reform Bill has taken on an unexpected new source of “love” – that is big companies and corporations showering their workers with bonuses. This is a phenomenon that nobody even thought of, and now it is the rage. Merry Christmas!
Tuesday, the US major stock market indexes finished at: DJIA -7.85 at 24746.21, NAS Comp -23.71 at 6936.25, S&P 500 -2.84 at 2680.50
Volume: Trade on the NYSE came in at: 528-M/shares exchanged
- NAS Comp: +28.9% YTD
- DJIA: +25.2% YTD
- S&P 500 +19.7% YTD
- S&P Midcap 400 Index: +14.8% YTD
- Russell 2000 +13.8% YTD
| HeffX-LTN Analysis for DIA: | Overall | Short | Intermediate | Long |
| Very Bullish (0.66) | Very Bullish (0.56) | Very Bullish (0.83) | Very Bullish (0.58) |
| HeffX-LTN Analysis for SPY: | Overall | Short | Intermediate | Long |
| Very Bullish (0.61) | Very Bullish (0.67) | Very Bullish (0.58) | Very Bullish (0.58) |
| HeffX-LTN Analysis for QQQ: | Overall | Short | Intermediate | Long |
| Very Bullish (0.50) | Bullish (0.33) | Very Bullish (0.52) | Very Bullish (0.64) |
| HeffX-LTN Analysis for VXX: | Overall | Short | Intermediate | Long |
| Bearish (-0.45) | Bearish (-0.49) | Very Bearish (-0.57) | Bearish (-0.29) |
Stay tuned…
US Economy Ready for an Investment Boom and Strong Growth added by Paul Ebeling on
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Paul Ebeling
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