US Economy Ready for an Investment Boom and Strong Growth

US Economy Ready for an Investment Boom and Strong Growth

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!

 With deregulation and reducing government influence, President Trump has maintained 3% growth in Quarters 2 and 3 of Y 2017.

With The Trump Tax bBill and growth projected up to 4%,  enough tax revenue increases are expected to balance what was originally deemed a $1.5-T tax cut for corporations and individuals by Congress’ Joint Committee on Taxation.

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…

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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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