US Needed Tough Leader, Now it Has 1, the Market Confirms It…

US Needed Tough Leader, Now it Has 1, the Market Confirms It…

#President Trump #leader #tough #C19coronavirus #policies #market #WhiteHouse

$DIA $SPY $QQQ $RUTX $VXX

“US Needs Very Tough Leader, Not Empathy and Love” — Dick Morris

America needs a “very tough leader” in these times of violent race protests and the outbreak of the C-19 coronavirus, former presidential adviser and campaign consultant Dick Morris said in a TV interview Wednesday, not “empathy and love” as suggested by ex-staffers of former President George W Bush (43).

Mr. Morris was reacting to comments by former 43 staffer John Farner, who spoke about the group 43 Alumni for (Joe) Biden, a political hack pac former 43 White House officials supporting Sleepy Joe Biden for President over President Trump in November

Mr. Farner dismissed a question about Mr. Biden’s comments regarding demanding a Ukraine prosecutor be fired as a condition of receiving US aid, saying the group was concerned about returning “empathy and compassion” to the White House.

The antipathy toward Trump is sort of visceral,” said Mr. Morris, who was a long-time adviser to Bill Clinton while he was Governor of Arkansas and President. “It’s not policy driven. It is just ‘I hate him.’

The answer is that these times demand a very tough leader, when you have people tearing down statues of George Washington and Christopher Columbus; and you have cities on fire; and you have six innocent children shot dead over the July 4th weekend as they were driving cars with their parents. This is not the time for empathy and love. This is the time for law and order and restoring the values of our society. And that’s the message Trump is pushing.

And that is going to Win.”

The US stock market confirms that President Trump’s policies have been and continue to be working; the market attest to that, the market is never wrong; and the economy is in a V-shaped recovery from the Instant Recession brought on by The China Virus attack.

Wednesday, the major US stock market indexes finished at: DJIA +177.10 at 26067.30, NAS Comp +148.61 at 10492.50, S&P 500 +24.62 at 3169.81

Volume: Trade on the NYSE came in at 1.0-B/shares exchanged

  • NAS Comp +16.9% YTD
  • S&P 500 -1.9% YTD
  • DJIA -8.7% YTD
  • Russell 2000 -14.5% YTD

HeffX-LTN’s overall technical outlook for themajor US stock market indexes is Bullish with a Very Bullish bias in here

Looking Ahead: Investors will receive the weekly Initial and Continuing Claims report and Wholesale Inventories for May Thursday.

Have a healthy day, Keep the Faith!

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Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.