$DIA $SPY $QQQ $RUTX $VXX
President Trump will travel to Arizona next week, his 1st trip since 28 March as the coronavirus chaos ramped up in the United States.
“I think I’m going to Arizona next week, and we look forward to that,” he told reporters Wednesday during a Q&A session with industry leaders on reopening the country’s economy during the pandemic.
What the Doctors did: Q-1 GDP declined at an annualized rate of 4.8%, while the GDP Price Deflator was 1.3%. This was the largest decliner in GDP since the Y 2008.
Presidential medical advisors from the Deep State have tried to destroy The Trump Economy, and they continue to exaggerate the threat of this coronavirus chaos and supporting mayors and governors who are sabotaging their own economies and then they come begging Washington for bailouts because their revenues are drying up. They, like the Dems’ impeachment hoax failed…
Dr. Anthony “Doom” Fauci, Director of the National Institute of Allergy and Infectious Diseases is a pretentious fraud and his advice should be ignored by The People. He and his cable should be criminally culpable.
When you have a risk of death for grandparents and great grandparents that is 7,600X larger than for the children, and 20 X larger than for the working population, it is bad advice to tell the President to shut down the whole country.
But, now under the President’s ‘wartime’ leadership the US economy poised for a sharp rebound, it is time for policy to move from the cash rescue phase and focus on more long-term fundamental measures that support the growth of our great nation.
The stock market has Green lighted the V shape recovery.
Wednesday, the major US stock market indexes finished at: DIA +532.31 at 24633.86, NAS Comp +306.98 at 8914.72, S&P 500 +76.12 at 2939.51
Volume: Trade on the NYSE came in at 1.2-B/shares exchanged
- NAS Comp -0.7% YTD
- S&P 500 -9.0% YTD
- DJIA-13.7% YTD
- Russell 2000 -18.4% YTD
HeffX-LTN’s overall technical analysis for the US stock markets major indexes is Bullish with a Very Bullish bias across the board.
Looking Ahead: Investors will receive the weekly Initial and Continuing Claims report, Personal Income and Spending for March, the Q-1 Employment Cost Index and the Chicago PMI for April Thursday.
Have a healthy day, Keep the Faith!
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