Quote:
Originally Posted by Tape Reader
Heavy “stopping volume” I would call it. Love your enthusiasm but I think we have a short term pull back from here.
|
That is always a possibility Tape Reader, of course, but everything that I look for when investing is not only still in play, but actually looking better than in a very long time.
This market rally could be derailed near term by just one thing only -- the corrupt GOP leadership of Paul Ryan and Mitch McConnell or lack thereof. They want Trump to fail and they'll do whatever they could to do such a thing. Fighting Trump on building a wall, income tax reform, illegal immigration and other signature campaign promises could slow this bull to a crawl real fast.
The business and corporate side of the stock market is improving daily and there are still dozens of major companies selling at near-ridiculous discounts to their intrinsic value.